Apr. 8, 2013
Bayer has recently opened a new state-of-the-art office in Dubai, which was inaugurated by Dr. Richard Pott, member of the Board of Management. More than 100 employees will move to the new office located in Dubai Office Park Building. The office will host the regional headquarter including corporate and administrative staff.
Bayer has been present with its products in the Middle East since the late 1880s. In 1937, Bayer founded its first company in Egypt. In the Emirates, the first organization was formed in 1990 in Dubai.
In the Middle East, Bayer is represented by Bayer Middle East, a wholly owned and fully consolidated subsidiary of Bayer AG based in the United Arab Emirates, and its representative and scientific offices in Egypt, Jordan, Cyprus, and Saudi Arabia. Bayer has nearly 800 employees in this region and the various Bayer activities in the Middle East accounted for nearly EUR 500m in sales in 2012.
Bayer's business operations in Middle east are conducted by the HealthCare, CropScience and MaterialScience subgroups whereas HealthCare - consisting of the Pharmaceuticals, Consumer Care, Animal Health and Diabetes Care divisions - represented the highest sales in the region in 2012. MaterialScience, with its polycarbonates, polyurethanes and coatings activities, is a market leader in many areas and its high-tech materials are Bayer's second most important business in the region. And CropScience comprises of the business groups Crop Protection, Environmental Science and BioScience.
Bayer will consolidate its Middle East operations in Dubai.The regional headquarter for the Healthcare division will also be relocated from Cairo to Dubai during the remaining of year.
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