Dubai, United Arab Emirates -Monday, February 26th 2018 [ AETOS Wire ]
Jaleel Cash & Carry, the region’s largest bulk buy outlet chain and a division of UAE-based leading investment company Jaleel Holdings, has announced the development of its biggest facility at Dubai Wholesale City (DWSC) at an investment of AED 100 million. The DWSC is the region’s largest fully integrated wholesale hub.
Jaleel Cash & Carry has revolutionized the FMCG wholesale market in the region. Jaleel Holdings introduced the popular cash-and-carry concept of the European and US markets to the Middle East region with due consideration to the unique characteristics and requirements of the region. Jaleel Cash & Carry stocks products in categories like foodstuff, non-food, cosmetics, home appliances and other FMCG items.
The Jaleel Cash & Carry unit at the DWSC will span over an area of 300,000 square feet. The premises will include a fully integrated state-of-art direct sale warehouse accommodating more than 250 employees, as well as a flagship store, storage and cooling facilities and manpower accommodation in the DWSC labor villages.
Mr. Sameer K Mohamed, Managing Director of Jaleel Holdings, and Mr. Abdulla Belhoul, CEO of Dubai Wholesale City, signed an agreement in this regard in the presence of Mr. Saud Abu Al-Shawareb, COO of Dubai Industrial Park on the sidelines of the recently held Gulfood 2018.
Mr. Sameer Mohamed of Jaleel Holdings, said, "We are pleased to partner with Dubai Wholesale City and believe that this new facility will help us to expand our presence in the region and strengthen our status as a pioneer in food trading. Today, especially in light of the strong competition in the UAE market, every entity is keen to achieve excellence and efficiency in production, distribution, and transportation in order to keep up with the development goals and targets of the country. In this regard, a fully-integrated destination such as Dubai Wholesale City supports the aspirations of business operators and investors with its offering of smart solutions and superior infrastructure.”
“The investment climate in the UAE is very welcoming and thus facilitates growth of business in the country. As part of our growth strategies, we are constantly increasing our product range and ensure cost efficiency on our existing offerings, and distribute the higher quality products in line with the government’s guidelines focused on quality,” he added.
Mr. Abdulla Belhoul said, “We are happy to welcome Jaleel Holdings to Dubai Wholesale City. We are confident that their new facility will benefit from DWSC’s strategic location and superior infrastructure to enhance their position in the market and contribute to their growth story.”
“Dubai Wholesale City offers a comprehensive, modern, and well-integrated infrastructure and facilities that optimizes the production and distribution of products. We remain committed to accelerating the development of the trade and manufacturing sectors in Dubai and the wider UAE, and helping our business partners build and grow their businesses,” he added.
Jaleel Holdings is one of the largest FMCG wholesale companies in the region, with a number of locations across the UAE.
Jaleel Holdings’ consistent growth in business has brought in remarkable changes over the years. Quality, consistency and sustainability are the hallmarks of its value system that has been cascaded across the organization at all times. The company streamlined its operations to create a high level of efficiency that delivers a number brands and products in the quickest possible manner to its customers at the lowest cost, and ensures competitive prices and freshness of the products.
About Jaleel Holdings
Founded by Mr. MV Kunhumohamed, the Group’s humble journey begins from its first fruit wholesaling store in Dubai’s Deira market in 1972, which later emerged as a major player in the UAE’s general trading sector. The company was expanded into trading of various other products and into other businesses in the subsequent years. In 2008, these businesses were brought under the umbrella of Jaleel Holdings.
Headquartered in Dubai, Jaleel Holdings is now an AED 1.3 billion top line company with strong presence in trading and distribution of fast moving consumer goods (FMCG). Jaleel Holdings owns Jaleel Cash & Carry (the largest FMCG wholesaler in the UAE), Jaleel Distribution and J Mart supermarkets. Jaleel Holdings has also interests in the education and industrial solutions sectors. Jaleel Distribution is a significant component of Jaleel Holdings, offering a high degree of personalized service to the region’s most prestigious customers including leading hypermarkets, supermarkets, groceries, convenience stores, hotels, restaurants and other institutions.
Jaleel Cash & Carry has revolutionized the FMCG wholesale market in the region. Jaleel Holdings introduced the popular cash-and-carry concept of the European and US markets in the Gulf countries with due consideration to the unique characteristics and requirements of the region. Jaleel Cash & Carry stocks products in the categories like foodstuff, non-food, cosmetics, home appliances and other FMCG items. For more information, please log onto www.jaleelholdings.com
About Dubai Wholesale City
Dubai Wholesale City is the largest global market for wholesale products. The development will be a major hub for international wholesale trade. The project will also support vital sectors such as logistics, financial services, aviation, hospitality and business tourism.
Dubai Wholesale City spans over 550 million square feet encompassing the current location of Dubai Industrial City, which will become an integral part of Dubai Wholesale City.
The new project is just 10 minutes away from Al Maktoum Airport and Jebel Ali Port. Dubai Wholesale City comprises specialized integrated trading parks, international trade exhibition facility, Country Pavilions and e-commerce platform. It will focus on wholesale trade in a number of vital sectors including food, construction materials, electrical appliances, electronics, furniture and décor, machinery, equipment, wood, vehicles and spare parts, and textiles and clothing. For additional information, please visit: www.dubaiwholesalecity.ae
Rasheed Palliyalil, +97142833655
Permalink : http://aetoswire.com/news/5708/en