Dubai Investments targets strong growth in Gulf, showcases innovations at 15th GCC Joint Expo

Dubai Investments PJSC [DI] – the leading investment company listed on the Dubai Financial Market [DFM], is reinforcing its commitment to achieve robust growth across the Gulf countries through a strong participation of 12 subsidiaries across various sectors at the 15th GCC Joint Exhibition, currently under way in Sharjah.  At the exhibition, DI is displaying cutting-edge capabilities and innovation of its subsidiaries across the manufacturing and services sectors, including Emirates Insolaire, Emirates Float Glass, Emirates Glass, Lumiglass Industries, Emirates Building Systems, Marmum Dairy Farm, Dubai Cranes, Gulf Dynamic Services, Drive Dubai, Lite-Tech Industries and Gulf Metal Craft.The participating DI companies are presenting their complete range of products and services at the exhibition.

Revenues from DI’s manufacturing and contracting business touched AED 1.43 billion [$389.11 million] as on December 31, 2013, driven by the growth achieved across its subsidiaries.

Khalid Bin Kalban, Managing Director and CEO of Dubai Investments PJSC, said: “The GCC has made massive strides in the manufacturing sector over the years and the region is one of the fastest growing markets across the globe today, backed by a world-class infrastructure. A strong manufacturing industry serves as one of the cornerstones of socio-economic development, including foreign trade, and this has helped unlock exciting growth opportunities for the Gulf economies – particularly in the non-oil sector.”

He added: “Dubai Investments is one of the leading players in the manufacturing sector and our subsidiaries already have a strong presence in the UAE and GCC markets. Our participation in the 15th GCC Joint Exhibition is a great opportunity to showcase our capabilities, innovation as well as our expertise across diverse sectors, to tap into partnership opportunities with different companies, and network with prospective investors which will go a long way in strengthening our presence across the region.”

Among other exhibits, DI has brought to the centre stage the first-of-its-kind innovation in solar glass from Emirates Insolaire. A unique technology, the world’s first coloured solar panels are set to revolutionize the construction industry globally with enhanced aesthetics besides being highly sustainable due to their ability to generate electricity on their own.

At the exhibition, Emirates Float Glass, Emirates Glass and Lumiglass Industries are showcasing their range of glass products for applications across various industries, while EBS is presenting an overview of its steel building products and projects across the GCC. Marmum Dairy Farm is highlighting its product portfolio, coupled with manufacturing and distribution capabilities, while Lite-Tech is showcasing its latest LED lighting products and technology.

Gulf Dynamic Services has on show its expertise in interior design while Gulf Metal Craft is presenting its production knowledge in steel enclosures for electrical products. Dubai Cranes is showcasing its specialization in advanced overhead lifting solutions and maintenance services while Drive Dubai has on show its specialized services and facilities for drivers’ training.

Being held under the patronage of His Highness Dr. Sheikh Sultan Bin Mohammed Al Qassimi, Member of the UAE Supreme Council and Ruler of Sharjah, the 15th GCC Joint Exhibition runs till May 30, 2014 at the Expo Centre Sharjah and has brought together top exhibitors from different sectors across the GCC.

600450 Dubai Investments targets strong growth in Gulf, showcases innovations at 15th GCC Joint Expo
Date: 29 May 2014

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