Arab Today, arab today dh225 mln textilejoint venture textile in fujairah
Last Updated : GMT 07:02:09
Arab Today, arab today
Arab Today, arab today

Dh225 mln textile joint venture textile in Fujairah

Arab Today, arab today

Arab Today, arab today Dh225 mln textile  joint venture textile in Fujairah

Fujairah - Arabstoday

His Highness Shaikh Hamad bin Mohammed Al Sharqi, Supreme Council Member and Ruler of Fujairah, on Monday opened a Dh225 million textile factory in Fujairah. The United Textiles Factory, a joint venture between an Azerbaijani investor and the Government of Fujairah, represented by Fujairah Investment Company, is the biggest and first of its kind in the region. The factory is dedicated to produce high-quality textiles and will cater to the needs of Arab Gulf Cooperation Council, Middle East, Europe and the United States. The opening ceremony was also attended by Shaikh Mohammed bin Hamed Al Sharqi, Crown Prince of Fujairah, and senior officials. “The mammoth project keeps pace with the federal national approach, which is based on transparency under the leadership of the President, His Highness Shaikh Khalifa bin Zayed Al Nahyan,” said Sharif Al Awadhi, director-general of Fujairah Free Zone. He said the UAE is moving steadily and rapidly towards achieving sustainable development and setting up qualitative industrial projects, which depend on technology, knowledge and use of latest hi-tech methods. “Fujairah enlightened from this national approach in keeping abreast of progress, use the suitable legislations and the advanced infrastructure of the emirate as well as the incentives and facilities the zone provides such as free hold property, tax exemption and free movement of capitals, which are directed and well-looked after by the Ruler of Fujairah, the Crown Prince and followed up by Shaikh Saleh bin Mohammed Al Sharqi, chairman of the Department of Industry and Economy, in attracting real sustainable projects,” he said. The projects, according to him, are qualitative in addition to other schemes, such as the vital project of manufacturing of solar energy cells, iron pipes insulation, production of copper conics and pre-fabricated houses, and volumes of their annual operations exceed Dh5.5 billion. The joint venture textile factory is an Azerbaijani investment with strategic partnership with Fujairah Government represented by Fujairah Investment Company with 225 workers, and functions with an annual productive capacity of 10,000 metric tonnes of high-quality textiles. The facility is a distinctive addition to the projects and factories in Fujairah Free Zone is evidence to its strategic location and offering incentives and tax exemption in an economic environment and encouraging laws the UAE enjoys.  Shaikh  Hamad toured the factory and its different sections. The opening ceremony was attended by Shaikh Saleh bin Mohammed Al Sharqi, chairman of the Department of Industry and Economy; Shaikh Rashid bin Hamad Al Sharqi, chairman of Fujairah Culture and Information, and Shaikh Saif bin Hamad Al Sharqi, chairman of Fujairah Free Zone, among others. From khaleejtimes

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dh225 mln textilejoint venture textile in fujairah Arab Today, arab today dh225 mln textilejoint venture textile in fujairah

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dh225 mln textilejoint venture textile in fujairah Arab Today, arab today dh225 mln textilejoint venture textile in fujairah

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today O'Leary: Could ground more planes

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Huthis stage defiant rally 3 years

GMT 05:29 2017 Friday ,22 September

Huthis stage defiant rally 3 years
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Youssra prepares for launching her  program

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday