Latest news with #DubaiEconomicAgenda'D33
Trade Arabia
24-04-2025
- Business
- Trade Arabia
Al Khayyat Investments opens new facility at Dubai Industrial City
Al Khayyat Investments (AKI), a UAE-based business group, has announced the opening of its new Fulfilment & Innovation Centre in Dubai Industrial City, part of Tecom Group that will serve as a cornerstone for the company's continued regional expansion as well as raising the benchmark in agile, sustainable supply chain operations in the UAE. Spanning 1 million sq ft, the facility quadruples AKI's fulfilment capacity in the UAE while enabling faster and more efficient delivery of goods to its extensive partner and customer network. Initially, the centre will focus on supporting AKI's growing retail, e-commerce, and distribution businesses, serving more than 30,000 business customers as well as supporting home delivery services for consumers. The centre already has an on-time delivery rate of 98.5% for orders requested within 24 hours, it stated. AKI said it achieves this through multiple storage solution systems, with a capacity of 78,000 pallets and 67,000 bins. The site already handles over half a million units per day, with the capability to triple this figure. It includes provisions to expand by nearly 200,000 sq ft and adding 22,000 additional pallet positions in the near future, said the UAE group in a statement. Operations are supported by a fleet of over 150 vehicles, with the warehouse processing an average of 65,000 orders per month. This includes approximately 17 million units shipped monthly, with an average of 23,000 unique B2B customer deliveries, it added. Zaid S. Al Khayyat, Managing Director of AKI, said: "This represents a pivotal moment for AKI as we innovate across a diverse portfolio of businesses and partnerships to bring more people the things that matter to them," states Al Khayyat. "Yet this facility is not just about enhancing our own operations. It is a strategic investment that creates long-term value for our partners and customers, while contributing to the UAE's future-focused economy. Above all, it represents the power of our people driving our business forward every day," he added. Lauding the move, Saud Abu Alshawareb, Executive Vice President – Industrial at Tecom Group, said: "Dubai Industrial City is proud to be the home of AKI's new fulfilment centre. Our district's proximity to Jebel Ali Port, Al Maktoum International Airport, and an Etihad Rail freight terminal enables connectivity for Al Khayyat Investments' new fulfilment centre and sets it up for long-term success." "Home to more than 1,100 manufacturing champions and 350 operational factories, Dubai Industrial City is committed to supporting such strategically significant projects, in line with Operation 300bn, Make it in the Emirates, and Dubai Economic Agenda 'D33'," stated Alshawareb. Samer Sabri, Group Chief Supply Chain Officer at AKI, said: "This facility is a testament to the extraordinary teams within AKI who embrace diverse thinking to push boundaries, do more, and set the benchmark in supply chain excellence." "The facility will truly redefine AKI's position within the UAE market, ensuring swifter and more efficient distribution capabilities for our growing business ecosystem," noted Sabri. According to him, the centre's design reinforces how AKI is leading the way in digital transformation and sustainability within supply chain operations, with a fully paperless environment.
Hi Dubai
16-04-2025
- Business
- Hi Dubai
IFF Launches Creative Center in Dubai Featuring Perfumery Art Studio
IFF (NYSE: IFF) announced the inauguration of its Scent Dubai Creative Center, a 2,000-square-meter addition to the company's facility in the Dubai Science Park Laboratory Complex. The added facility strengthens IFF's capabilities to serve customers with leading fragrance innovations in one of the fastest-growing regions in the global scent industry. The Middle East is a key market for IFF's global growth. It's expected to top $7 billion by 2034, thanks to greater online access, increasing disposable income, strong demand for luxury and long-standing cultural ties to smell. The Dubai Creative Center will strengthen our ability to continue winning with customers by delivering leading innovative solutions for local tastes in fine and consumer fragrance even faster. said Erik Fyrwald, IFF CEO. Complete with cutting-edge technology and resources, the center features artistic and design inspiration from local and regional cultural heritage. It includes a perfumery art studio for co-creation with customers, a majlis—a traditional Middle Eastern sitting room—and an academy for perfumery training. It is also equipped with a semi-industrial production robot to accelerate speed to market. IFF's Scent Dubai Creative Center will enable the company to cater to the region's unique and evolving consumer demands, working with customers to create solutions in scent performance, delivery systems, and scent engineering, among others. Our new creative center features a significant number of evaluation booths for all scent categories, from fine fragrances to home, fabric, and beauty care, along with a full suite of advanced fragrance technologies. This enables our experts to craft fragrances that excel in desirability, superiority, and performance, ensuring every scent solution perfectly addresses different consumer touchpoints. said Ana Paula Mendonça, president of IFF Scent. The center's perfumery art studio is a local extension of IFF's Atelier du Perfumeur in Grasse and its Shanghai Perfumery Art Studio. These serve as creative spaces where perfumery artists from around the world can demonstrate their leadership and talent alongside local, regional, and global brands. said Sabrya Meflah, president of fine fragrance, IFF Scent. Marwan Abdulaziz Janahi, Senior Vice President of Dubai Science Park, part of TECOM Group, said: Global impact starts with locally rooted innovation, and Dubai Science Park embodies this principle by uniting the world's brightest minds to nurture meaningful scientific progress. Our community is committed to empowering such breakthroughs to contribute towards the goals of Dubai Research and Development Program and Dubai Economic Agenda 'D33'. IFF's scent team has been present in Dubai for over 15 years. Its creative voice in the Middle Eastern perfumery market has been instrumental in the global expansion of leading regional brands, creating scents that have become global icons beyond the region, supporting the global fine fragrance category growth. IFF's Dubai Science Park site also serves customers in food and beverage with solutions in taste, food ingredients, and food biosciences. News Source: Burson Global
