Latest news with #FalalAmeen
Mid East Info
22-05-2025
- Business
- Mid East Info
Ghitha Holding Leverages SAP Business AI for Digital Transformation to Advance UAE Food Security Goals
Ghitha Holding PJSC, a UAE-based diversified conglomerate spanning agriculture, food production, and distribution, a subsidiary of International Holding Company PJSC (IHC), has partnered with SAP to digitally transform core businesses. The announcement was finalized during this week's 'Make it in the Emirates' forum in Abu Dhabi, reinforcing Ghitha's commitment to strengthening the UAE's food security and industrial resilience through advanced technology. 'This is a major step towards future-proofing operations and accelerating our contribution to the UAE's food security agenda,' said Falal Ameen, CEO of Ghitha Holding. 'We are investing in world-class digital infrastructure to make our businesses more agile, more intelligent, and more responsive to the evolving needs of the nation and the region.' The digital transformation modernizes Ghitha's IT landscape, streamline operations, enhances supply chain visibility, and harnesses SAP Business AI to drive smarter decision-making through real-time business insights, predictive tools, and improved workforce planning. These advancements will strengthen Ghitha's ability to anticipate demand, improve traceability, and operate more efficiently, all of which are critical to ensuring a reliable food supply. 'Ghitha Holding is setting a powerful example of how targeted digital investment can unlock long-term strategic value,' said Marwan Zeineddine, Managing Director of SAP UAE. 'By integrating AI, cloud, and planning capabilities, Ghitha is building the digital backbone needed to support national priorities and seize new growth opportunities.' NTT DATA, the global technology and consulting leader, will be carrying out the implementation of the initiative. As part of the collaboration, Ghitha Holding and NTT DATA will also co-develop a pioneering digital solution designed for the consumer-packaged goods (CPG) sector, focused on dairy and poultry. Drawing on deep industry knowledge and technological innovation, this new platform is expected to serve as a regional benchmark and encourage wider digital adoption in the sector. Dr. Bahri Danış – Executive Vice President of NTT DATA META region, commented: 'We are honored to be Ghitha Holding's strategic partner on this journey. This project represents the power of technology when combined with visionary leadership. By joining forces to co-create a CPG-focused solution, we aim to deliver lasting value — not only for Ghitha, but for the wider industry. It is a privilege to support a future-ready organization that is committed to innovation.' The comprehensive SAP digital transformation project will span two years, with the first phase expected to go live around mid-2026.
Al Etihad
22-05-2025
- Business
- Al Etihad
Ghitha Holding leverages SAP business AI for digital transformation
22 May 2025 19:22 ABU DHABI (WAM)Ghitha Holding PJSC, a UAE-based diversified conglomerate spanning agriculture, food production, and distribution, a subsidiary of International Holding Company PJSC (IHC), has partnered with SAP to digitally transform core businesses. The announcement was finalised during 'Make it in the Emirates' forum in Abu of Ghitha Holding, Falal Ameen, said, 'This is a major step towards future-proofing operations and accelerating our contribution to the UAE's food security agenda.''We are investing in world-class digital infrastructure to make our businesses more agile, more intelligent, and more responsive to the evolving needs of the nation and the region.'The digital transformation modernises Ghitha's IT landscape, streamlines operations, enhances supply chain visibility, and harnesses SAP Business AI to drive smarter decision-making through real-time business insights, predictive tools, and improved workforce planning. These advancements will strengthen Ghitha's ability to anticipate demand, improve traceability, and operate more efficiently, all of which are critical to ensuring a reliable food Director of SAP UAE, Marwan Zeineddine, said, 'Ghitha Holding is setting a powerful example of how targeted digital investment can unlock long-term strategic value.''By integrating AI, cloud, and planning capabilities, Ghitha is building the digital backbone needed to support national priorities and seize new growth opportunities.'NTT DATA, the global technology and consulting leader, will be carrying out the implementation of the part of the collaboration, Ghitha Holding and NTT DATA will also co-develop a pioneering digital solution designed for the consumer-packaged goods (CPG) sector, focused on dairy and poultry. Drawing on deep industry knowledge and technological innovation, this new platform is expected to serve as a regional benchmark and encourage wider digital adoption in the Vice President of NTT DATA META region, Dr. Bahri Danış, commented, 'We are honoured to be Ghitha Holding's strategic partner on this journey. This project represents the power of technology when combined with visionary leadership. By joining forces to co-create a CPG-focused solution, we aim to deliver lasting value, not only for Ghitha but for the wider industry. It is a privilege to support a future-ready organisation that is committed to innovation.' The comprehensive SAP digital transformation project will span two years, with the first phase expected to go live around mid-2026.
The National
22-05-2025
- Business
- The National
Abu Dhabi's Ghitha aims to double revenue to $2.7bn in three years through acquisitions
Abu Dhabi-listed Ghitha Holding aims to double its revenue to Dh10 billion ($2.72 billion) in the next three years by expanding its asset base through mergers and acquisitions and entering new export markets including the US, its chief executive said. The trading and food distribution subsidiary of Abu Dhabi's International Holding Company has a strong M&A pipeline and is interested in buying assets in the UAE, in the Middle East and North Africa region and in markets as far away as Indonesia, Falal Ameen, group chief executive of Ghitha Holding, told The National in Abu Dhabi. 'The last year we had revenue of Dh5 billion … we need to double it within three years,' Mr Ameen said on the sidelines of the Make it in the Emirates event. 'We need to find new M&A [opportunities], improve efficiencies, and find new export markets, not only in the UAE but outside as well.' The company, which rebranded from Zee Stores to Ghitha Holding in January 2022, plans to fund acquisitions of assets through a combination of bank lending and funds from its own coffers. Ghitha is open to acquiring assets that 'add value' to the company's existing business lines of food production, distribution and farming. 'M&A is one of the quickest and fastest, and it is not only the fastest way [to grow], but once you merge, you can reduce a lot of cost, you can synchronise the logistics system … [and] can use expertise, our software, to improve their production,' Mr Ameen said. Ghitha is a frontline company in the UAE's National Food Security Strategy 2051. The programme, which aims to make the country the world's best in the Global Food Security Index by 2051, seeks to broaden local production, boost regional interconnectivity and broaden its food supply chains. The UAE is also encouraging the expansion of food-related industries as part of the national strategy. Ghitha has already been on an acquisition spree in the past few quarters, and Mr Ameen said it has full backing of the board and its majority shareholder IHC – the biggest listed company in the UAE – to pursue the aggressive growth strategy. In March, its subsidiary Al Ain Farms signed a deal to acquire UAE-based Al Jazira Poultry Farm for Dh285 million, after buying assets of Arabian Farms Investments for Dh240 million in July, which included its operations in the UAE and Saudi Arabia. This week, Al Ain Farms as well as UAE food companies Marmum Dairy, Al Ajban Chicken, Al Jazira Poultry Farm's Golden Eggs, and Saha Arabian Farms were also consolidated into the Al Ain Farms Group to support the country's food production capabilities. The group supplies more than one-third of the nation's total consumption in dairy, poultry and beverages and aims to be the region's leading provider in those segments. In October, Ghitha also said it is acquiring a 70 per cent stake in Fujairah's International Food Industries, through its subsidiary Zee Stores International, for Dh41 million. In December, however, it abandoned plans to take a 44 per cent stake in Turkish cargo carrier MNG Airlines, amicably ending the $211 million deal that was first announced in February last year. 'We have so many deals in the pipeline … looking, not on the money, but looking how we can collaborate, how we can merge, what is adding value for us, connect with us,' Mr Ameen said. The company owns a 9,000-hectare farm in Egypt that produces everything from mangoes to tomatoes, citrus and dates. Next on the radar is Indonesia where the company plans to acquire farms to tap into the country's palm oil processing centres. However, a final decision on that investment has yet to be made, he said. Ghitha also produces seafood products through its Asmak production site and operates Abu Dhabi Vegetable Oil Company, the only edible oil refinery in Abu Dhabi. It exports to markets in the Gulf and has done a 'trial run' exporting seafood to the US, Mr Ameen said. The US seafood market presents a huge opportunity since most of its imports are from China, and given the trade tiff between the two nations, countries like the UAE that are only subject to a 10 per cent levy by Washington could step in. Further clarity on the tariff plans from the US will help the company evaluate potential exports to markets in Europe, he said.
Mid East Info
20-05-2025
- Business
- Mid East Info
Ghitha Holding PJSC and ADNH Catering OPC Sign MoU to Explore Local Sourcing and Supply Chain Collaboration
Agreement reflects joint commitment to advancing national food security and industrial efficiency under Make it in the Emirates 2025 Abu Dhabi, UAE – May, 2025 – Ghitha Holding PJSC, a UAE-based diversified conglomerate spanning agriculture, food production, and distribution, a subsidiary of International Holding Company PJSC (IHC), today signed a Memorandum of Understanding (MoU) with Abu Dhabi National Hotels (ADNH) Catering OPC, one of the country's largest institutional catering providers. The signing took place at Make it in the Emirates (MIITE) 2025, the UAE's premier manufacturing platform, running from May 19–22 at ADNEC, Abu Dhabi. The agreement was inked by Falal Ameen, Group CEO of Ghitha Holding PJSC and Laura Abizova, Procurement & Supply Chain Director (ME) of ADNH Catering, on Day 1 of the event. The MoU outlines the intent of both parties to explore avenues of collaboration that support the UAE's national food security goals, enhance local sourcing, and optimize supply chain integration. The partnership reflects a mutual vision to scale production capabilities and expand the use of high-quality, Made-in-UAE food products across institutional catering sectors, including hospitality, healthcare, education, and government. The collaboration aligns with the objectives of the UAE's Food Security Strategy 2051, the National Strategy for Industry and Advanced Technology, and the wider objectives of MIITE 2025 — reinforcing the strategic role of both organizations in strengthening national resilience through local value creation. Falal Ameen, Group CEO of Ghitha Holding PJSC, stated: 'This MoU reflects a joint commitment to enhancing our growing supply chain and building a more self-reliant, agile food ecosystem in the UAE. At Ghitha, we believe that value-based partnerships are key to achieving lasting impact. By working closely with ADNH Catering, we aim to expand local sourcing, and deliver reliable, high-quality food solutions that support the nation's growth.' Laura Abizova, Procurement & Supply Chain Director (ME) of ADNH Catering OPC, added: 'Partnering with Ghitha Holding enables us to explore new ways of embedding local production into our catering operations, while continuing to meet the high standards our clients expect. This collaboration supports our broader goal of contributing to food security, enhancing sustainability, and strengthening national capabilities across the value chain.' The MoU sets the stage for early-stage collaboration in several key areas, including evaluating local sourcing potential, aligning supply chain planning, enhancing procurement agility, and exploring opportunities for product innovation and infrastructure investment. As both entities explore next steps, the MoU underscores their shared commitment to driving national priorities forward — by leveraging complementary strengths to deliver long-term value to the UAE's food and hospitality ecosystem. For more information, visit Ghitha Holding at Stand 1-FB20, Hall 1, at Make it in the Emirates 2025 from May 19–22 at ADNEC, Abu Dhabi.
Trade Arabia
20-05-2025
- Business
- Trade Arabia
Ghitha, ADNH Catering plan local sourcing, supply chain collaboration
UAE's Ghitha Holding and ADNH Catering OPC have signed an MoU to explore local sourcing and supply chain collaboration. Ghitha Holding, a UAE-based diversified conglomerate spanning agriculture, food production, and distribution, a subsidiary of International Holding Company (IHC), today signed a memorandum of understanding (MoU) with Abu Dhabi National Hotels (ADNH) Catering OPC, one of the country's largest institutional catering providers. The signing took place at Make it in the Emirates (MIITE) 2025, the UAE's premier manufacturing platform, running from May 19 to 22 at Adnec, Abu Dhabi. The MoU sets the stage for early-stage collaboration in several key areas, including evaluating local sourcing potential, aligning supply chain planning, enhancing procurement agility, and exploring opportunities for product innovation and infrastructure investment. The agreement was inked by Falal Ameen, Group CEO of Ghitha Holding, and Laura Abizova, Procurement & Supply Chain Director (ME) of ADNH Catering, on Day 1 of the event. The MoU outlines the intent of both parties to explore avenues of collaboration that support the UAE's national food security goals, enhance local sourcing, and optimise supply chain integration. The partnership reflects a mutual vision to scale production capabilities and expand the use of high-quality, Made-in-UAE food products across institutional catering sectors, including hospitality, healthcare, education, and government. The collaboration aligns with the objectives of the UAE's Food Security Strategy 2051, the National Strategy for Industry and Advanced Technology, and the wider objectives of MIITE 2025 — reinforcing the strategic role of both organizations in strengthening national resilience through local value creation. Ameen stated: 'This MoU reflects a joint commitment to enhancing our growing supply chain and building a more self-reliant, agile food ecosystem in the UAE. At Ghitha, we believe that value-based partnerships are key to achieving lasting impact. By working closely with ADNH Catering, we aim to expand local sourcing, and deliver reliable, high-quality food solutions that support the nation's growth.' Abizova added: 'Partnering with Ghitha Holding enables us to explore new ways of embedding local production into our catering operations, while continuing to meet the high standards our clients expect. This collaboration supports our broader goal of contributing to food security, enhancing sustainability, and strengthening national capabilities across the value chain.' As both entities explore next steps, the MoU underscores their shared commitment to driving national priorities forward — by leveraging complementary strengths to deliver long-term value to the UAE's food and hospitality ecosystem, a statement said. - TradeArabia News Service
