Al Fahim bullish on UAE economic prospects

03/06/2009 - Dubai Lifestyle News
Al Fahim bullish on UAE economic prospects

Al Fahim Holdings has unveiled a bullish growth strategy in the UAE and Bahrain, with 16 new stores due to open in the coming months.

The organisation has expressed its confidence in the strength of the UAE retail sector and has bought 305,273 square feet to house the new stores around the emirates.

Group chief executive Mohammed A R Al Fahim said that the leadership behind the growth of the UAE is a source of confidence and inspiration.

"We also believe that the UAE has strong and appealing fundamentals that will continue to make it a world-class destination for retail development," he added.

This is the largest expansion in the company's four-decade history and the chief executive also confirmed that it will be launching a recruitment campaign in order to man the new stores.

Paris Gallery, Al Fahim's flagship brand, recently won the Luxury Retailer of the Year Award at the Middle East Awards.ADNFCR-2019-ID-19201111-ADNFCR