Emirates-Arab Luxury Brands acquires stakes in Emirati start-ups to support them...

Emirates-Arab Luxury Brands acquires stakes in Emirati start-ups to support them...
Emirates-Arab Luxury Brands acquires stakes in Emirati start-ups to support them...
Source: (MENAFN – Al-Bayan)
  • Abu Dhabi – Al-Bayan

Date: October 10, 2020 The Arab Group for Luxury Brands announced the acquisition of strategic stakes in a number of emerging Emirati companies, in order to support and help them grow and expand, and to open the way for them to market their products and goods regionally and globally.

Marwan bin Yusuf Al Serkal, founder and CEO of the group, said, “We welcome the first batch of talents and innovators who are in charge of these emerging projects, as they will form the core of the group’s business in the fields of food, fashion, accessories and perfumes, praising the talent and creativity that these people have in the fields in which they work. Where the Arab Group of Luxury Brands will provide them with material and moral support and care and use the best marketing and promotion methods to introduce the UAE brands and brands in the regional and global markets, and the first of these markets will be the Gulf markets.
Al Serkal revealed that the first batch that joined the group will develop its business and establish regulatory and marketing frameworks to promote it, and provide all support and care to it to ensure its success and expansion in the local, regional and global market.

Al Serkal stated that the group is about to include more luxurious Emirati and Arab brands under its umbrella, explaining that the group seeks to adopt and acquire projects in the fields of fashion, jewelry, cosmetics, accessories, perfumes, shoes and other luxury goods that it manufactures and creates and designs for the people of the Emirates, Gulf countries and Arab countries. These projects will be launched and incubated and pushed for expansion, growth and regional and global spread.
The founder and CEO of the group stressed the importance of caring for and supporting the owners of ideas, creativity and innovation, whether citizens of the Emirates, Gulf countries and Arab nationalities in the field of design and development in order to launch luxury brands that can compete regionally and globally, explaining that the group is interested in developing their skills, developing their capabilities and providing the ideal environment for them to creativity And innovation in this vast and large field, in which investments are estimated at billions of dirhams.
Al Serkal said: “The presence of our Emirati products and goods in foreign stores and shopping centers will make us proud of our success in entering these markets and proving our Emirati, Gulf and Arab capacity to compete and innovate, and that we are able to manufacture and export products with high specifications in terms of quality, quality, design, coordination and methods Marketing. ”

The founder and CEO of the Arab Group for Luxury Brands emphasized that there are many opportunities to acquire existing local companies that manufacture luxury goods and products or launch new brands in a number of products by adopting Emirati, Gulf and Arab talents and innovators in this regard, explaining that the designs, quality and quality with which the products are made Arabic is different from its global counterpart, and it has received the attention and acceptance of foreign shoppers.

Al Serkal said: “We are interested in investing in the field of luxury brands, and we will endeavor to support and nurture creative people who have interests in design and manufacturing to be able to create products with international specifications through which we can grow, spread and expand. Through our work, we will be able to create new job opportunities that keep pace with the new generation, discover our Arab talents, develop capabilities, and create new ideas in the areas we target. ”

He added: “The UAE has witnessed the launch of a number of successful business models that have achieved great fame and wide spread, and the country has been keen to embrace talents and creative ideas, making its projects reach the world, which attracted foreign companies to discuss opportunities for cooperation and partnership with these projects or to acquire them. Therefore, it can be said that the UAE is a suitable environment and a safe haven for those with ambitious dreams in order to launch their businesses and achieve growth and expansion. ”

He concluded by saying: “The door is open to include more emerging companies and new projects in order to adopt their business and support them for expansion and spread, as these people can communicate with the group directly to review their projects and discuss opportunities for joint cooperation.”

2X Design

Maitha Bint Suleiman, co-founder of the company “2X Design” specialized in luxury clothes, said: “During one of the sessions with my husband, as a full-time woman with housework, I suggested to him to open a project of our own, and told him my desire to work in the field of design and fashion, as she presented a number of models to My husband, who discovered this talent in me, and provided me with the necessary support to develop my talent, as I opened a small workshop, and implemented a number of designs that fit the Emirati taste. The capital is Abu Dhabi and the rest of the state. ”

She stated that she joined the umbrella of the Arab Group of Luxury Brands to provide support and encouragement to her, and to assist in the growth and expansion of the group’s experience, explaining her interest in displaying the fashion that the company makes in exhibitions and shops where it enjoys high quality and is admired by girls and women.


On her part, Maitha bint Ahmed, owner of the “Nevin” women’s fashion brand, said: “I am delighted to join the Arab Group of Luxury Brands, and to sign a partnership agreement with it to enable me to grow in my business and promote women’s fashion that he produced and designed, thus making the brand achieve the desired popularity locally, regionally and internationally.” .

Bint Ahmed added: “I was passionate about design and the feminine side, besides design and photography, as I joined the” Asmond “Fashion University, and learned the methods of fashion design, designs and coordinating colors, fabrics and materials, and I will work in cooperation with the Arab Group for Luxury Brands to develop our business with the use of luxury fabrics. From Spain and France, where I sought to create a local brand with a global vision while preserving the Emirati identity that I cherish.
“I joined the group to benefit from its experience in regional and international markets, as well as marketing and promoting products, and to devote myself to the creative side, and to give my business an added value,” she added.


Amna Bint Ibrahim, the founder of the “Feather” beverage brand, said: “I had an ambition to launch my own business, and I went into the beverage field by creating 6 cold drinks” Mojito “and the salted caramel project, which I produce exclusively personally, and started working and marketing through communication platforms. Social, as it won the admiration of customers who communicate. “
Bint Ibrahim added, “My joining the Arab Group of Luxury Brands is an important occasion to adopt my project, and to provide support for it by providing beverage products that I manufacture in shops, malls and restaurants.”


On her part, Maryam Bint Musabah, Director of Al-Khumrah Abaya and Home Accessories Company said: “I consider my joining the Arab Group for Luxury Brands as a beginning of expansion and launch, especially since I founded the company 10 years ago. Social media, and I hope, through my cooperation with the group, to expand and display my products in stores and trade fairs, and strive to innovate and create more products that have met with acceptance, admiration and confidence among the public. ”


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