Tag Archives: DMCC

RTA Opens Centre At Al Qusais Metro Station


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Roads Transportation Authority (RTA) opens a Business and Legal Administration Centre at Al Qusias Metro station. – ‘Fixit Express’.

Fixit’s new centre will offer a range of business administrative services; including processing all kind of legal/ government applications such as Emirates ID, DEWA, Etisalat, e-Jari, RERA amongst others. In addition, it also offer visas processing, processing medical applications, works as a mediator between selected consulates and facilitates setting up of businesses within the UAE.

Jacob Philip, General Manager, Fixit Express said, “We are glad to open Fixit centre at Al Qusais Metro centre. Fixit has grown tremendously over the last year and transacted over 400,000 documents annually. Today we have 15 branches within UAE and plan to open 3 more within the first quarter of the year. Fixit is a trusted source for individuals and businesses to complete all legal and government related transactions efficiently.”

At the inauguration, Abdulla Yousef Al Ali, CEO of RTA’s Rail Agency said: “We are glad to have Fixit open a centre at Al Qusais metro, which will bring convenience to residents and businesses. Fixit offers legit and efficient business and legal administrative transactions.”

Fixit Express will open 3 more branches soon in Dubai – Dubai World Central, Jumeirah lake Towers and Bur Dubai.

Innovo Specialty Foods JLT set to create largest rice hub in MENA region


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H.H. Prince Mishaal bin Abdullah bin Turki bin Abdulaziz Al-Saud along with global private investor V Raman Kumar have engaged in a joint venture with India’s innovative rice producer, LEAF India (Lakshmi Energy and Foods Ltd), to create the MENA region’s largest hub for rice storage and distribution.

The JV, Innovo Specialty Foods JLT, created by an investment of AED 100 million, aims to set up a storage, processing, polishing and packaging facility with a capacity of over 100,000 tonnes of basmati rice during 2014. The ambitious plans will be delivered through Pan Gulf Foods and Industries FZ CO from the company’s Jebel Ali warehouse, which has been set in joint ownership, by H.H. Prince Mishaal, Mr V. Raman Kumar and LEAF India.

Innovo will market and distribute basmati rice processed and packed by Pan Gulf Food and Industries exclusively across the Middle East and North Africa. Innovo aims to sell 80 per cent of its products through large trade channel partners/ importers/ distributors. The balance will be distributed to wholesale/retail outlets within the GCC on a cash and carry basis from its JAFZA warehouse.

The shared vision of making Dubai a regional basmati rice hub has inspired H.H. Prince Mishaal,  V. Raman Kumar and LEAF India’s B.S.Uppal to create a conglomerate for storing, processing, packaging and distributing basmati rice in the Middle East region.

V. Raman Kumar commented: “Food security is clearly an immediate priority for the UAE and wider Middle East. The region is entering a new period of economic growth underpinned by a burgeoning population with a high dependence on imported food.

“This venture promises to add great value to strategies being discussed between Government and policy-makers at the World Food Security Summit this week. Our concept idea of creating this rice hub will aim to lend to and deliver food security objectives in the UAE. “

Currently, 20% of all UAE imports comprise of food items and 90% of food is imported but there are only 3 months of basic food items stored, so food security cover is not fit for purpose for the rapidly growing economy.

V Raman Kumar adds: “You would not think of Gulf states as a place where access to food was difficult as they have some of the highest GDPs in the world and they can easily meet their food needs but the Gulf’s geographical location and lack of water and arable land makes it difficult to produce an abundance of food. Importing up to 90 per cent of their food makes them extremely vulnerable

“The 100,000 tonnes of basmati rice capacity that we will create in Jebel Ali will be a giant step for this region to strengthen its food security strategy. We look to take this strategy to Saudi Arabia as well in the near future.  We believe that execution of a core food security strategy is essential to provide a sustainable growth platform.”

The fine, long grained, fragrant basmati rice is the leading imported food item into the Middle East. 70 per cent of world’s supply of basmati rice comes from India alone. The ever increasing demand for basmati rice has been primarily driven by Saudi Arabia, Yemen, Iran, Iraq and GCC countries accounting for over 4 million tons of basmati rice consumption every year.

Fixit Opens 11th Express Branch For Quicker Legal And Government Transactions


Inaugurated by Ahmed bin Sulayem, Executive Chairman of Dubai Multi Commodities Centre (DMCC); Fixit opens its 11th express centre at Almas Tower, DMCC. In line with HH Sheikh Mohammed Bin Rashid Al Maktoum, UAE Prime Minister and Vice-President, and Ruler of Dubai initiatives to offer more government services to citizens, residents and businesses electronically – Fixit has become a trusted source to process all legal, business, government applications quickly /effortlessly.

Fixit’s new centre will offer a range of business administrative services; including processing all kind of legal/ government applications such as Emirates ID, e-Jari, etc., visas, mediator between selected consulates, and setting up of businesses within the UAE, amongst others services.

In addition, Fixit Express eyes robust growth and aims to open more outlets and create further jobs by 2013. Established by an Emirati; Fixit will also hold internship and other opportunities for Emiratis to gain required skill sets and encourage them to work in the private sector.

Wassim Shammas, Operation Manager, Fixit Express said, “Fixit is a trusted source for individuals and businesses to complete all legal and government related transactions efficiently. The new centre will offer a quicker and faster reach for customers within the free zone. Acting as a key integrator for government / legal related transactions, we aim to offer more services in the future.”

At the inauguration, Ahmed bin Sulayem, Executive Chairman of Dubai Multi Commodities Centre said, “Established for over two decades, Fixit has become a trusted source for customers and companies. We are extremely pleased to have Fixit’s new centre within DMCC as it will enable quicker transactions and ease administrative procedures for businesses.”

Dhamani Jewels establishes Multi-Million Dollar facility at the JLT Free Zone, DMCC


Dhamani Jewels establishes Multi-Million Dollar facility at the JLT Free Zone, DMCC

Dubai, UAE; November 16, 2011: Dhamani Jewels, one of the region’s largest wholesalers of gemstones and diamonds and retailers of high-end diamond jewellery, has opened their global headquarters in Almas Tower, the iconic centerpiece of the Jumeirah Lakes Towers (‘JLT’) Free Zone. The opening of the modern 10,000 sq. ft offices on the 55th floor of the region’s tallest office tower coincides with the launch of Dhamani’s 4,000 sq.ft high- end diamond jewellery factory in the Dubai Multi Commodities Centre Authority’s (DMCC) Jewellery & Gemplex facility.

According to Amit Dhamani, CEO & Managing Director of Dhamani Jewels: “We chose Almas Tower to centralise our worldwide operations as it is today the hub of the international diamond and jewellery industry and provides high-tech facilities for jewellery companies with global aspirations. Our new offices are equipped with the latest technology to enable our team to manage our operations spread across the UAE, Thailand, Lebanon, Switzerland and India. The company’s new diamond jewellery factory will focus on producing very high-end bespoke jewellery of the best quality and exquisite craftsmanship. It will help us to cater more effectively and promptly to the needs of our discerning customers, especially during special occasions like weddings when time is of the essence.”

He added: “In our Almas Tower offices we also have special viewing rooms for our elite customers who place importance on privacy. They can select loose diamonds and gems of their choice and our team of highly specialized designers will create exclusive unique designs according to their preferences.”

Dhamani’s multi-million dollar modern new offices and factory at the JLT Free Zone are the largest by a UAE based jewellery company in the zone. The Dhamani diamond jewellery factory has an estimated production output value of USD 30 million per year.

Welcoming Dhamani Jewels to Almas Tower, Ahmed bin Sulayem, Executive Chairman of Dubai Multi Commodities Centre said: “We are extremely pleased to welcome Dhamani Jewels to the prestigious Almas Tower, home to DMCC, the Dubai Diamond Exchange and centerpiece of the Jumeirah Lakes Towers Free Zone. Dhamani Jewels has been a DMCC member since 2004 and since that time we have enjoyed a successful and mutually beneficial relationship. This relationship has further been strengthened by Dhamani being the exclusive distributor of the ‘Dubai Cut’ diamond.”

Dhamani Jewels holds the sole distributorship for the 99-faceted Dubai Cut diamond in finished jewellery and loose stones; and is the supplier of choice to many prestigious international jewellers for precious stones. The company sells its finest quality diamond jewellery through 14 fully owned boutique stores in Dubai.

Dhamani Jewels will open a new retail outlet in Abu Dhabi in 2012.

Million Dollar Hat by Dhamani Jewels


Dhamani Jewels, one of the region’s largest wholesalers of gemstones and diamonds also known for their high-end diamond jewellery, has created a million-dollar hat for Dubai’s racing season. The black colored straw and silk hat is covered with natural fancy coloured Diamonds – from intense Pink diamonds to light Pink diamonds and fancy Yellow diamonds. Also encrusted are Champagne coloured diamonds and fancy light Yellow diamonds. The beautiful combination of rare coloured diamonds creates a spectacular array of colours, adding more glamour to the racing season.

The hat was on display at a high profile evening hosted by Dhamani for its exclusive customers and business partners at Almas Tower in Dubai. Dhamani also displayed their latest collection of exquisitely crafted diamonds and coloured gemstones jewellery at the event.