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UAE’s Al Islami to Create 1000 Jobs with new Plant

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UAE-based food firm Al Islami Foods is planning to create 1,000 new jobs with a new factory in Dubai which will triple production levels when in opens in early 2015.

Al Islami announced the expansion plan as it reported an 8% year-on-year growth in sales for 2013, driven mostly by demand from new markets such as Iraq, Yemen and Libya, along with non-traditional markets such as Russia and CIS countries.

Al Islami said it is also exploring business opportunities in the Far East and is already in talks with potential partners in developed halal markets such as Malaysia and Indonesia.

The company, which last year revealed plans to build a new AED100 million (US $27.23 million) food processing facility in Dubai, also announced an annual profit of AED15.2 million (US $4.14 million) for 2013, up from AED9.2 million (US $2.5 million)  in 2012.

SOURCE: hoteliermiddleeast.com