Our vision to become a partner of choice for businesses marked with growth potential in the industrial sector has mapped our route to growth and development since 2005. Partnership is a keyword we value at EII, it encompasses all what we strive for, from alliance to expansion to reserving position in the leading edge of manufacturing sector.
In spite of turmoil witnessed in 2009, EII proved to be transparent about its strategy whereby it took decisive initiatives which sustained the portfolio’s value and protected it against erosion. Most of our subsidiaries closed 2009 achieving positive bottom lines aligned with their budgets and they succeeded in adopting restructuring programs through various aspects starting with strategy down to product delivery.
We at EII have set the grounds and framework to install corporate governance at all subsidiaries level and are always keen on playing a role in introducing industrial best practices to partners.
As Emaar Properties our parent company is clearly crafting its strategy by diversifying its operations internationally; a move that had by far the supreme impact on allowing the company to emerge strong out of the crisis; EII and subsidiaries have taken lead to expand their geographical presence into new emerging territories such as Saudi Arabia, Egypt and other MENA countries in an aim to diversify income source and mitigate risks associated with Dubai’s operations.
We still hold a strong belief in the industrial sector despite recent market situation. The industrial sector remains one of the pillars in UAE and GCC’s economy, and the UAE as a whole has been investing heavily in its industrial manufacturing sector in a move to diversify the economy. Although the outlook for investments is challenging, nonetheless, history and experience has proven that opportunities are always there.By relying on our strong network and leveraging on the overall Emaar brand we aim at strengthening our competitive position both locally and regionally. Moreover, the value-added by our team of professionals and the shared belief and vision with all our stakeholders compel us to operate towards becoming the first choice to industrial companies and projects seeking partners.
Mohammed Saeed Al Raqbani
Chief Executive Officer
Emaar Industries & Investments
