UAE textiles factory to target European, US markets

Fujairah ruler opens largest textiles factory in the Middle East; creates 225 new jobs

A general shot shows construction sites in the Gulf emirate of Fujairah. (AFP/Getty Images)

A general shot shows construction sites in the Gulf emirate of Fujairah. (AFP/Getty Images)

The Middle East's largest textiles factory opened in Fujairah on Monday and will target markets in Europe and the US.

Sheikh Hamad bin Mohammed Al Sharqi, ruler of Fujairah, opened the United Textiles factory in the Fujairah Free Zone.

The factory was built at a total cost of AED225m, funded by the Fujairah government-owned Fujairah Investment Company and a number of investors from Azerbaijan, state news agency WAM reported.

Touring the factory's production lines, Sheikh Hamad praised the progress Fujairah Free Zone is currently witnessing.

"This factory is a significant addition to the existing facilities here which all serve as a boost to the emirate's economy," he said.

Sharif Al Awadhi, director of Fujairah Free Zone,  said the factory will provide 225 jobs.

It will operate at an annual production capacity of 10,000 metric tonnes of materials for textile industries in the GCC, Middle East, Europe and the United States, he added.

Related:
Companies
Join the Discussion

Disclaimer:The view expressed here by our readers are not necessarily shared by Arabian Business, its employees, sponsors or its advertisers.

NOTE: Comments posted on arabianbusiness.com may be printed in the magazine Arabian Business

Please post responsibly. Commenter Rules

  • No comments yet, be the first!

All comments are subject to approval before appearing

Further reading

Features & Analysis
How Ramadan has earned prime spot on Gulf fashion calendar

How Ramadan has earned prime spot on Gulf fashion calendar

From Dolce & Gabbana to Michael Kors, major brands are catering...

Saudi Arabia outsources airport operations

Saudi Arabia outsources airport operations

The signing last week of public-private partnerships to manage...

Sailing home: Barr Al Jissah creating luxury living in Oman

Sailing home: Barr Al Jissah creating luxury living in Oman

On a stunning tip of Oman’s almost-secluded coastline, local...

Most Discussed
sponsoredTracking