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Tue 14 Jun 2005 04:00 AM

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Al Ghurair publishing invests US$136 million in International Media Production Zone

Al Ghurair Printing and Publishing House is spending US$136 million to build a massive new facility covering one million square feet at the International Media Production Zone (IMPZ) in Dubai.

Al Ghurair Printing and Publishing House is spending US$136 million to build a massive new facility covering one million square feet at the International Media Production Zone (IMPZ) in Dubai.

The printing firm had originally planned to take a plot of 500,000 square feet of land at the site, but recent growth has forced it to acquire extra land. The company, which prints titles such as Asharq Al Awsat, Emirates Evening Post and Arabian Business magazine, will begin construction at the IMPZ once the formal agreement has been finalised.

“Having outgrown our current location, this is the ideal time to move our operations to an expanded facility in IMPZ. We foresee tremendous potential for further growth in this new free zone,” said Khalid Al Ghurair, managing director at Al Ghurair Printing and Publishinng House. “Moreover, it makes perfect sense for us to be within a cluster of printing and publishing companies, so that we can effectively utilise available resources, and harness synergies in order to serve our clients better.”

Started in 1978, the printing and publishing house is one of the highest-capacity media production companies in the region, producing various publications such as newspapers, books, and magazines, as well as telephone directories and packaging material.

“We are very proud to have one of the region’s pioneering media production companies join IMPZ. Their vast experience and market know-how will positively contribute to, and significantly enhance the business community at IMPZ,” said Mohammed Binghalib, director of the IMPZ.

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