Grand Stores to set up operations in Dubai Investments Park

DIP is a mixed-use industrial, business, residential and recreational development in Dubai, spread over a 3,200-hectare site.

Jamal Awad, Deputy Managing Director, Grand Stores, said, 'DIP is one of the most significant projects coming up in New Dubai. The fact that the Park is situated close to the Jebel Ali port and the upcoming Jebel Ali airport makes it the ideal venue for us to base our new facility in, as it allows us to speedily receive goods from the port.'

'More importantly, the strategic location of the Park ensures easy access to Abu Dhabi, Dubai and other emirates, facilitating prompt distribution of our products throughout the UAE,' Jamal said.

Established in 1981, Grand Stores has grown into the premier wholesale and retail trader in the UAE, with the head office in Dubai and branch office in Abu Dhabi. Grand Stores holds distribution rights for an array of world-class brands in diverse sectors, including photography, perfumes and cosmetics, linen, luggage, gifts and watches, and dinnerware.

'The state-of-the-art infrastructure facilities and the various incentives offered are fast turning DIP into the most preferred regional investment destination,' said Khalid bin Kalban, Managing Director and Chief Executive Officer, Dubai Investments. 'We are pleased to welcome Grand Stores to the growing list of high-profile companies which have decided to set up operations in DIP.'

'DIP is committed to provide the most enabling environment for companies to establish their business here, and help turn the Park into a world-class business zone,' bin Kalban added.

DIP, the only business zone to be launched by the private sector in the Middle East, offers investors pre-serviced sites, world-class infrastructure, state-of-the-art facilities and quality services for manufacturing, housing, academic, research, distribution and logistics purposes.