Yesterday, Elite Holding Group announced the signing of a Musataha agreement to establish an integrated center with a total area of one million square feet in Dubai Industrial City.
This new facility, worth 100 million dirhams, aims to enhance the growth of the automotive and e-commerce sectors, confirming Elite Group Holding’s commitment to promoting innovation within its diverse business portfolio.
The new project agreement was signed by Saud Abu Al-Shawareb, Executive Vice President of TECOM Group – Industrial Sector, and Tamer Abu Khalaf, a partner in Elite Holding Group.
This center, which is expected to enter into operation in the second quarter of 2026, will serve as a pioneering center for the operations of the “Elite Holding Group” that meets the needs of local and global markets.
Abu Al-Shawareb said that the automotive sector’s quest for continuous innovation contributes to advancing the economy, attracting investments, and creating new jobs that require the possession of specific skills.
He added: “Elite Holding Group’s investment in Dubai Industrial City confirms the growing confidence in the strong and prosperous business environment in the UAE and its ability to attract companies seeking to expand their business scope across the region.”
For his part, Abu Khalaf said: “This investment is a prominent step in our ambitious endeavor to expand the scope of our business within key sectors, and consolidate our position in this vital region,” noting that the integrated work environment in Dubai Industrial City supports the group’s vision for innovation and leadership in the industries that… Contribute to shaping the features of the future economy.
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