Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

GRM opens Dh25 million storage solutions facility at DWC  Join our daily free Newsletter

MENAFN - Khaleej Times - 11/01/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Glenbeigh Records Management (GRM) officially opened its Dh25 million facility at Dubai World Central (DWC) on Thursday in the presence of Shaikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Aviation City Corporation, and Irish Prime Minister Enda Kenny.

The event took place during the Enterprise Ireland Trade and Investment Mission to the Kingdom of Saudi Arabia, Qatar and the UAE.

"The UAE and Ireland have excellent business relations and what makes our partnership with Glenbeigh even more significant is that it represents a decisive step towards strengthening business and economic ties with Ireland as a whole. We aim to encourage more Irish enterprises to discover the wealth of opportunities that await them in DWC, Dubai and the whole of the UAE," said Shaikh Ahmed, who is also President of Dubai Civil Aviation Authority, and Chairman and CEO of Emirates airline and group.

The firm has invested Dh25 million in a 70,000 sq ft, purpose-built facility located in DWC, designed and built by its sister company Glenbeigh Construction. The site offers latest storage solutions and advanced security systems guaranteed to protect corporate information assets.

Philip Earle, founder and chairman, Glenbeigh Group, said: "We are very pleased to continue our international growth with the official launch of our Dubai operations.''

Commenting on the impact the UAE location will have on local and international employment, Earle added: "We expect to see significant growth in revenue over the next few years, enabling the company to create jobs for the local Emirati population, as well as generate an anticipated 25 jobs in Ireland as a result of our Middle East expansion. We have already been able to hire a number of new Irish employees across the wider Glenbeigh Group who have been involved in the design and construction of the DWC facility and we look forward to further developing ties between the two countries."

Speaking at the official opening of Glenbeigh's new headquarters in Dubai, the Taoiseach Enda Kenny said: "It is very exciting to see an Irish company like Glenbeigh Records Management achieve so much in such a competitive market. This company continues to impress and grow their business, expanding their client base and broadening their market reach. I greatly welcome their success and their commitment to creating new jobs in Ireland. I extend every good wish to them for continued success."

"Dubai World Central is a vital component for the long-term social and economic development of the emirate. Being chosen as the venue for Expo 2020 has further enhanced its position as an integrated global city providing strategic links with the international markets. The partnership with Glenbeigh Records Management will enable them to tap into the region's growing trade and business, and will find several opportunities not only with the companies establishing their base at DWC but even beyond," said Khalifa Al Zaffin, executive chairman, Dubai Aviation City Corporation.

"Part of DWC's well planned strategy is to attract innovative companies to establish their regional operations here. Glenbeigh Records Management's presence here affirms this commitment, and its new facility will definitely open up many new and exciting possibilities for them to offer their unique services in this growing region," said Rashed Bu Qara'a, Chief Operating Officer, Dubai Aviation City Corporation.

Speaking on the trade mission, Irish Minister of Job, Richard Bruton TD, concluded: "This announcement by Glenbeigh is very welcome and shows what is possible for Irish companies in this region. This is a highly innovative Irish firm expanding in the region, resulting in major growth for the company and jobs in Ireland. I wish them every success with this project."

 


Khaleej Times




  MENA News Headlines
 Jan 28 2015 - DIB picks arrangers for potential Tier 1 sukukKhaleej Times
(MENAFN - Khaleej Times) Dubai - Dubai Islamic Bank, or DIB, said on Tuesday that it picked eight banks to arrange roadshows from January 8 for a potential benchmark size dollar-denominated sukuk ...

 Jan 28 2015 - What next for Londonium and Barclays?Khaleej Times
(MENAFN - Khaleej Times) I have tried to visit Britain on the eve of every general election since the end of the Thatcher era (by Tory regicide, not the ballot box) in November 1990 in search of ...

 Jan 28 2015 - Emirates NBD - holding the banking fortKhaleej Times
(MENAFN - Khaleej Times) The banking industry looks set to sustain positive trends this year due to strong macroeconomic economic indicators, sufficient liquidity and low interest rates in the ...

 Jan 28 2015 - China pumps cash into banks in a bid to accelerate growthKhaleej Times
(MENAFN - Khaleej Times) Beijing - China's central bank has bolstered support for the cooling Chinese economy by injecting another 50 billion yuan ($8.1 billion) worth of short-term loans into banks ...

 Jan 28 2015 - Union National Bank posts 16% jump in annual earningsKhaleej Times
(MENAFN - Khaleej Times) People walking past a Union National Bank branch in Dubai. The total assets of the UNB Group increased by seven per cent in 2014 to Dh93.5 billion as at December 31, 2014. - ...

 Jan 28 2015 - Gulf Arab countries may need to rethink policy: Qatari bankerKhaleej Times
(MENAFN - Khaleej Times) Dubai - Gulf Arab oil states may need to rethink longstanding economic policies, including their fixed exchange rates, over the next five to 10 years as economic cycles in ...

 Jan 28 2015 - GCC retail sector on growth pathKhaleej Times
(MENAFN - Khaleej Times) Dubai - GCC retail sales are expected to grow at a 7.3 per cent compound annual growth rate (CAGR) between 2013 and 2018 to reach $284.5 billion, according to Alpen ...

 Jan 28 2015 - Dubai International airport crowned as world's busiestKhaleej Times
(MENAFN - Khaleej Times) The airport's passenger numbers boosted by 6.1 per cent to 70.5 million in 2014 and pushed the Heathrow down to the second position as London's top airport handled 68.1 ...

 Jan 28 2015 - Sharjah's Dh17.7b budget to ensure economic upliftKhaleej Times
(MENAFN - Khaleej Times) Sharjah - His Highness Dr Shaikh Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, on Tuesday approved the 2015 general budget of the emirate ...

 Jan 28 2015 - MAF earnings jump 10% plans to double businessKhaleej Times
(MENAFN - Khaleej Times) Dubai - Majid Al Futtaim, or MAF, the Dubai-based shopping mall, retail and leisure conglomerate, announced on Tuesday plans to double its business within five years after ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help