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MENAFN - 09/03/2014
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(MENAFN) UAE-based retail electronics giant Jumbo Group announced that it plans to expand its engineering and B2B businesses as well as its retail footprint in the GCC, #India and Iran, Arabian Business reported



The group's CEO said following an unfavorable business analysis which put plans for a food and beverage franchise venture on hold, the firm is to see out new opportunities for its existing ten-year-old subsidiary




"I see that - in another three years' time - to be a significant part of our portfolio," the CEO said. "I see that - in another three years' time - to be a significant part of our portfolio.



Jumbo Engineering and the B2B business comprised 15 percent of Jumbo Group turnover

 
 


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