Jaleel Holdings, a pioneer in the UAE’s wholesale sector, marks its 46th anniversary with the opening of its largest Cash and Carry outlet in the emirate.
Dubai, United Arab Emirates, (AETOSWire): Jaleel Cash & Carry, the region’s largest bulk buy outlet chain and a division of UAE-based leading investment company, Jaleel Holdings, opened its largest store in Ras Al Khaimah. This is the tenth outlet of Jaleel Cash & Carry wholesale chain.
Mohammed Al Mahmoud, Director of Business Development, Department of Economic Development – RAK, inaugurated the new outlet in the presence of Jaleel Holdings Managing Director – Sameer K Mohamed, Director – Dr. Zakir K Mohamed, General Manager Shihab V and other dignitaries.
The 20,000 square feet outlet is located in Al Qusaidat, close to Nakheel roundabout, in the heart of Ras Al Khaimah. The parent company, a pioneer in the UAE’s wholesale sector, marks its 46th anniversary by opening the Cash and Carry outlet in the emirate.
Commenting on the opening of the new outlet, Sameer K Mohamed, Managing Director of Jaleel Holdings, said, “We are pleased to open the second Cash & Carry store in Ras Al Khaimah and the tenth in the UAE. This is a proud moment for us to launch the innovative model of our business at a place, where our chairman started his journey nearly five decades ago. We are committed to the regional market with further growth plans to expand our footprint on a larger scale.”
“In the UAE’s wholesale sector, Jaleel Cash & Carry stocks the widest choice of FMCG products, world-class brands at the fairest margins for the customers. The new outlet is expected to become a major player in the emirates’ wholesale sector. We will continue focusing on the Cash & Carry format as we are very happy with the way it has shaped up in the last few years. As part of our growth strategies, we are constantly increasing our product range and ensuring cost efficiency on our existing offerings to distribute the highest quality products,” he added.
Jaleel Cash & Carry has revolutionized the wholesale market in the region and anchors more than 9,000 happy B2B customers. The company is the largest organized wholesaler stocking more than 6,000 products in both food and non-food comprising of categories like fruits, vegetables, rice, pulses, beverages, confectionary, detergents, cleaning supplies, household goods and other FMCG items, to name a few.
Jaleel Cash & Carry predominantly caters to HORECA – Hotels, Restaurants, Cafeterias and caterings – and the supermarket or grocery segment. This is in addition to supplying foodstuff and other product lines to more than 100 government entities and educational institutions.
Jaleel Cash & Carry is currently developing its biggest facility, spanning over an area of 400,000 square feet, at an investment of AED 100 million at Dubai Wholesale City (DWSC), the region’s largest fully integrated wholesale hub. The company is certified by HACCP (Hazard Analysis & Critical Control Points) for implementing the highest level of food safety management system in the UAE.
Jaleel Holdings is one of the largest FMCG wholesale companies in the region, with a number of locations spread across the UAE. Jaleel Holdings’ consistent growth in business has brought in remarkable changes over the years. Quality, consistency and sustainability are the hallmarks of its value system that has been cascaded across the organization at all times. The company streamlined its operations to create a high level of efficiency that delivers a number of brands and products in the quickest possible manner to its customers at the lowest cost; and ensures competitive prices and freshness of the products.
About Jaleel Holdings
Founded by Mr. MV Kunhumohamed, the Group’s humble journey began from its first fruit wholesaling store in Dubai’s Deira market in 1972 and later emerged as a major player in the UAE’s general trading sector. The company expanded into trading of various other products and other businesses in the subsequent years. In 2008, these businesses were brought under the umbrella of Jaleel Holdings.
Headquartered in Dubai, Jaleel Holdings is now an AED 1.3 billion top line company with strong presence in trading and distribution of fast moving consumer goods (FMCG). Jaleel Holdings has a stake in Jaleel Cash & Carry (the largest FMCG wholesaler in the UAE), Jaleel Distribution, J Mart supermarkets, Jaleel Foodservice, B & J Trading, Al Jaleeb Trading and Orbex General Trading. Jaleel Distribution is a significant component of Jaleel Holdings, offering a high degree of personalized service to the region’s most prestigious customers including leading hypermarkets, supermarkets, groceries, convenience stores, hotels, restaurants and other institutions.
Jaleel Cash & Carry has revolutionized the FMCG wholesale market in the region. Jaleel Holdings introduced the popular cash-and-carry concept of the European and US markets in the Gulf with due consideration to the unique characteristics and requirements of the region. Jaleel Cash & Carry offers a wide range of assortment across various categories like fruits, vegetables, rice, pulses, beverages, confectionary, detergents, cleaning supplies, household goods and other FMCG items. For more information, please log onto www.jaleelholdings.com