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News & Updates<br />
NAFL REVIEW<br />
Mohebi marks<br />
85 years in<br />
business<br />
CONGRATULATIONS! His Excellency Ahmed Mahboob Musabih, left, Director General of Dubai<br />
Customs, and Eng. Mahmood Al Bastaki, right, CEO of Dubai Trade, present Ms. Nadia Abdul Aziz,<br />
President of the National Association of Freight & Logistics, with an award at the first ever held<br />
Dubai Trade Strategic Partners Appreciation Ceremony designed to recognize its industry partners.<br />
The event was held on <strong>December</strong> 19, <strong>2016</strong> at Dubai Trade.<br />
Jafza's automotive & spare parts<br />
sector trade valued at $5 billion<br />
Jebel Ali Free Zone (Jafza), Dubai and the<br />
UAE's flagship trade and logistics hub for<br />
the Middle East region including West<br />
Asia, the CIS, Africa and the Indian<br />
Subcontinent announced its participation<br />
in Auto-mechanika Frankfurt <strong>2016</strong> held in<br />
Germany.<br />
Jafza highlighted the Middle East and<br />
Africa's rapidly growing automotive<br />
markets at the international trade fair for<br />
sector parts, equipment and service<br />
suppliers.<br />
Sultan Ahmed Bin Sulayem, Group<br />
Chairman and CEO of DP World and<br />
Chairman of Ports, Customs and Free<br />
Zone Corporation, said: “The automotive<br />
sector in the Middle East and Africa (MEA)<br />
continues to post impressive growth rates<br />
with international brands keen to be a part<br />
of this success by increasing their<br />
footprint across the region. According to<br />
Frost & Sullivan, total light vehicle sales in<br />
the Middle East are estimated to reach 4.4<br />
million by 2020 compared to 3.2 million in<br />
2015.<br />
“This provides major opportunities for<br />
European multinationals in the auto<br />
sector and we encourage other majors in<br />
Europe to come to Jafza to take<br />
advantage. Jafza is the only regional<br />
trade and logistics hub in the world which<br />
is located between a world-class seaport<br />
and an international airport.”<br />
Ibrahim Mohamed Al Janahi, Deputy CEO<br />
and Chief Commercial Officer of Jafza,<br />
said: “The automotive sector is one of the<br />
most dynamic and innovation driven in<br />
Jafza. The free zone is currently home to<br />
over 620 automotive companies which<br />
includes global names such as Honda,<br />
Nissan, Ford, GM, Daimler & Chrysler,<br />
Caterplllar, Mobis and Schaeffler among<br />
o t h e r s . J a f z a A u t o m o t i v e s e c t o r<br />
generated trade worth $5 billion in 2015.”<br />
According to firm Frost & Sullivan,the<br />
number of vehicles on the roads in the<br />
Middle east and North Africa is forecast to<br />
rise to 44.5 million in 2020.<br />
This growth is expected to drive demand<br />
for parts and accessories with sales in<br />
2020 projected to reach $17.2 billion<br />
compared to $12.98 billion in 2015. Jafza<br />
is currently home to over 7,000<br />
businesses including more than 100<br />
Global Fortune 500 enterprises.<br />
Over three generations ago, Baqer Mohebi<br />
opened his first store in the old Dubai Souk<br />
in 1931. He created jobs, invigorated the<br />
local market and set the benchmark for a<br />
family business that, with his son Zainal<br />
Mohebi at the helm, has grown and<br />
prospered alongside Dubai's own<br />
evolution.<br />
Today, as Zainal Mohebi Holdings (ZMH)<br />
prepares to celebrate its 85th year in<br />
business, CEO Mohammed Mohebi<br />
continues this robust legacy with his team<br />
and family. New facets are being added to<br />
the business models, ensuring that Mohebi<br />
remains a well-respected and forwardlooking<br />
Emirati business enterprise.<br />
F o r e m o s t a m o n g t h e s e a r e t h e<br />
preparations of the new corporate<br />
headquarters and warehouse facilities in<br />
Dubai South that will bring the entire ZMH<br />
family under one roof.<br />
In parallel, the organization is implementing<br />
a r e g i o n - w i d e M o h e b i L o g i s t i c s<br />
educational program involving UAE<br />
universities, academies and government<br />
sectors. It will offer young UAE Nationals the<br />
opportunity to gain a degree and work in the<br />
fi e l d o f p r o d u c t l o g i s t i c s , w h i l e<br />
understanding its challenges and<br />
embracing its opportunities.<br />
COO Phil Showering is spearheading the<br />
initiative for Mohebi Logistics and explains<br />
the practical aspects: “We're working with<br />
various universities and academia to shape<br />
a degree course in Export Logistics. This<br />
will cover industry best practices, the<br />
unique aspects of the GCC markets and the<br />
integration with global markets. Internship<br />
placement will be one of the core<br />
modules.”<br />
In addition, Mohebi Logistics, an affiliate of<br />
the Zainal Mohebi Holdings, is due to move<br />
i n t o t h e G r o u p ' s n e w c o r p o r a t e<br />
headquarters and main warehouses in<br />
D u b a i S o u t h b y 2 0 1 7 . T h i s n e w<br />
development, doubling its storage capacity,<br />
will make Mohebi Logistics one of the<br />
largest FMCG Logistics companies in the<br />
Middle East.<br />
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