Ajay Harinath Singh Greatest Brand Leader 2018-2019

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H. E. Saud Salim
Al Mazrouei
Giving a Major Thrust to Global Trade & Investment
Supported by a strong background in business management and
IT, H.E. Mr. Al Mazrouei is an entrepreneur par excellence who has
transformed the Hamriyah Free Zone (HFZ) and Sharjah Airport
International Free (SAIF) Zone into world famous, sprawling business
hubs of 13000 investor companies from 157 countries
A Pioneer with Futuristic
Vision
One of the youngest directors and a
pioneer in the field, H.E. Mr. Al Mazrouei,
a great visionary, has proved himself as a
great inspiration for the budding young
entrepreneurs in the UAE and abroad. By
virtue of his insightful observations, he
recognised the potential and importance
of Free Economic Zones which are
located strategically to provide an easy
access to countries all around the world.
He also realised that without a strong,
effective and supportive infrastructure,
any remarkable economic development
is not possible.
H.E. Mr. Al Mazrouei has been paying
special attention to the development
of utility networks, namely, road
networks, installing round the clock
facilities for regular supply of power,
water and electricity, setting up vital
warehousing infrastructural facilities
for storage of manufactured goods,
and air conditioning of complexes and
residential apartments for workers,
officials, visitors and corporates. H.E.
Mr. Al Mazrouei’s mission is to consult
with government agencies and select
reliable clients who can provide the
right logistics support for infrastructural
development.
Exploring New Business
Avenues
H.E. Mr. Al Mazrouei ceaseless efforts
have made industries like food, maritime,
petro-chemical, construction, and
commerce flourish consistently. Further,
he has been concentrating his energies
in areas of logistics, aviation, perfume
production, textiles, garments, and most
importantly, warehousing. He has been
working tirelessly to attract corporates to
set up new industries in Sharjah.
To tap into the positives of white oil, he
bought India’s biggest company dealing
in white oil (a bye-product of petroleum,
used to lubricate power transformers). It
is a testimony to H.E. Mr. Al Mazrouei’s
farsightedness since white oil from India
is now exported by his company not only
to Sharjah’s neighbouring countries but
also to Africa, thus bringing in massive
amount of foreign exchange to the
company’s coffers.
An Astute Corporate
Strategist
H.E. Mr. Al Mazrouei’s focus is not only
on trading- buying and selling. His main
aim is to develop the free zones into
greatest industrial hubs for local and
global companies. For this purpose, he
has been encouraging and promoting
bilateral relations not only with his
clients but also with the concerned
governments.
Demonstrating a forward-looking
outlook, he has been constantly striving
to build and accelerate the growth of
subsidiary businesses like the UAEbased
factory to manufacture steel
barrels. Around one billion barrels
are manufactured annually to help
60+ petrochemical enterprises get
an alternative for easy storage. Such
strategic decisions by H.E. Mr. Al
Mazrouei have led to an unprecedented
growth in the industrial development.
Transforming Sharjah into
a Gateway to the world
The secret to exceptional success story
of H.E. Mr. Al Mazrouei’s ventures
lies in the incentives offered to the
entrepreneurs in order to sustain
market competition which has proved
very helpful in creating ease of business,
for example, quick simple procedures
for registration, 100% foreign ownership
businesses, 100% import-export tax
exemptions and many others.
Thanks to his wide ranging economic
initiatives in Sharjah, the zone has
become a gateway for GCC markets
with further access to the Middle-East,
South-East Asian and African markets.
“By virtue of his
insight, he recognised
the importance of
Free Zones, which are
located strategically to
provide an easy access
to countries all around
the world”
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