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Wednesday, January 13, 2010

Sponsorship of Dubai Shopping Festival 2010 Announced by Al Rostamani Group

The Al Rostamani Group is one of the most prominent and leading business entities in the Middle East region which has once again set the sponsorship of the shopping festival in Dubai this year in 2010. The shopping festival this year will celebrate its fifth edition. Since 1997, this group has been a key sponsor and it is one of the oldest business units in the United Arab Emirates. The group was founded by in 1957 by the Chairman Abdulla Hassan Al Rostamani and has steadily grown over last 50 years.

The group has diversified their portfolio in terms of business including heavy equipment, trading, foreign exchange, travel, infrastructure development, IT services, telecommunications and a lot more. The Chairman of the Al Rostamani Group Mr. Marwan Abdulla Al Rostamani said, “Dubai Shopping Festival, launched in 1996 through the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister, and Ruler of Dubai, was an exceptional initiative to enhance the economy in general and the retail and tourism sectors in particular. Over the years, this initiative has marked many milestones to become one of the recognized festivals in the world.”  

The Rostamani Group has become successful due to their joint ventures, capability to build longstanding alliances and with license agreements with worldwide organizations including Renault, Tata, Blue, Avaya, Suzuki to name a few. These relationships have been carefully carried out since then keeping in mind their relationships with the people in the UAE. The Chairman of the group further said, “Al Rostamani Group’s sponsorship of DSF is part of our continued commitment towards this unique event, supporting the government’s initiative in positioning Dubai as a leading city in the world today.”

With an employee base of about 4000 the group fosters and the diversity is strengthened and spread across the globe.

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