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26 April 2024

Alif in Dh100m expansion drive

Mr. Mohammad Naseem, COO, Meat One, Saeed Anwar, Mr. Muhammad Arif Abdul Aziz , Chairman, Alif Investments, Mr. Asif Jabbar, Director & Group CEO, Alif Investments and Inzamam Ul haq at Press conference . (SUPPLIED)

Published
By Waheed Abbas

Dubai-based  Alif Investments is investing Dh100 million on expansion and will soon foray into packaging foods in the UAE, a senior official said.

Muhammad Arif Abdul Aziz, Chairman of Alif Investments, revealed that the group has embarked on an investment programme of Dh100 million to establish an industrial butchery an industrial kitchen for food packaging and to branch out food retail outlets across the UAE and the Gulf.

The group – which invests only in Shariah-compliant sectors – is foraying into food packaging business and is setting up an industrial butchery process unit with an investment of Dh10 million.

The group will supply its packaged food under the brand of Khan Sab to supermarkets and hypermarkets in the UAE and later export it to the neighbouring Gulf countries, Aziz told Emirates 24l7 on Wednesday.

As part of its expansion drive, Aziz aims to take all of retail food brands across the border, beginning with Saudi Arabia, Qatar and Bahrain opening five outlets in each country.

The chairman was speaking to announce six new outlets of its fast food brand Emly & Chilli, J dot boutique and Meat One – the newly-launched concept meat store.

Meat One – which has nine stores in Pakistan – is a partnership with former Pakistani cricketer Saeed Anwar and ex-captain Inzamam-ul-Haq. Both the former cricketers also attended the press meet in Dubai on Wednesday.

“We are not just going to stop here, we as a group are geared for the achievement of a larger vision in coming years. We will keep focusing on our retail in F&B divisions and plan to open many more outlets in the next 5 years,” he said.

For its Meat One outlets, the group will initially import food stuff from Pakistan and later resource from India, Kenya, Brazil and Australia.

Alif Investments has divisions in six core sectors of manufacturing, hospitality, fashion, electronics, real estate, and writing instruments.