Page 8 - Al Tijarah - March 2021
P. 8

SAIF Zone enhances its attractiveness to

                         global companies by attracting the


       50                         TORRECID Spanish group

       SHARJAH ACTIVITIES
         The  Sharjah  Airport  International
         Free  Zone (SAIF Zone) has  signed a
         memorandum of  understanding  with
         the Spanish International  Group of
         TORRECID, which specializes in ceramic
         and glass solutions, products and services.
         The memorandum states  the leasing
         of  three state-of-the-art  warehouses
         stretching over  an  area of  20,000
         sq.  ft, making them  the  group’s first
         headquarters  not only in the  UAE but
         also in the GCC countries.

         The agreement was signed by Saud Salim
         Al Mazrouei, Director of SAIF Zone,
         and  Jose Nacher -  Branch  Director  of
         TORRECID,  in  a  ceremony held at
         the  headquarters  of the  free zone and
         attended by several senior officials from
         both entities.

         The  multinational  business  group,
         founded  in 1936,  aims to  expand its
         global operations, as it now operates in
         28 countries/areas around  the world
         with customers in more than 130
         countries, and it has  chosen  its  regional
         headquarters to be in Sharjah to serve as
         a key focal point in its operations towards
         the  markets of Asia,  Africa, Europe,
         America and Latin America.

         Saud Salem  Al Mazrouei said that the
         selection of the Spanish Group for Sharjah
         as its  headquarters  in the  region is  a
         clear indication of the emirate's prestige   and facilities provided by the SAIF Zone   segment of customers and consumers
         and reputation as an international and   to investors.               in this promising market. He pointed
         regional center of international trade                               out that  the operators of  the Sharjah
         and a boost to the emirate's investment   For  his part,  Jose  Nacher  -  Branch   International Airport  Free  Zone  have
         reputation under the  wise  leadership   Director of TORRECID, said that the   provided many facilities that have
         and guidance of His Highness Sheikh Dr.   selection of Sharjah in general and   accelerated their investment in the
         Sultan bin Mohamed Al Qasimi, Member   SAIF  Zone in  particular  as the  group's   region, considering that his  group is
         of the Supreme Council, Ruler of Sharjah,   headquarters in the region serves the   looking forward to a new and promising
         and confirms the  ideal  environment   strategic requirements and objectives of   stage of growth from Sharjah, which has
         provided  by Sharjah for  doing  business,   the TORRECID Group for expanding in   been preceded by its positive reputation
         competitiveness  and quality  of services   the global markets and reaching a new   to the international markets.
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