Al Aroud Group announced on Tuesday investment of Dh200 Million into the food and beverage industry in UAE and Mena region through its specialised arm ‘Dynamic Hospitality’.
The move into the FaB market will enable the group to leverage growth opportunities present with the global F&B industry which is set to cross $7 trillion by the year 2014 on global scale.
Saleh Al Aroud, Chairman, Al Aroud Group, said: “Today’s announcement comes in line with our strategy to diversify our business portfolio into other promising industries. The F&B business in the UAE seems to be very promising, especially when delivering new concepts, and first of its kind experience to our guests.”
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