Power 25 2021: Saud Abu Al-Shawareb, Managing Director, Dubai Industrial City, Ranks 17
Al-Shawareb has been with Dubai Industrial City (DIC) for 15 years and continues to deliver on the UAE’s vision to put manufacturing at the heart of economic growth and diversification.
Crucially, this includes new strategic agreements to build some of the region’s largest factories and elevate Dubai’s position as an attractive, competitive, and business-friendly global hub for talent, investment, and innovation.
The latest achievement saw Standard Carpets, the UAE’s largest producer and exporter of broadloom carpets, carpet tiles and artificial grass, break ground on a manufacturing plant. It will become one of the world’s largest carpet factories and the region’s biggest upon completion in 2023.
Al Barakah Dates has also confirmed plans to build the world’s largest privately-owned date factory in the business district. The solar-powered complex will cover 600,000 sq ft and process more than 100,000 tonnes of dates and date products annually.
Al-Shawareb also joined International Holding Company subsidiary Asmak in inaugurating an AED200 million fish factory. It will process more than 40,000 tonnes of seafood per year and supply companies such as Carrefour, Lulu Hypermarket and Kibsons.
Al-Shawareb also signed a strategic agreement with Sokovo this year to launch a state-of-the-art vertical farm that will grow ‘Made in UAE’ fresh kale, spinach, lettuce, tomatoes, strawberries and melons, supplying hundreds of hypermarkets, hotels and chefs nationwide.