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Devotees attend a huge Iftar party in Dubai.
“Gulf Today” staff reporter
Al Haramain Group, the UAE’s leading fragrance manufacturer and retailer, hosted the UAE’s largest iftar dinner for 5,000 people, celebrating the commercial success of its network of 120 stores in more than a dozen countries and exports of its UAE-made products to more than 70 countries.
The prestigious Iftar event, attended by more than 5,000 guests, was a testament to Al Haramain Group’s ongoing commitment to fostering community spirit and sharing joyful moments with its valued customers and partners.
The event is not only a celebration of Ramadan, but also an opportunity to showcase the company’s latest products and thank loyal customers for their continued support.
“We are extremely proud of Al Haramain Group’s tremendous success in the UAE, which is testament to our unwavering commitment to excellence and innovation. As we host this grand Iftar party, we extend our gratitude to our loyal customers and partners A heartfelt thank you, they have been an integral part of our journey. This milestone reinforces our commitment to provide unparalleled products and experiences that enrich lives across borders and cultures,” Chairman of Al Haramain Group of Companies and NRB Bank Chairman Mohammed Mahtabur Rahman said.
Officials spoke with members of the media during the event.
Praising the benevolent leadership of the UAE, he said the country’s visionary leadership has allowed foreigners like him to flourish in the UAE. “I take this opportunity to express my gratitude to the UAE’s visionary and dynamic leadership for creating an enabling environment for us to prosper in the UAE and contributing in our own humble way to the economy and society of the UAE. We I am inspired by the great leaders of this country and will continue to do our best to support the UAE economy.”
According to Markets and Research, the UAE perfume market will reach US$614.3 million in 2022. It is expected to reach US$1.15 billion by 2028, with a compound annual growth rate (CAGR) of 11.88% from 2023 to 2028. this GCC Premium Fragrance Market On the other hand, according to a report by Market 24X7, the scale is expected to grow at a compound annual growth rate (CAGR) of 4.5% by 2032, from US$12.4 billion in 2022 to US$19 billion.
Al Haramain Perfumes, the group’s flagship company, is a pioneer in the manufacturing of Agarwood, Agarwood, Bakhoor, Dehnal Oudh and Oriental fragrances, with one of the largest market shares in these categories.
With more than 120 strategically located points of sale in the region, the company’s annual production capacity is growing exponentially, with 34 captivating new fragrances launched in 2023 alone. Al Haramain Group has a market share of 5% to 7% in the Middle East perfume market. As a manufacturer, it demonstrates a strong commitment to excellence and innovation in the fragrance industry.
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