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HE. Ahmed Humaid Al Tayer, The Chairman of Emirates Bank approves 5 new projects of Al Tomooh

On Saturday, 1 November 2003, H.E. Ahmed Humaid Al Tayer, The Chairman of Emirates Bank Group- The Chairman of Al Tomooh Finance Scheme for Small National Businesses meets with Al Tomooh Supreme Committee Members to review Al Tomoh achievements for the last period.
H.E.Ahmed Humaid Al Tayer ,The Chairman of Al Tomooh SC, H.E. Abdul Rahman Al Mutwaiee (SCM),) Mr. Sulaiman Al Mazroui (SCM), Mr. Abdulwahid Al Fahim (GM), Mr. Salah Mohd Amin (TMH MGR), and Ms.Amal Moustafa (TMH Coordinator) were present at the meeting.

Mr. Salah Amin pointed out that Al Tomooh Finance is already yielding results: "47 projects have already been financed and operational in Dubai, with more to come. These are engaged in various businesses and industrial activities.

Mr. Al Mazroui also indicated that HE Ahmed Al Tayer stressed that the young nationals have great skills and strong well to achieve success. They only need support and encouragement. This represents the core values that Al Tomooh Scheme aims at providing.

HE Al Tayer also added that at this stage AL Tomooh management will enhance its marketing plans and will coordinate with Dubai World Trade Center to grant Al Tomooh Financed projects the chance to participate and its valued events and exhibitions.

Mr. Salah Amin -Al Tomooh Manager declared that 5 new projects have been approved during the meeting, to be financed by Al Tomooh with capital of 2 Million Dirhams approximately.

Aqua Massage
The basic activity of the company will be to offer massage service through the aqua massage machine. The aqua machine is a combination of cutting edge technology and design from the US, manufactured by Aqua Massage International Inc.(AMI)

Desert Trees & Palms
The basic activity of the company is growing mature trees and palms for sale to landscaping contractors, Plant wholesalers and the retail market.

Tanseeq Wedding and Parties
The company will be a parties and exhibition entity that looks after a host's needs for weddings, engagements, graduations and fashion shows. They will offer a wide range of services from wedding cards, invitations to decorations (wedding stages) and food, wedding gowns, hotel bookings and gifts.

Kendah Pest Control
The company will be primarily engaged in providing pest management services to keep pests out, whether it be a home, office or any other property. The promoter opted to pursue this project (Pest Control Services) through seeking assistance from a reputed company in the US viz. Truly Nolen Inc.

Fresh Selection Sweets Manufacturing LLC.
The company was established in June 2000. They engage in the production of Bahraini sweets and French pastries, which include over 40 different varieties, for sale to UAE locals and Arab expatriates. Operations are carried out on retail basis through their showroom located in Al Mazzaya Centre and on a wholesale basis directly through their factory in the Al Quoz area - measuring 1,000 sq. f

Reported by: Al Tommoh

Reported on: 02.11.2003

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