H. E. Ahmed Humaid AL Tayer approves 4 new projects at Al Tomooh.

Salah Mohd Amin ( TMH-MGR) , Mr. Sulaiman Al Al Mazroui ( the Executive Supreme Committee Member-TMH ) and Mr. A.Wahid Al Fahim ( Head of TMH Evaluation Committee Members) successfully obtained an approval from H.E.Ahmed Humaid Al Tayer for 4 new projects to be financed by Al Tomooh.

1-Subway

The owner of the project is Mr. Nasser Talib Nasser (UAE) ,29 years old , graduated from Higher College of Technology and received his Higher Diploma in Business Administration in1995.
Subway is ranked as the second largest franchise restaurant chain in the world, with a presence in the UAE. At present, they have over 15,802 outlets in more than 74 countries. In 2001, they were ranked as the No.1 franchise opportunity by Entrepreneur Magazine. Moreover, they are known to be fastest growing fast food chain in the world.

2- Advanced Electronics Industries

The owner of the project is Mr. Mohd Al Rafi (UAE) , 42 years old, hails from a worthy renowned merchant local family in Dubai. He graduated in 1985 from University of Arizona (USA) with a B.S. Degree on industrial Engineering. He took his first job at the Dubai Municipality, where he started out as an officer and worked his way up to become the Director of IT department.
Ahmed Rafi ‘s intention is to assemble the electronic components in Dubai to gain a price advantage rather than importing finished products from the suppliers, which are priced higher.

3- The Chase Advertising

The owners of the project are Mr. Matar Al Suwaidi (UAE) & Mr. Ahmed Rashed Jabr (UAE) . However the key person of the project is Mr. Matar Al Suwaidi.
Mr. Matar AL Suwaidi is graduated from High School in 1989. then, he studied the Higher Colleges of Technology and received his Diploma in Avionics.
The company is an advertising agency specialized in the filed of advertising design and public relations. They engage in providing consulting services to corporate clients in promoting their products/services either through mass media like press, TV, Radio and internet or through point of sale material like posters & banners.


4- Chic Mamair

The owner of the project is Mrs. Fatma Omar Al Khaja (UAE) , received her teaching Diploma in 1972. In 1974, she took her first job as teacher in a primary school. She worked her way up to be the administrative supervisor in 1983. Currently, she attended classes at the UAE University and graduated with a Bachelor Degree in Administration in 1986. In 1990, She joined Al Ain University and worked there as a research assistant in the Center of Administrative, Financial & Economic Research. The promoter’s rationale in setting up this venture (Chic Mamair) was prompted by a need to service her own school’s requirement for students and teacher uniforms and accessories. Moreover, Fatma is a frequent traveler and is very conscious about the taste, demand and interests of locals, from whom she receives feedback. On her International trips, she procures products ranging from ready made garments, perfumes, cosmetics, blankets and house hold items which she sells to relatives and friends and reaps 20-30% net profit margin. The feedback received by her clients has resulted in repeated orders, which lead Fatma to think about operating on a larger scale and thus setting up this project.


Reported on: 27.03.2002

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