UAE minister opens ArabPlast 2019 in Dubai

Dr. Abdullah bin Mohammed Belhaif Al-Nuaimi, UAE minister of infrastructure development, toured the exhibition.
Updated 07 January 2019
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UAE minister opens ArabPlast 2019 in Dubai

Dr. Abdullah bin Mohammed Belhaif Al-Nuaimi, UAE minister of infrastructure development, opened on Sunday at the Dubai International Convention and Exhibition Center ArabPlast 2019, the biggest plastics, petrochemicals and rubber industry exhibition in the Middle East and North Africa (MENA) region. 

“Petrochemicals, plastic and rubber are the key drivers of the economic growth for any country, and exhibitions such as ArabPlast not only offer a strategic platform for participants and visitors to explore groundbreaking solutions and cutting-edge technologies, but also serve as a medium to promote international alliances and sales,” said Al-Nuaimi.

Petrochemicals, components derived from oil and gas are used in all sorts of daily products including packaging, plastics, clothing, detergents, tires and much more.

According to a study by International Energy Agency (IEA), petrochemicals are becoming the largest drivers of global oil demand, in front of cars, planes and trucks.

“Most economies rely on petrochemicals given how prevalent they are in everyday products. The Gulf has a high potential to grow, given the advancement surrounding the petrochemical industry,” said Satish Khanna, general manager, Al-Fajer Information and Services, organizers of ArabPlast 2019.


AHG denies link with Al-Habtoor Trading Enterprises

Updated 16 January 2019
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AHG denies link with Al-Habtoor Trading Enterprises

Al-Habtoor Group (AHG) has clarified that the group and all its divisions, including Habtoor Hospitality (Habtoor Hotels) have no link or relationship of any kind with Al-Habtoor Trading Enterprises (HTE) and its owner Rashid Al-Habtoor.

This is following news released in major Indian and Middle Eastern media about a potential acquisition of the Leela Group of Hotels in India (Hotel Leela venture) by Rashid Al-Habtoor, founder and owner of Al-Habtoor Trading Enterprises.

A spokesperson for Al-Habtoor Group said: “We feel obligated to clarify that Al-Habtoor Group in all its divisions and Al-Habtoor Trading Enterprises are two separate entities. Habtoor Hospitality, commonly known as Habtoor Hotels, is owned solely by Al-Habtoor Group in the UAE and overseas.”

“... Any actions or business decisions taken by Al-Habtoor Trading Enterprises or any of their associates are their sole responsibility, and Al-Habtoor Group is not liable under any circumstance for any damages or liabilities arising directly or indirectly from Al-Habtoor Trading Enterprises business ventures.”