ALJACS
Abdul Latif Jameel Accessories Conversion Services (Aljacs), which is specialized in designing and developing vehicle accessories and components, achieved another success by signing a cooperation agreement for developing and manufacturing accessories and components for Daihatsu Motor Corporation (DMC) at a ceremony attended by Zubair A. Sobani, Aljacs deputy managing director, and Hirweoki Ktanou, Daihatsu spare parts general manager in Jeddah. The agreement will enable Aljacs to develop, manufacture, distribute and export Daihatsu accessories and components such as alloy wheels, side view mirrors with lamp, audio systems and many other items using Daihatsu’s trademark. Aljacs claims to be the “first and only” company worldwide to sign such an agreement with DMC as of today.
RASASI
Rasasi has launched its latest fragrance Attar Al-Mohabba in Jeddah. The perfume is bundled with an exclusive gift, a heart-shape pendant that reveals the true and mystical feelings of love. This new fragrance has flowery, woody and musky notes and symbolizes innocence, portrays feminism and evokes the magical moments of love, Yousef Enayat of Partnership PR said on behalf of Rasasi. The perfume opens with notes of bergmont and neroli with a touch of jasmine and ylang extract. The base note wraps up with musk, sandalwood and styrax. The shiny bottle with deep red and silver shades portrays a perfect picture of love and serenity. Rasasi stores are located across the GCC.
AUJAN INDUSTRIES
Aujan Industries has announced Vimto’s 81st Ramadan season. It first introduced Vimto in the Middle East in 1928. Nearly 80 years later, Vimto has developed into not only a household beverage, but an integral part of the Ramadan tradition, Tolga Sezer, executive vice president of Aujan Industries, told reporters at an iftar party in Jeddah on Tuesday. Over the next five weeks, Aujan estimates sales will be in excess of 20 million bottles across the GCC. This year’s campaign is based on the theme ‘Hurry, they’ll finish it all.’ The phrase refers to the possibility that Vimto supplies could run dry due to high demand. “Vimto’s 81st season campaign has been launched in three phases — Rumors, revelation and showtime. Two weeks prior to Ramadan, we set the ball rolling with the first phase, which is being followed by the other phases.”
ICT CORNICHE PROJECT
International Capital Trading (ICT), a leading investment company in Abu Dhabi, signed a financing agreement with four leading UAE banks for its landmark Corniche Project to be developed in Abu Dhabi. The AED3 billion Corniche Project is to be financed in part by leading banks, including Abu Dhabi Commercial Bank (ADCB), National Bank of Abu Dhabi (NBAD), First Gulf Bank (FGB) and National Bank of Dubai (NBD). The total fundraising package is in excess of AED1.7 billion, ICT said in a statement on Tuesday. Hamad Abdulla Al-Shamsi, chief executive officer of ICT, Eirvin Knox, chief executive officer of ADCB, Michael Tomalin, chief executive officer of NBAD, Andre Sayegh, chief executive officer of FGB, and Nariman Karbhari, head of corporate banking at NBD Abu Dhabi, signed the deal. The over 3.1 million square feet Corniche Project will encompass an extensive collection of luxury hospitality, luxury retail, Class A offices and residential components.
