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Printing industry to generate $1.7tr worth business

DUBAI - The regional printing industry is booming. Recent studies estimate $1.7 trillion worth of business will be generated in the printing and publishing sector in the Middle East by 2008.

The printing industry in the UAE and especially Dubai is also experiencing growth rate of 15-20 per cent per annum prompting many printers to plan expansion, according to Ahmed bin Hassan Al Shaikh, Chairman of the Printing and Publishing Group.

The Printing and Publishing Group is one of the eighteen business groups operating under the umbrella of the Dubai Chamber of Commerce and Industry (DCCI).

According to the Chairman of the Printing and Publishing Group: “In order to streamline growth and sustain ever increasing potential of the printing industry, DCCI Printing and Publishing Group was established to bring together individual printing houses to function as a group which has created trust and goodwill among its members to initiate healthy competition based on friendly business relationship."

Many people feared that the advent of Internet would adversely affect the printing industry, but it was proven beyond doubt that the Internet supports and complements printing.

Last December, Delta Printing Press based in Dubai opened its new Dh25 million facility at Al Quoz Industrial area and is already utilising upto 80 per cent of its production capacity.

Delta currently undertakes a range of commercial printing jobs.

Apart from this, Ajman Rashid Printers is also upgrading the production facility progressively and have installed the latest machines. The company produces brochures, catalogues, annual report, diaries to name a few.

Yesterday, a meeting for the Printing and Publishing Group was held at DCCI premises to discuss the group's future strategy, programmes, plans, events and activities submitted in the agenda.

Ahmed bin Hassan Al Shaikh, presided over the meeting with the attendance of the chief executive officers, directors and representatives of the Printing and Publishing companies under the Group.

The DCCI's initiative of founding the Printing and Publishing Group comes in accordance with its vision and strategy in developing the trade and economic sectors, delivering value-added services to its members and enhancing their competitiveness.

In addition, the chamber, based on this initiative, is committed to meet different trade and economic sectors' needs, activating the ties with the members, following up on their affairs and needs, and contributing to develop businesses through keeping pace with the local and international latest events in the economic arena.