The firms along with several researchers and industry bodies signed an open letter claiming that Europe was already becoming less competitive and risked falling further behind in the age of AI
Muhammad bin Brek, Chief of Administration, Dubai Holdings, inaugurated the hypermarket in the mall located in Al Quoz area. Abdul Wahad, a member of the Indian Parliament, and other dignitaries were present at the function.
Shamsudheen bin Muhiyudheen, Chairman of the Regency Group, said: "Our aim is to provide a better service for the people belonging to different classes. As the mall is located in Al Qouz industrial area, our major customers will be labourers and workers. So we are trying to provide quality products at an affordable price."
"We are dealing directly with manufacturers. So we can afford to provide better prices for our wide range of products," he said.
The new mall comprises an area of 100,000 square feet with more than 30 commercial outlets and parking lots for 500 vehicles.
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