Sheikh Mohamed extended his sympathies during a visit to the mourning majlis in Al Ain
uae10 hours ago
Dubai — Jumbo Electronics — an IT, telecom and consumer electronics retailer and distributor and the flagship company of the Jumbo Group — is set to report a record sales turnover of Dh5 billion for fiscal year 2014-15. This was supported by a 25 per cent sales growth in its nine month operations from April to December 2014 compared to the same period the previous year.
A member of the World Economic Forum as a Global Growth Company, the Group recently completed 40 years of operations in the Middle East and Asia.
Its founder, Manohar R Chhabria, established the first Jumbo Electronics retail outlet in 1974 in Dubai’s commercial district Bur Dubai. The company marked its first success by securing exclusive distribution rights of the global brand Sony in 1975, initiating its rise to becoming the largest Sony distributor in the world.
Jumbo has grown to introduce profitable verticals to its corporate structure, including enterprise solutions, logistics, engineering and light manufacturing.
Vidya Chhabria, chairperson, Jumbo Group, sad: “Jumbo Group’s growth story is the reflection of the vision and enterprise of my husband, who established what has today matured to become a multi-discipline conglomerate. His core values of entrepreneurship, integrity, innovation and efficiency continue to be emulated by our management and staff and we are proud to arrive at this milestone 40th year of operations with business on a steep incline.”
Vishesh Bhatia, CEO, Jumbo Group, said: “Jumbo has always preserved its integrity as an efficiently-run business, with a strong bias for customer-centricity, underpinned by robust corporate governance, learning and development, and effective internal processes. As we celebrate our 40th year anniversary, the drive to become bigger and better is stronger than ever.
“Our growth strategy envisages doubling net revenues by 2020. We recognise the high ambition of this goal, but under the guidance of Vidya Chhabria, with the dedication of our motivated teams and significantly, the continuing inspirational leadership of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, I see no reason why this dream cannot be realised.”
— business@kaleejtimes.com
Sheikh Mohamed extended his sympathies during a visit to the mourning majlis in Al Ain
uae10 hours ago
According to an official, several people are still feared trapped in the debris
asia11 hours ago
Amateurs Afzaal Ahmad, Parvez Ahmed, and Arbaaz Ahmad shine with an Impressive 89-point performance at the Emirates Golf Club
sports11 hours ago
The Meteorological Organisation that it is closely monitoring what is being circulated on social media
mena12 hours ago
There have been a series of school fires in the country in recent years, many of them which have turned out to be arson
africa12 hours ago
Salama Alfalacy is into realistic art featuring landscapes and wildlife, while Meera Jamal Al Midfa is setting new grounds in performance art and filmmaking
arts13 hours ago
Dubai Police have asked drivers to be extra cautious
transport13 hours ago
The storm had already claimed the lives of at least two people in China's Hainan and 16 people in the Philippines
asia14 hours ago