AlJeel Capital LLC ('Aljeel') is pleased to announce the launch of Merks ('Merks' or the 'Company'), a FMCG Company that will focus on developing and branding high-end, niche products targeting retail and distribution segments of the F&B sector in the region.
The FMCG sector remains an important contributor to the region's GDP and is currently growing at double-digit rates. A combination of favourable demographics and rising disposable incomes present a compelling opportunity to capitalize on.
Firas Hurieh, CEO at AlJeel Capital, said: "This is an attractive sector with strong growth prospectus for us and our clients to be invested in. Merks is an attractive business opportunity with ambitious expansion plans throughout the region. AlJeel Capital will benefit from favourable market conditions to grow the business via product expansion, geographic diversification and further branding of the products. "
About AlJeel Capital LLC:
Aljeel Capital is a private institutional investment house based in Dubai, United Arab Emirates. AlJeel Capital investment focuses on defensively positioned consumer sectors across the MENA region with a focus on the GCC Market.
AlJeel owns and manages well-diversified portfolios in-house in the F&B and FMCG sectors across the region and plans to diversify its asset base into manufacturing, education and hospitality sectors. In addition, AlJeel has a solid and reputable shareholders base from the GCC and Levant region..
© Press Release 2016
