Latest news with #UnionCoop
Al Bawaba
a day ago
- Business
- Al Bawaba
Union Coop Supports Emirati Enterprises with Contracts Exceeding AED 82 M in 2024
As part of its ongoing commitment to supporting national entrepreneurship and strengthening the private sector's contribution towards the local economy, Union Coop has extended direct support to members of the Emirati Suppliers Program, an initiative by the Mohammed Bin Rashid Establishment for SME Development, through procurement contracts exceeding AED 82 million in initiative reflects Union Coop's strategic role in empowering Emirati entrepreneurs and enabling small and medium enterprises (SMEs) to access local markets and enhance their on the initiative, Mr. Mohamed Al Hashemi, CEO of Union Coop, said: "Union Coop's support for Emirati suppliers is a fundamental part of our corporate social and economic responsibility. Our procurement policy prioritizes national products and local suppliers, in line with the UAE wise leadership's vision for sustainable development and a knowledge-based economy."He added that this achievement is part of a broader series of initiatives and contributions carried out by Union Coop over the years to strengthen partnerships with government entities and development institutions, and to accelerate the growth of promising national ventures. Union Coop continues to play an instrumental role in advancing the UAE's SME sector, reaffirming its position as a strategic partner in fostering inclusive economic progress. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
Zawya
3 days ago
- Business
- Zawya
Union Coop reaffirms supply chain stability and commitment to supporting local products amid regional developments
Dubai, UAE: Union Coop has reiterated its full readiness and operational preparedness to ensure the continued availability of essential consumer goods in light of ongoing regional tensions. The retail cooperative emphasized that its operational plans and supply chains are functioning with high efficiency and advanced flexibility. Union Coop stated that it maintains a sufficient strategic stock of essential consumer goods, particularly locally produced items, highlighting that prioritizing national products remains a strategic focus and the first line of defense in addressing potential supply chain challenges. Commenting on the matter, Mr. Mohamed Al Hashemi, CEO of Union Coop, said: "Our expansion plans and the opening of new branches have directly contributed to increasing our strategic storage capacity and enhancing operational efficiency. Additionally, they have allowed us to allocate more space for the continuous and balanced availability of local products across all regions." He added that the cooperative has already initiated steps to broaden partnerships with local suppliers and support national industries as part of its wider efforts to achieve self-sufficiency and enhance food security, in alignment with the UAE's economic plans and national strategies. Mr. Al Hashemi further highlighted Union Coop's proven track record in crisis management, referencing its pivotal role during past challenges such as the COVID-19 pandemic. The cooperative succeeded in maintaining market stability and uninterrupted product availability, thereby reinforcing public confidence in its national and economic role. He reaffirmed the cooperative's ongoing commitment to the community, noting that all Union Coop branches operate under flexible and well-calculated plans to ensure the availability of essential items and services at all times. Continuous coordination is underway with relevant authorities to bolster readiness and effectively respond to any unforeseen developments.
Al Bawaba
3 days ago
- Business
- Al Bawaba
Union Coop Reaffirms Supply Chain Stability and Commitment to Supporting Local Products Amid Regional Developments
Union Coop has reiterated its full readiness and operational preparedness to ensure the continued availability of essential consumer goods in light of ongoing regional tensions. The retail cooperative emphasized that its operational plans and supply chains are functioning with high efficiency and advanced Coop stated that it maintains a sufficient strategic stock of essential consumer goods, particularly locally produced items, highlighting that prioritizing national products remains a strategic focus and the first line of defense in addressing potential supply chain on the matter, Mr. Mohamed Al Hashemi, CEO of Union Coop, said:"Our expansion plans and the opening of new branches have directly contributed to increasing our strategic storage capacity and enhancing operational efficiency. Additionally, they have allowed us to allocate more space for the continuous and balanced availability of local products across all regions."He added that the cooperative has already initiated steps to broaden partnerships with local suppliers and support national industries as part of its wider efforts to achieve self-sufficiency and enhance food security, in alignment with the UAE's economic plans and national Al Hashemi further highlighted Union Coop's proven track record in crisis management, referencing its pivotal role during past challenges such as the COVID-19 pandemic. The cooperative succeeded in maintaining market stability and uninterrupted product availability, thereby reinforcing public confidence in its national and economic role. He reaffirmed the cooperative's ongoing commitment to the community, noting that all Union Coop branches operate under flexible and well-calculated plans to ensure the availability of essential items and services at all times. Continuous coordination is underway with relevant authorities to bolster readiness and effectively respond to any unforeseen developments. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
Zawya
17-06-2025
- Business
- Zawya
Union Coop supports local suppliers with over 6,000 national products
Union Coop remains deeply committed to supporting national industries and empowering local entrepreneurs and farmers, continuing its role as a strategic partner in realizing the wise leadership's vision for a diversified and sustainable economy Dubai, UAE: The CEO of Union Coop, Mr. Mohamed Al Hashemi stated that the cooperative operates under a comprehensive plan to support local suppliers through operational, technical, and commercial facilitation. This includes exemptions from certain fees, simplified listing procedures, and discounts of up to 50% on display charges. Additionally, Union Coop provides logistical and marketing support within its outlets and organizes promotional events and field visits to local farms and factories, all of the efforts that help strengthen the relationship between producers and consumers. Mr. Al Hashemi emphasized Union Coop's commitment to the 'Make it in the Emirates' initiative by highlighting high-quality local products, which have increasingly become the first choice for a growing segment of shoppers. He noted that Union Coop branches currently stock more than 6,000 local products across various categories, which enjoy rising demand due to their high quality and competitive prices, as well as consumers' dedication to supporting Emirati entrepreneurs and local farmers. He further noted that local products and national industries are now capable of competing with global counterparts, thanks to their adherence to high standards. Through its annual strategy, Union Coop launches impactful initiatives to empower farmers and local companies, including dedicated in-store display spaces and extensive promotional and marketing support aimed at boosting sales and raising consumer awareness of the importance of supporting local products as a cornerstone of the national economy. With respect to expansion plans, Al Hashemi revealed that Union Coop currently operates 30 branches in Dubai, with plans to open more branches this year. He added that this expansion will cover newly developing areas experiencing significant population growth, thereby enhancing the reach of national products to a wider consumer base and strengthening Union Coop's role as a key contributor to the country's food security strategy.
Hi Dubai
17-06-2025
- Business
- Hi Dubai
Dubai Awards Over AED1.29 Billion in Contracts to Emirati SMEs Through Supplier Programme
Dubai has awarded more than AED1.29 billion in contracts to Emirati-owned small and medium enterprises (SMEs) in 2024 through the Emirati Supplier Programme, marking a major milestone in its ongoing support for homegrown entrepreneurship. The initiative, overseen by the Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), reflects the government's commitment to strengthening the SME ecosystem in line with the Dubai Economic Agenda D33, which aims to double the size of the emirate's economy by 2033. Government entities led the contribution with AED652.8 million in contracts, followed by AED347.7 million from semi-government organisations and AED94.6 million from the federal sector. The private sector accounted for AED198.9 million, with major players like Union Coop, Carrefour, and Emaar Properties backing the initiative. Crown Prince of Dubai H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum affirmed that supporting SMEs remains a strategic priority, citing their role in fostering innovation, economic resilience, and job creation. Under the broader leadership of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Dubai continues to expand access to capital, simplify regulations, and position its entrepreneurs for global success. Since its launch in 2002, the programme has facilitated over AED12 billion in contracts. In 2024 alone, 73 public and private sector entities participated, supporting over 970 registered Emirati businesses across key sectors like professional services, technology, food and beverage, and manufacturing. Officials say the programme is not only boosting non-oil GDP but also reinforcing Dubai's reputation as a globally competitive, innovation-driven economy powered by local talent and enterprise. News Source: Emirates News Agency
