Sunday 25 September 2022 - 2:36:23 pm

Ajman Chamber encourages members to diversify investments

  • غرفة عجمان تشجع أعضائها على تنويع الاستثمارات
  • غرفة عجمان تشجع أعضائها على تنويع الاستثمارات
  • غرفة عجمان تشجع أعضائها على تنويع الاستثمارات

AJMAN, 12th August, 2022 (WAM) -- The Ajman Chamber of Commerce and Industry (ACCI) has witnessed the signing of a strategic partnership agreement to supply rosewater between Lavish Perfumes with Lecheq Farm Distillery, one of the largest natural rosewater production companies in Azerbaijan, to enhance cooperation in the field of essential oils’ production.

The Chamber is intensifying its efforts to encourage investments, increase the volume of intra-trade and strengthen international relations between business owners in Ajman and their outside counterparts.

Salem Al Suwaidi, Director-General of the Ajman Chamber, and Nasser Al Dhafri, Executive Director of the Member Support and Innovation at the Ajman Chamber, attended the agreement signing at the ACCI headquarters. Entrepreneur Adel Al Hashemi, Chairman of Lavish Perfumes, and Bakhtiar Herajev, CEO of Lecheq Farm Distillery, signed the agreement.

Elnur Shukurov, Acting Trade Representative at the Embassy of Azerbaijan in the UAE, also witnessed the signing of the agreement.

The agreement stipulates that Lavish Perfumes will represent the Lecheq Farm Distillery to be the leading supplier of rosewater to the UAE and Gulf markets, based on its policy of providing and distributing natural and organic products, under international best practices.

Al Hashemi pointed out that this partnership was crystallised on the need of Gulf Cooperation Council customers for these types of natural products useful in the field of perfumes, cosmetics, and medicines. Through this partnership, Lavish Perfumes will provide large commercial quantities of natural rosewater to retailers and small and medium enterprises (SMEs).

Herajev expressed his happiness at the cooperation with Lavish Perfumes, saying that it will be a pillar for trade efforts in the future and that this agreement was a result of continuous work done by nearly 3,000 people.

WAM/Rola Alghoul/Esraa Ismail