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6/10/24, 2:38 PM       Ras Al Khaimah Ruler inaugurates Sobha Modular Industries’ new manufacturing facility in the Emirate | UAE News 24/7
                         set-up is expected to create over 3,000 jobs in the region,
                         contributing to local employment opportunities.



                         Sobha Group Founder and Chairman PNC Menon said, “We are
                         delighted to announce the inauguration of Sobha Modular
                         Industries, our latest venture poised to revolutionise the regional
                         manufacturing sector in UAE. The grand inaugural ceremony of
                         Sobha Modular Industries was graced by the esteemed presence
                         of His Highness Sheikh Saud bin Saqr Al Qasimi, the Ruler of Ras
                         Al Khaimah, which reflects the project’s vital role in bolstering the
                         region’s economic and industrial capabilities. Moreover, it serves
                         as a stellar exemplification of Sobha Group’s unwavering
                         commitment to innovation, quality, and sustainability.”


                         Sobha Group Co-Chairman Ravi Menon said, “We are elated to
                         announce the launch of Sobha Modular Industries, a world-class
                         facility offering advanced production capabilities to positively
                         transform the regional manufacturing landscape. We extend our
                         heartfelt gratitude to His Highness Sheikh Saud bin Saqr Al
                         Qasimi, the Ruler of Ras Al Khaimah, for sharing his noble vision
                         for the future and being a part of the inaugural ceremony. The
                         innovative venture aims to facilitate ubiquitous development of
                         local industries while augmenting the manufacturing landscape.”



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                         RAKEZ Group CEO Ramy Jallad said, “We are thrilled to welcome
                         Sobha Modular Industries to Ras Al Khaimah. This new facility is
                         not just an expansion of our industrial capacity; it embodies our
                         strategic vision to attract and nurture top-tier global enterprises
                         within our emirate, where manufacturing makes up one-third of the
                         overall GDP. The company’s state-of-the-art manufacturing
                         capabilities and commitment to sustainability exemplify the
                         innovation we aim to foster. Furthermore, it underscores Ras Al
                         Khaimah’s role as a prime destination for innovative and
                         sustainable industrial development. We are committed to
                         supporting their growth and are confident that their success will
                         inspire further industrial innovation in the region.”


                         With Ras Al Khaimah’s favorable manufacturing ecosystem,
                         characterised by its strategic proximity to essential raw materials
                         and an attractive cost-value investment ratio, Sobha Group is well-
                         positioned to operate its new business with efficiency and success.



                         Sobha Realty Managing Director Francis Alfred said, “With
                         heartfelt gratitude to His Highness Sheikh Saud bin Saqr Al
                         Qasimi, Ruler of Ras Al Khaimah, for his support, we proudly
                         inaugurate Sobha Modular Industries, a significant step towards

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