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Al Sayegh Brothers plans expansion

DUBAI — Al Sayegh Brothers Group, master distributors of LG Digital Products, Olympus and several other global brands for the UAE, is planning to triple turnover by 2010 by implementing an aggressive strategy to expand into retail and technology sectors that will see the group's turnover grow by 25-30 per cent per annum over the next four years.

Abdul Jabbar Al Sayegh, Chairman of Al Sayegh Brothers Group said: "We have identified two areas of growth as key for our group. Taking our cue from UAE's strategic direction set by His Highness Shaikh Mohammad bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, our group will focus on the retail and technology sectors."

Recently, the group launched a new wireless technology which will provide technology and complete business solutions that increases profitability of an organisation.

Al Sayegh Brothers Group in collaboration with the Wireless Logix Group, aims to penetrate and expand its footprint in the Middle East. Iqbal Hussain, Deputy Chief Executive Officer of Al Sayegh Brothers Group, told Khaleej Times: “We are targeting a turnover of Dh50 million from our investments this year as this partnership will help our company to penetrate the corporate sector with a rich portfolio of solutions that enterprises are seeking to increase profitability by improving productivity and enhanced management."