German med-tech firm to set up MEA headquarters in Dubai

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German med-tech firm to set up MEA headquarters in Dubai
Maurice Faber will lead Olympus MEA as its regional managing director.

dubai - Olympus Corporation specialises in optical and digital precision technology

By Staff Report

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Published: Mon 7 Nov 2016, 8:17 PM

Last updated: Mon 7 Nov 2016, 10:19 PM

Optical and precision electronics manufacturer Olympus Corporation will establish its regional headquarters for Middle East and Africa (MEA) in Dubai in January 2017.

Middle East healthcare veteran Maurice Faber will lead Olympus MEA as its regional managing director.

Olympus Corporation, based in Hamburg, is a world leader in optical and digital precision technology for sectors including life sciences, healthcare, energy, petroleum, construction, aviation, mining and precious metals such as gold and platinum.

The 2,000 sq m Olympus regional headquarter will cover 72 countries.

"Since the Olympus MEA regional headquarter covers a huge and diverse territory, several locations were examined. We chose Dubai because of its infrastructure, connectivity and ease to source a global pool of talent," said Faber.

Strategic growth market
"Being in the region is testament to Olympus' commitment to the Middle East and Africa as a long-term strategic growth market. We are making significant investments in this more focused approach with a new headquarters in the MEA," he said.

"Olympus can now listen, respond and communicate with partners and clients in MEA far more effectively with growth and problem-solving strategies designed locally compared to a uniform policy from outside the region," Faber added.

Olympus MEA will set up a dedicated training centre as part of its regional base. It will also set up a service centre and stock parts here.

"Our products - high-end endoscopes and microscopes for the life sciences and healthcare sector, and digital precision products such as endoscopes and spectroscopes to detect engine and metal stress and fatigue in jet engines, gas turbines and to determine purity of gold, for instance - require a very high level of competence to service," said Faber.

He said many of Olympus' customers use its equipment in mission critical tasks such as maintenance in aviation, petroleum pipelines and energy turbines. This new service centre will also stock temporary replacement equipment in several cases.

- issacjohn@khaleejtimes.com



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