Suntron opens 1st retail outlet

Suntron Electronics, a Dubai SME100 company and winner of the Mohammed bin Rashid Award for Young Business Leaders in 2007, has announced the opening of its first retail outlet in Dubai.

By Staff Report

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Published: Mon 16 Sep 2013, 9:13 AM

Last updated: Fri 3 Apr 2015, 3:43 AM

The opening ceremony was attended by dignitaries including Abdul Basit Al Janahi, chief executive officer of Dubai SME, the agency of the Department of Economic Development in Dubai mandated to develop the small and medium enterprise sector.

Dubai-based Suntron seeks to be a leading pan-GCC retailer of home appliances and consumer electronics with its flexible, interest-free payment option. Customers can complete their payments in monthly installments within 18 months from their purchase, a first-of-its kind facility that Suntron offers in line with the Islamic economy initiative of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.

Part of the Mohammed bin Ghalaita group, the electronics retailer was ranked 31st in Dubai SME100, a premier ranking of Dubai’s top-performing SMEs launched by Dubai SME in 2012.

“The growth and expansion of Suntron Electronics underlines the focus of Dubai SME and the success of Dubai SME100 in recognising and promoting SME excellence. Dubai has a large reserve of entrepreneurial competitiveness capable of meeting expectations and competing globally as Suntron and other Dubai SME100 companies continue to prove,” said Al Janahi.

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