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Initiated by the Ministry of Economy and Industry - Danube Group from Dubai one of the leading retail chains in the Middle East - examines entry into IsraelMinister of Economy and Industry Maj. Gen. Res. Orna Barbibai We are determined to open up the Israeli market to competition and work with global players in the retail market to encourage their entry into the market. The economic attachs of the Ministry of Economy and Industry around the world have been working in recent months to attract global players and we are beginning to see the results of the effort in light of the interest of foreign networks in the Israeli economy. The offices CEO Dr. Ron Malka will work to bring retail chains to Israel that will increase competitiveness in the Israeli market.In meetings with a number of retail chains in recent months the firms CEO met with senior executives from the Danube Group. The Dubai-based retail group which operates Danube Home is one of the leading retail chains in the Middle East in the field of home design. Home and garden furniture kitchen accessories baths and toilets etc.Rizwan Sajan the groups founder and chairman noted in this meeting that the group fully understands the potential purchasing power of the Israeli consumer in the face of their ability to be a cheaper alternative. Compared to local players. As a result of this visit an accelerated process began for the company to examine the establishment of activity in Israel and a joint working team was established for the Danov Group with the Foreign Trade Administration in the Ministry of Economy and Industry and other units to advance the process. In this context the companys management will visit Israel soon and will hold tours and professional meetings with key factors in the retail market.Director General of the Ministry of Economy and Industry Dr. Ron Malka The company has a wide range of quality products at significantly cheaper prices - by up to hundreds of percent - compared to similar products sold in Israel. The import reform we are promoting And products based on a statement makes the Israeli market more accessible for global retail companies and also allows local players to save on import and standard costs. The great interest shown by these companies in entering the Israeli market and with the realization of these intentions will ensure that efforts to remove trade barriers and reduce import processes will lead to competition for the consumers heart and pocket and we work with other retail chains around the world to bring them to the Israeli market.About the Danube Group - The Danube Company was established in 1993 by Mr. Rizwan Sajan as a trading company based in Dubai and currently operating in 8 countries United Arab Emirates Saudi Arabia Oman Bahrain Qatar Kuwait India and China. The activity is dominated by two main segments Danube Home offers more than 25000 products for home design and maintenance - including garden furniture bathroom accessories and more and building materials in 2018 it was ranked by Forbes among the leading real estate companies in the Middle East. 2019 The company recorded a turnover of 1.3 billion.
