Printer Friendly

Atlas Group receives a lifeline.

Summary: The agreement will leverage Atlas Jewellery's network and resources and Maas Group's financial stability to deliver better service to existing customers.

Dubai: Maas Group has agreed to invest in Atlas Jewellery Group's business in the UAE and in its healthcare business in Oman, representatives of both companies announced on Wednesday.

"Maas Group is currently encouraging us. We will ensure that all showrooms will be filled with adequate stock at the earliest and Atlas will shine much better soon," M.M. Ramachandran, chairman of Atlas Group, promised.

"By teaming up with Maas Group, we are able to enhance our presence and impact a larger customer base," Ramachandran added.

"We are pleased to combine our strengths to meet the demands of the market and deliver quality service to customers," said Mohammed Abdul Shabbir, chairman and founder of Maas Group.

Maas Group has chosen to invest in Atlas Jewellery considering the trust imposed by millions in the Group, Shabbir said.

business@khaleejtimes.com

Copyright [c] 2015 Khaleej Times. All Rights Reserved. Provided by SyndiGate Media Inc. ( Syndigate.info ).

COPYRIGHT 2015 SyndiGate Media Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2015 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Khaleej Times (Dubai, United Arab Emirates)
Date:Oct 28, 2015
Words:176
Previous Article:Bank of Sharjah's earnings rise 10%.
Next Article:Japan investment discussed at Fujairah forum.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters