Mair Group for Strategic Investments launches operations

Mair Group for Strategic Investments has officially launched its operations in Abu Dhabi. The group plans to play a pivotal role in developing businesses across key economic sectors, including food retail and commercial real estate.

The group’s investment portfolio includes major local institutions, such as the Abu Dhabi Cooperative Society, which merged with Al Ain, Dalma, and Al Dhafra Cooperative Societies in 2023 as part of an initiative led by Abu Dhabi’s Department of Economic Development to enhance economic and social development.

Mair Group’s other assets include Makani Real Estate Company, which operates a diverse chain of community shopping centres, and SPAR for retail, which has been active in Abu Dhabi for over a decade, with aspirations to expand its footprint in the Middle East.

Food security is a focus for the Mair Group

The group operates under a vertical integration model, ensuring supply chain sustainability and adherence to high-quality standards while supporting the UAE’s National Food Security Strategy 2051.

“The launch of Mair Group marks a significant step in strengthening the role of national institutions in bolstering the UAE’s economic position and fostering sustainable development in line with our leadership’s vision,” said Captain Mohamed Juma Al Shamsi, chairman of Mair Group.

He further emphasised the group’s commitment to diversifying food import sources and facilitating trade in support of the National Food Security Strategy.

Nehyan Hamad Bal Rakkad Al Amri, Mair Group’s MD and CEO, who previously served as chairman of the Al Ain Cooperative Society, is set to lead the group’s ambitious local and regional expansion plans. Al Amri highlighted that the group aims to unify the strengths of its institutions to capitalise on new opportunities within the food sector and related supply chains, while also focusing on qualifying national talent to support these efforts.

In 2023, Mair Group generated revenues of Dhs2.34bn, cementing its position as one of the UAE’s top five food companies.

The group operates more than 120 food shopping destinations and 12 community shopping centres, serving over 65,000 customers daily.

With a 90 per cent occupancy rate across 320,000 square metres of commercial space, Mair Group is set to expand its market share, leverage e-commerce opportunities, and explore new ventures in alignment with its core operations.

Future plans

Mair Group plans to secure strategic locations for new shopping destinations and pursue acquisitions that complement its existing portfolio. The group is also committed to sustainable investments, fostering business growth, and supporting local communities through partnerships and initiatives.

In 2023, Mair Group employed 92 Emiratis, to hire an additional 400 citizens over the next three years.

As it looks to the future, Mair Group aims to capitalise on Abu Dhabi’s stable economy, expand its retail business, and strengthen its presence in both the local and regional markets.