Plan underscores MyGroup’s commitment to support UAE economy and grow in tandem.
MyGroup Holding Unveils Ambitious Multibillion-Dirham Investment Plans in the UAE for 2025
Under the dynamic leadership of President Emil Isgandarov, MyGroup Holding has announced a bold strategy to invest billions of dirhams in the UAE by 2025. This major investment initiative will bolster the company’s operations in Dubai, focusing on key sectors such as retail, services, logistics, energy, construction, and telecommunications, thereby significantly expanding its footprint in the region.
Key Focus Areas for Development
MyGroup’s expansive portfolio includes several groundbreaking initiatives designed to elevate various industries in Dubai:
- MyShops: A forward-thinking retail chain aimed at revolutionizing the shopping experience for customers.
- MyBarber: A premium grooming service tailored to cater to Dubai’s cosmopolitan and diverse population.
- MyLogistics: A logistics company focused on delivering efficient and optimized supply chain solutions within the UAE.
- MyRefinery: Projects dedicated to enhancing energy infrastructure while promoting sustainable practices in the UAE’s energy sector.
- MyConstruction: A construction firm committed to contributing to Dubai’s real estate and infrastructure growth.
- MyNumber: A distinct platform for trading vehicle license plates across the UAE.
Emil Isgandarov, a notable Azerbaijani entrepreneur and philanthropist, emphasized that this investment strategy aligns seamlessly with Dubai’s vision for economic diversification and sustainable development. With Dubai’s real estate sector projected to welcome approximately 41,000 new housing units by 2025, MyGroup’s contributions will play a key role in supporting this expansion.
Recent Milestones
MyGroup’s future plans are grounded in a series of significant milestones achieved over the past year in the UAE:
- The successful debut of the first MyShops outlet at Outlet Mall, with additional locations underway, including a new site near the Grand Mosque in Abu Dhabi, currently being prepared for launch.
- Relocation of MyGroup’s UAE headquarters to Bay Square to facilitate regional growth and development.
- The introduction of the MYX brand, offering premium electronics and mobile accessories at affordable prices, with plans for wider distribution across GCC countries and globally.
- Strengthened corporate team-building efforts aimed at generating job opportunities and contributing positively to the UAE’s economy.
- The launch of the MyShops e-commerce platform, providing consumers with competitive prices and greater accessibility.
- Establishment of a dedicated export division to support trade in various products, meeting rising market demands at competitive rates.
- Development of interest-free credit installment payment plans to make shopping more accessible for UAE residents.
These achievements highlight MyGroup’s commitment to fostering economic growth and creating opportunities that align with the UAE’s vision for prosperity.
Promoting International Collaboration
Isgandarov actively participates in initiatives aimed at strengthening economic and trade relationships between Azerbaijan and the UAE. As Chairman of the Caspian Energy Club UAE, he plays a pivotal role in enhancing international cooperation and partnerships.
With its multibillion-dirham investment strategy and recent achievements, MyGroup Holding is poised to significantly contribute to Dubai’s economic development while supporting long-term sustainability goals.
To explore more about MyGroup Holding, visit MyGroup.ae
