Miller Magazine Issue: 140 August 2021

58 INTERVIEW MILLER / august 2021 Al-Hazaa Investment Group expands its business to become one of the strongest investment groups in the Middle East. Despite the economic crisis caused by the Covid-19 pandemic, Al-Hazaa continues to extend its presence with new investments. After acquiring a stra- tegic flour mill in Al-Fujairah, UAE, the group now ac- quired the Egyptian Millers Flour Mill, located in 6th of October city in Egypt. The mill was established in 1993, as one of the first private sector flour mills in Egypt as soon as the government allowed the establishment of mills. Egyptian Millers has a total production capacity of 500 ton/ day and a storage capacity of 20,000 tons. With this acquisition, Al-Hazaa expands its milling ca- pacity in Egypt from 1,280 tons per day to 1,780 tons per day to become one of the big players in the Egyp- tian milling industry that manages one of the largest milling capacities in the country. In an exclusive interview to Miller Magazine, Mr. Omar Al-Hazaa, General Manager at Al-Hazaa Investment Group, underlines that the acquisition will increase the production capacity of the Group’s mills in Egypt after the increased demand it has faced for its products late- ly. “Now we started in collaboration with Bühler AG to update the production lines in the Egyptian Millers and increase its production capacity to meet the standards that Al-Hazaa Group follows in all its mills,” he says. Mr. Omar, could you please provide us with some brief background information on your company? Al-Hazaa Investment Group is a family business that was established in 1942 in Iraq. The founder Sharif Al-Hazaa built the first flour mill in his hometown Tikrit, then several industrial activities took place not only in Iraq but also in Jordan, Egypt and UAE, making Al-Haz- aa Investment Group one of the largest investment groups in the Middle East. Today the Group has ex- panded into a diverse organization with business ac- tivities in various sectors including, flour milling, feed milling, pasta and noodles production, plastic produc- tion, renewable energy, banking and project manage- ment and implementation. “With the acquisition of Egyptian Millers Flour Mill, Al-Hazaa will expand its milling capacity and increase its market share in Egypt. We also aim to renew and ex- pand the great company, the Egyptian Millers, and maintain its name, history and prestigious position in the Egyptian market. Our vision is to lead the industry and become one of the best-performing companies in the Middle East through gener- ating sustainable growth businesses.” Al-Hazaa strengthens its footprint in the Middle East Omar Al-Hazaa General Manager Al-Hazaa Investment Group

RkJQdWJsaXNoZXIy NTMxMzIx