Jamil Khan, Senior Reporter
With the newly opened branch on a strategic location for three emirates — Dubai, Sharjah and Ajman — the Union Coop has announced to provide them with food and non-food commodities at a comparatively lower price range of 15 to 20%.
The largest consumer cooperative in the UAE announced the opening of a new branch with a different concept in the Al Tayy area. This comes within the framework of supporting the wise leadership’s direction and translating the rational aim of providing sustainable food resources in the country and building a food security system as a top priority.
Khalid Humaid Bin Diban Al Falasi, CEO of Union Coop said, “Union Coop has reformulated its strategic goals to accommodate rapid changes in light of the current pandemic to ensure the smooth supply of goods and products and overcome challenges, in response to the statement of His Highness Sheikh Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, which said ‘The process of the food supply is sustainable and will not be affected and is a top priority for the state’, and to contribute to supporting the policy of the Emirates Food Security Council and relevant government agencies.”
Al-Falasi added, “Since the beginning of the crisis, Union Coop provided strategic commodity stocks without charging the state or the shareholders any expenses or additional burden and contributed to building a food security & support system and maintaining the stability of markets and prices in the country, as well as harness all the capabilities to serve the country and the citizen away from material goals, indicating that the new branch represents a kind of community service because the profit margin covers operating expenses only, which guarantees the best prices while maintaining the high quality of products “.
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