Faithful attend a grand Iftar party in Ajman.

Gulf Today, Staff Reporter

Al Haramain Group, a leading UAE manufacturer and retailer of fragrances, organised the UAE’s largest Iftar dinner for 5,000 people, in celebration of its business success of a network of 120 stores spread in more than ten countries with its UAE-made products being exported to more than 70 countries.

The prestigious Iftar event, participated by more than 5,000 guests, serves as a testament to Al Haramain Group's enduring dedication to fostering community spirit and sharing joyous moments with valued customers and partners.

The occasion will not only be a celebration of the Holy Month of Ramadan but also an opportunity to showcase the company's latest offerings and extend gratitude to its loyal clientele for their continued support.

“We are immensely proud of the remarkable success achieved by Al Haramain Group in the UAE, a testament to our unwavering commitment to excellence and innovation. As we host this grand Iftar gathering, we extend our heartfelt gratitude to our loyal customers and partners who have been integral to our journey. This milestone reinforces our dedication to delivering unparalleled products and experiences, enriching lives across borders and cultures,” Mohammed Mahtabur Rahman, Chairman of Al Haramain Group of Companies and Chairman of NRB Bank, said.

Officials speaks to media persons during the event.

Praising the UAE’s benevolent leadership, he said, the country’s visionary leadership has allowed foreigners like him to prosper in the UAE. “I take this opportunity to express my gratitude to the visionary and dynamic leadership of the UAE who have created an enabling environment for us to prosper in the UAE and contribute to the UAE economy and society in our own humble way. We are inspired by the great leaders of this country and will continue to do our best to support the UAE economy.”

The UAE perfume market size reached $614.3 million in 2022. It is expected to reach $1.15 billion by 2028, exhibiting a growth rate (CAGR) of 11.88 per cent during 2023-2028, according to Markets and Research. The GCC fine fragrances market size, on the other hand, is expected to grow at a Compound Annual Growth Rate (CAGR) of 4.5 per cent to $19 billion by 2032 from US$12.4 billion in 2022, according to a report by Market 24X7.

Al Haramain Perfumes – the Group’s flagship company – is a pioneer in manufacturing Oudh, Agarwood, Bakhoor, Dehnal Oudh, and oriental perfumes having one of the biggest market shares in these categories.

With over 120 outlets strategically positioned across the region, the company has witnessed exponential growth in annual production capacity, accompanied by the launch of 34 new captivating fragrances in the year 2023 alone. Al Haramain Group commands a substantial 5 – 7 per cent market share in the Middle East’s fragrance market. As a manufacturer, it has showcased its unwavering commitment to excellence and innovation in the fragrance industry.