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[🇧🇩] The Evolving Partnership Between Bangladesh and UAE

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[🇧🇩] The Evolving Partnership Between Bangladesh and UAE
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Pran’s journey in the UAE
From humble beginnings to a thriving export hub

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Pran-RFL Group is showcasing a variety of products at the Dubai Gulf Food Fair to introduce new items and attract new customers. Photo: Pran

In 2003, Pran, a leading food processor and conglomerate in Bangladesh, made its first foray into the United Arab Emirates (UAE) market.

The company purchased a second-hand car from a shop in Sharjah for 15,000 dirhams (around Tk 5 lakh) and hired one Bangladeshi employee to run its operations.

The modest business model meant the company could offer only three products: a lychee drink, chanachur, and puffed rice.

"The early days of the business were quite challenging, as Bangladeshi products had no presence in the UAE market, which was dominated by Indian and Pakistani items," Ahsan Khan Chowdhury, chairman and chief executive officer of Pran-RFL Group, told The Daily Star.

However, those days are firmly in the past. Currently, Pran has expanded its range of offerings in the UAE market to 950 items, demonstrating the brand's strong presence in the Middle East.

From small grocery stores to supermarket chains, Pran's diverse range of products has become a household name among the South Asian diaspora and beyond, with sauces, noodles, juices, spices, mustard oil, coconut water, biscuits, and puffed rice being the most in-demand items.

"Now, more than 1.5 million Bangladeshis in the UAE are our customers. When we started our business in the UAE, expatriate Bangladeshis were our initial target demographic. Once we reached them, we targeted South Asians and local consumers," Chowdhury said, adding that many Nepalis, Arabs, and Filipinos now regularly enjoy their products.

In the 2023-24 fiscal year, Pran exported products worth $245 million to the UAE through its dealer, Emerging World Group, a Dubai-based company that markets Pran's products across the Middle East, Europe, Africa, America, and Oceania.

Emerging World Group has expanded its workforce to 735 employees and operates a fleet of 350 vehicles, ensuring the smooth sales, marketing, and distribution of products.

Chowdhury mentioned that Emerging World is working on securing a large bank loan. If approved, there are plans to establish a manufacturing unit in Dubai.

At present, most products are imported from Bangladesh, while some are sourced from contracted manufacturers in other countries, he added.

Chowdhury believes Pran's commitment to quality and affordability has played a significant role in its rapid growth.

During visits to multiple hypermarkets and supermarkets — including Nesto, Al Madina, and Mark and Save in Dubai, Ajman, Sharjah, and Sanaiya — on Tuesday, it was seen that Pran products were prominently displayed on shelves.

Mohammad Sajjad Hossain, marketing manager of an Al Madina outlet, said they have been selling Pran products for nearly eight years and currently offer 240 items.

He added that Pran's customer base includes not just Bangladeshis but also consumers from India, Sri Lanka, Pakistan, Nepal, Bhutan, and various Middle Eastern countries.

An official at a Nesto store said they have been selling Pran products for many years and now offer 82 items. Due to customer satisfaction, sales of Pran products are increasing, he added.

COMPETITORS, PROSPECTS AND CHALLENGES

However, competition in one of the world's most luxurious destinations is stiff.

In the beverage market, Pran's competitors include Rani, PepsiCo, Coca-Cola, and Star. In the spice category, the main competitors are Pakistan's Mehran and Shan, along with South Indian companies like Vijaya. In the noodles segment, key competitors include Indomie, Maggi, and Buldak.

"We are the market leader in mustard oil, although some small Indian companies are entering the competition," Mizanur Rahman, executive director of export at Pran Group, told The Daily Star.

"There is also a huge opportunity for us to expand in the Bangladeshi, Indian, Filipino, African, and mainstream Arab markets. To achieve this, we are focusing on product promotion and developing products tailored to their needs," he said.

"We have prepared products specifically for Filipino, Thai, African, and Arab communities based on their preferences.

"We are optimistic about performing well in these segments in the coming days. This is a $46 billion market, and the main challenge is branding.

"The more we promote our country, the more confidence we will gain from mainstream customers. The governments of Turkey, China, and India are investing heavily in branding."

Currently, Pran has expanded its range of offerings in the UAE market to 950 items, demonstrating the brand's strong presence in the Middle East

Rahman further stated, "We need to work on product quality, pricing, packaging, and promotion to strengthen our position in the market."

To that end, Pran-RFL Group chairman and CEO Chowdhury is showcasing a variety of products at the ongoing Dubai Gulf Food Fair.

He said they attended the fair to introduce new products and attract new customers.

"This time, we gained some customers from Libya and Iraq. These two countries could be good markets for Bangladesh," he remarked.

Pran products are now exported to 145 countries worldwide. In 2024, the company exported goods worth $377 million.​
 

Skilled human resources stressed to attract FDI
Staff Correspondent 25 February, 2025, 23:02

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Business stakeholders of the United Arab Emirates said that Bangladesh should focus on its large pool of young people and make them skilled enough so that foreign investors could feel confident about investing in Bangladesh and utilising this young demographic dividend.

They revealed it while speaking on Tuesday at a business forum on ‘Strengthening economic ties between Abu Dhabi and Bangladesh’ organised by the Abu Dhabi Chamber in Abu Dhabi, UAE.

Dhaka Chamber of Commerce and Industry president Taskeen Ahmed led a 29-member business delegation in the UAE to explore new business opportunities.

Shamis Ali Al Dhaheri, second vice-chairman and managing director of the Abu Dhabi chamber, said that the UAE had successfully expanded its investment and attracted foreign investment through the development of skilled human resources.

He also assured that the UAE would provide possible support and cooperation for the skill development of Bangladeshi human resources.

The Dhaka chamber president Taskeen Ahmed said that the DCCI was one of the largest trade organisations in Bangladesh representing the SME sector. For more than six decades, it has worked to develop a favourable business environment for local and foreign trade and investment, he added.

He recommended that for the skill development initiative, both DCCI Business Institute and Abu Dhabi School of Business could work together in the coming days.

He mentioned that, in 2024, Bangladesh’s imports from the UAE amounted to $1,352.9 million and its exports to the UAE were $402.63 million.

He said that the UAE entrepreneurs had already invested $321.67 million in Bangladesh in various sectors.

He invited UAE investors to invest in Bangladesh’s renewable energy, infrastructure, logistics, information technology, tourism and healthcare sectors.

He also requested the UAE businesses to hire Bangladeshi workers skilled in information technology, textile and engineering.

He also asked them to import agricultural products, readymade garments, jute products and medicines from Bangladesh.

Businesses from both countries were present at the business forum.​
 

Bangladesh interim govt chief welcomes investment proposals from UAE
Bangladesh Sangbad Sangstha . Dhaka 07 May, 2025, 20:04

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Cabinet minister of Tolerance and Coexistence of the UAE, Sheikh Nahayan Bin Mobarak Al Nahayan, meets with Bangladesh interim government chief adviser Professor Muhammad Yunus at the State Guest House Jamuna in Dhaka on Wednesday. | CA press wing

Bangladesh interim government chief adviser Professor Muhammad Yunus on Wednesday thanked the United Arab Emirates for making significant progress towards resuming visas for Bangladeshi nationals and welcomed investment proposals from the country in various sectors.

Professor Yunus conveyed his gratitude to Sheikh Nahayan Bin Mobarak Al Nahayan, Cabinet Minister of Tolerance and Coexistence of the UAE, who led a high-level delegation in a meeting with the Chief Adviser at the State Guest House Jamuna here, Chief Adviser's Deputy Press Secretary Abul Kalam Azad Majumder told BSS.

The UAE delegates, led by Al Nahayan, also a former minister for higher education, arrived in Dhaka at 2:45pm on a short visit when they were received by Chief Adviser's Special Envoy Lutfey Siddiqi at the Hazrat Shahjalal International Airport.

Ahmed Bin Ali Al Sayegh, minister of state, ministry of foreign affairs, UAE, Mohammed Abdul Rahman Al Hawi, under secretary of the ministry of investment, were part of the delegation.

‘I am here under the instruction of our President to express solidarity and underline our friendship with Bangladesh,’ Al Nahayan told the Chief Adviser.

‘We appreciate the enhanced dialogue that our two governments have been arranging in recent times. We wish to assure and collaborate in all areas from investment to visas,’ Al Nahayan said.

Appreciating the gesture, chief adviser Professor Yunus said, ‘We welcome the engagement and support, we also welcome investment in a range of industries.’

Mentioning the relaxation of visa regime, the Chief Adviser said, ‘Thank you for opening the door. A few steps still need to be taken, we hope that we will remain engaged and resolve those issues.’

The UAE recently started issuing 30 to 50 visit visas on daily basis.

Bulk visas for business delegations have also been expedited in recent weeks. In addition, the online system for skilled employment visas has been re-activated by the Ministry of Human Resources.

Visas for marketing managers, hotel staff, etc. have been issued via this route in recent weeks.

Furthermore, five hundred visas for security guards have just been issued with another thousand approved in the immediate pipeline.

UAE ambassador in Dhaka Abdullah Ali Al Hmodi and Bangladesh Ambassador to UAE Tareq Ahmed were also present at the meeting.

The UAE delegates left Bangladesh after the meeting.​
 

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