The Mohammed bin Rashid Housing Establishment has signed a Memorandum of Understanding (MoU) with Grandios Supermarket, aimed at enhancing collaboration between the public and private sectors. This agreement will explore the feasibility of providing retail services, consumer goods, and essential needs to residents in housing communities managed by the establishment, ultimately promoting service integration and improving their quality of life.
Signing Ceremony in Dubai
The memorandum was officially signed at the headquarters of the Mohammed bin Rashid Housing Establishment in Dubai. The ceremony was attended by His Excellency Mohammed Hassan Al Shahi, the Executive Director of the Mohammed bin Rashid Housing Establishment, along with Ghassan Aboud, Chairman of Ghassan Aboud Holding. The signing was conducted by Noura Mohammed Al Rumaithi, Assistant Executive Director for the Housing Sector, and Ahmad Aboud, Chief Financial Officer at Ghassan Aboud Holding.
Framework for Collaboration
This MoU establishes a framework for cooperation that will leverage Grandios’s expertise in the retail sector. It will examine the potential to provide services and products that meet the daily needs of residents within these communities. Furthermore, the memorandum includes the evaluation of future investment collaboration opportunities, aligning with the laws and regulations applicable to the establishment, thereby supporting sustainable development goals within the housing sector.
Commitment to Community Enhancement
Noura Mohammed Al Rumaithi stated that the establishment is committed to bolstering the attributes of integrated residential communities by studying residents’ needs and fostering partnerships that enhance available services. The agreement enables the exploration of collaborative opportunities with Grandios, allowing the establishment to benefit from their retail experience, which will facilitate access to daily necessities close to home and enhance families’ comfort and overall quality of life.