Category Archives: General
Emarat Al Youm, a newspaper in Dubai, published an article about the new strategy “Dubai – Capital of the Islamic economy” to attract foreign investment in Dubai (click here to read). The proposal was created by H.E. Dr. Mohammed Al Zarooni, general director of DAFZA and incorporates three main directives and twenty strategic initiatives, that aim to bolster the economic growth in the Islamic world. The initiative, that will be implemented in the next five years, places DAFZA as the focal point of this economy, specially in the HALAL sector. This new strategy supports existing investors as well as companies that are looking to expand their business and invest in the Islamic economy.
The publication, along with other media that picked up the story, mentioned Spanish Kits as one the most important companies in the HALAL sector in Dubai.
Currently DAFZA is home to the most important HALAL companies, including Hershey’s, Abbot Laboratories, Natura Bisse y Spanish Kits.
- Emarat Al Youm
Spanish Kits was certified as a HALAL company in 2016 and it is the first one in Spain to obtain the HALAL certification. To reach out to the Arab market, Spanish Kits develops a series of initiatives, such as the creation of their own cosmetic brand ZERO%, in which the whole product range is produced according to the Islamic law. The brand ZERO% also displays two different collections, one in Spanish writing and the other in Arabic. Also, the opening of our subsidiary in Dubai helps us become closer to our Muslim customers.
Nowadays, there are a billion of Muslims in the world and the forecast is that they will reach the 2.2 billion by 2030. These are people that demand products that do not compromise their faith and therefore they become relevant in the international markets. Until now, the word HALAL has always been connected to the food industry, but it starts to extend to other industries: fashion, drugs, tourism and specially the cosmetic industry. In 2016, the industry was worth 50 billion euros and the expenses in cosmetics by the Islamic population are expected to grow to 65 billion euros by 2019, according to the report “The estate of global Islamic economy” from Thomson Reuters.
Furthermore, the HALAL certification is becoming more than just a religious term, and more and more people are demanding HALAL cosmetics, as they do not contain animal fat or alcohol. The HALAL trademark is becoming synonymous to comprehensive regulation, eco-friendly products and non-toxic ingredients.
The Spanish Confederation of Small and Medium Enterprises (CEPYME), together with the Spanish Federation of self-employed professional (CEAT), in order to distinguish Spanish SMEs and freelancers who have excelled in the performance of their work in the service of society, both in Spain and abroad, they convened the II edition of CEPYME Awards.
The CEPYME Awards recognize an important group of entrepreneurs who are motor and pulse of the economy and society. This is the case of Spanish Kits that has won a nomination in the category SME International Development.
The awards ceremony was held on November 4th, under the chairmanship of His Majesty the King, Felipe VI, and as a special guest the Minister of Finance Cristobal Montoro. The jury’s decision was announced, leaving Spanish Kits Company among the three finalists.
After several stages of selection, Spanish Kits obtained a place among the finalists from 318 nominations that were submitted for the award, thanks to various factors, which include, its internationalization strategy, self-structures development or through third parties outside Spain, human resources for internationalization, media and financial resources for internationalization, trade promotion and communication activities outside Spain as well as the economic impact of international activity.
Among other categories highlighted, Technological Innovation, Job Creation, Independent Entrepreneur Project and Entrepreneur of the Year.
Spanish Kits Company thanks the jury, composed of experts from different political, social, academic and business related to SMEs, for taking into account our work in international development.
Spanish Kits Company has recently established a new subsidiary, Spanish Kits FZE, in Dubai, created to offer all our clients in the Middle East a more direct and local service.
The new organisation offers permanent exhibitions of all our products and kits in its offices, based on the ground floor of the 7W building in the Dubai Airport free zone. Situated at the meeting point of Europe, Asia and Africa, the area provides access to more than 2,500 million consumers. World-leading organisations from diverse industry sectors have established themselves, like us, in this modern business park due to its excellent strategic location.
We are very optimistic about this new project, confident that we can continue to offer our clients the highest quality service.