Leading Dubai Company Expanding Into Ontario, Launching Partnership
TORONTO, Jan. 29 /CNW/ - S.S. Lootah, a leading business conglomerate
based in Dubai, has announced the opening of an office in Ontario. Earlier in
the day, the company signed an MOU with Ontario based KMH Cardiology and
Diagnostic Centres. Minister of Small Business and Entrepreneurship Harinder
Takhar attended both announcements, which are a result of a recent trade
mission to the Middle East led by Minister Takhar.
"Its great to see that the connections made during our Trade Mission to
the Middle East are already paying off," said Takhar. "In today's global
economy it is crucial that our business community explore opportunities all
over the globe and that we promote Ontario as a destination for success."
Minister Takhar met with S.S. Lootah group during the Trade Mission and
Neena and Vijay Kanwar of KMH were among some 20 delegates that travelled to
Abu Dhabi, Dubai, and Egypt to explore opportunities in the booming economic
region. The mission was organized by Women Engaged in Bridge Building (WEBB)
Canada and took place in November 2007.
The MOU signed between KMH labs and S.S. Lootah International is for the
establishment and operation of healthcare facilities in Dubai and the United
Arab Emirates. "We are delighted to have reached mutual understanding with SS
Lootah International to partner in healthcare facilities in Dubai and
throughout the United Arab Emirates," says Vijay Kanwar, President and CFO of
KMH. "Going on the Middle East Trade Mission with Minister Takhar was very
worthwhile and our company is now going global."
S.S. Lootah International is a leading business conglomerate based in
Dubai with a long and well-established presence in the U.A.E and interests in
a number of sectors including construction, real estate developments, and IT
and financial services. The new office is their first in Ontario. "We chose
Ontario because of its highly skilled workforce, good business climate and
many competitive advantages," says Eng. Yahya Lootah, Vice-Chairman of SS
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For further information:
For further information: Sarbjit Kaur, Minister's Office, (416)
326-1939; Aneesa Ghany, Communications Branch, (416) 325-6998