Fujairah Crown Prince Sheikh Mohamed bin Hamad al-Sharqi paid a visit to Oryx Industries in the emirate, whose major investors include Qatar-based State Holding.
The Crown Prince was received by Sheikh Mohamed bin Suhaim al-Thani, chairman of State Holding Group (Qatar) and the majority shareholders in Oryx Industries. 
This is one of the biggest industrial assets for the State Holding Group, which has investments across sectors in the Mena region.
Abdullah al-Shaheen, Oryx Industries chairman and State Holding Group (Qatar) deputy chairman and managing director of State Holding Group, briefed the crown prince on the accomplishments made by the group and the new expansions achieved by its subsidiaries.
The Crown Prince visited the Group’s quarries while being briefed on its expansion projects that have contributed to boosting Fujairah’s ranking as a major exporter of quarry products and building materials among the GCC countries. Qatar accounts for 90% of the emirate’s total export markets. 
Al Shaheen said, “The investor-friendly climate in Fujairah, the consistent and stable legislative framework, the collaboration of stakeholders, the existing investment opportunities and the provision of infrastructure and logistics facilities, have all served as the cornerstones for achievements made by the group, within a short span of time. The group is now considered as one of the top contributors to the emirate’s ongoing urban and commercial development, through its operations in quarry products and ready-mix concrete.”