Al-Mulla Group

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AlMulla Group Holding Co.
Joint Stock Holding Co.
Industry Diversified Conglomerate
Founded Kuwait 1938
Founder Abdullah Saleh Al Mulla
Headquarters Kuwait City, Kuwait
Key people

Najeeb AlMulla (Chairman)

Anwar Abdulla AlMulla (Deputy Chairman & Chief Executive Officer)

Talal Anwar AlMulla (Deputy Chief Executive Officer)

Minoo Patel (Chief Financial Officer)

Abdulla Najeeb AlMulla (Chief Administration Officer)

Danah Anwar AlMulla (Chief Strategic Officer)

Imad S. Flayhan (Director - Automotive Group)

Hormuzda Davar (Director - Financial Services Group)

Rajesh Srivastava (Director - Engineering Group)
Products Automotive, Financial Services, Engineering, Manufacturing, Trading, Investments
Website www.almullagroup.com

Al-Mulla Group is a diversified privately held business group in Kuwait with over 15,000 employees operating in 8 countries through more than 40 companies, and affiliations with over 200 international brands and companies. The Group's operations range from automotive and heavy equipment distribution and servicing, electro-mechanical contracting, civil construction, diversified manufacturing to consumer & corporate financing, investments, insurance, healthcare, education, real estate, office automation and industrial product distribution, rental and leasing of vehicles and heavy equipment, and money exchange services.

Established in 1938[1] by then Secretary of State Abdullah Saleh Al Mulla,[2] the Group started out when the late Mr. AlMulla partnered with a friend named Saleh Jamal to set up an electrical and domestic appliance store, soon acquiring the GEC franchise from the United Kingdom. A few years later, Abdulla AlMulla bought Saleh Jamal's shares in the company, handing over management to his eldest son Bader. In 1947, the Bader AlMulla and Brothers Company was created, soon acquiring the rights to distributor Chrysler vehicles in Kuwait. Business expansion later followed into areas of marine products, HVAC contracting, travel and industrial equipment distribution.[2]

History[edit]

Following the founder's death in 1955, his eldest son Bader became chairman until 1969, with his brothers Najeeb and Anwar becoming his successors; Najeeb as Chairman, and Anwar as Deputy Chairman & CEO. Three years later, the Maseelah Trading Company was founded in 1972.[2] Maseelah Trading acquired the distribution rights for Mitsubishi Motor Vehicles in Kuwait immediately, which led to dramatic growth in the automotive business for the Group.

In 1978, radical changes were made to the company by the shareholders. A multinational board was appointed, defying the local tradition of having a board composed of only family members. The Group ventured into different businesses such as environmental systems, vehicle rental and leasing, fire protection, office equipment, security services, engineering products, consumer appliances and insurance consultancy. The Group continued to expand and enhance its operations into the 1980s up to today, searching for new opportunities and diversifying its operations in new fields and in new locations in the Middle East.[2] Today, the Group operates through 40+ subsidiaries and affiliates under the umbrella of AlMulla Group Holding Company.

Subsidiaries/Associates/Affiliates/Investments[edit]

Name Country
Bader AlMulla & Bros. Company W.L.L. Kuwait Kuwait
Maseelah Trading Company W.L.L. Kuwait Kuwait
Saleh Jamal & Co. W.L.L. Kuwait Kuwait
AlMulla Insurance & Re-Insurance Broking Company Kuwait Kuwait
AlMulla Travel Bureau Kuwait Kuwait
AlMulla Rental & Leasing Company K.S.C.C. Kuwait Kuwait
AlMulla International Exchange Company K.S.C.C. Kuwait Kuwait
AlMulla Cleaning & Maintenance Services Company W.L.L. Kuwait Kuwait
AlMulla Environmental Systems W.L.L. Kuwait Kuwait
AMG Steel & Systems Company PVT LTD. India India
AlMulla General Trading for Safety, Security & Fire Systems & Equipment Company Kuwait Kuwait
Larsen & Toubro Kuwait Contracting & General Trading Company Kuwait Kuwait
AlMazayah AlOulah Trading Company L.L.C. United Arab Emirates UAE
AlMazayah AlThaniyah Trading Company L.L.C. United Arab Emirates UAE
Modern Exchange Company Oman Oman
AlMulla & Behbehani Motors Company W.L.L. Kuwait Kuwait
AlMulla Security Services Company Kuwait Kuwait
Nasser Bin Khaled & AlMulla Cars Rent Co. W.L.L. Qatar Qatar
Al Soor Financing Company K.S.C.C. Kuwait Kuwait
Khadamat Marketing Services Company Kuwait Kuwait
SAMA Medical Services Company Kuwait Kuwait
Diamond International Motors Egypt Egypt
Iraq International Import, Export & Commission Agent Company Iraq Iraq
Kuwait Institute for Science & Technology Kuwait Kuwait
AlMulla Industries Kuwait Kuwait
AlMulla International Motors Kuwait Kuwait
AlMulla International General Trading for Furniture & Office Equipment Company Kuwait Kuwait
Kuwait International Advanced Industries Company K.S.C.C. Kuwait Kuwait
National Takaful Insurance Company K.S.C.C. Kuwait Kuwait
AlMulla Real Estate Company Kuwait Kuwait
AlMulla International Financing Company K.S.C.C. Kuwait Kuwait
Diamond Motors Company Egypt Egypt

References[edit]

  1. ^ "The AlMulla Group, 2007". Retrieved 2007-09-23. 
  2. ^ a b c d "AlMulla Group Historical Background, 2007". Archived from the original on 8 September 2007. Retrieved 2007-09-23.