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Yusuf Bin Ahmed Kanoo Group

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Yusuf Bin Ahmed Kanoo
يوسف بن أحمد كانو
Company typePrivate
Founded1890; 134 years ago (1890)
HeadquartersManama, Bahrain
Key people
Mubarak Bin Jassim Bin Kanoo
(Group Chairman & Chairman, Bahrain)
WebsiteOfficial website

Established in 1890, the Yusuf Bin Ahmed Kanoo Group of Companies, named after its founder, is among the oldest pan-Persian Gulf conglomerate with commercial enterprise activities in Saudi Arabia, Bahrain, the United Arab Emirates, Oman, Yemen and Qatar.[1]

History

The Kanoo's beginning as traders in Bahrain, which at the time was a British protectorate, the Kanoo family expanded into shipping, sending different branches of the family to establish themselves - eventually becoming citizens - in the UAE, Oman and Saudi Arabia. Today, the Kanoo Group activities in each of the countries is managed by the local family wing, though they all remain under the ultimate control and ownership of the Bahrain-based Yusuf Bin Ahmed Kanoo Holdings.

The company grew during the 1970s oil boom from a trading and shipping business into one of the most diversified companies in the region, involved in travel, holidays, machinery, oil & gas, power and industrial projects, exhibition services, logistics, and other retail and commercial activities.

In May 2011, Yusuf Bin Ahmed Kanoo was awarded the Outstanding Sales Achievement Award for 2010’ by Korean Air.[2]

About Kanoo Group

Yusuf Bin Ahmed Kanoo W.L.L is one of the largest & oldest independent, family owned group of companies in the Persian Gulf region. Established in 1890 by Haji Yusuf Bin Ahmed Bin Kanoo, the group grew from its early trading and shipping business to become one of the most diversified and highly regarded business houses in the Persian Gulf region and beyond.

The Kanoo Group is a diversified business conglomerate with business activities across the world's most dynamic industries from Shipping, Travel, Holidays, Machinery, Oil & Gas, Power & Industrial Projects to Exhibition services, Courier Services, Logistics, Specialty Chemicals, Business Centers and other retail & commercial activities. It operates the largest travel and leisure company in the Middle East.[citation needed]

In addition, The Kanoo Group has a history in forming joint ventures with companies serving the service and industrial sectors such as AXA Insurance, Maersk, BASF, Johnson Arabia, Akzo Nobel, Freightworks, Larsen & Toubro to name a few.[citation needed]

Major divisions of YBA Kanoo:

  1. Travel & Holidays
  2. Shipping
  3. Cargo
  4. Commercial
  5. Machinery
  6. Chemicals
  7. Properties
  8. Oil & Gas
  9. Information Technology
  10. Power & Industrial Projects
  11. Insurance
  12. Retail
  13. Foreign Exchange
  14. Construction
  15. Airport Services
  16. Aviation Sector
  17. Hotels
  18. Drinking Water
  19. Ship Repair
  20. Engineering
  21. Manufacturing

YBA Kanoo Operates in:

  1. Bahrain
  2. Saudi Arabia
  3. United Arab Emirates
  4. Oman
  5. Qatar
  6. Yemen
  7. India
  8. Egypt
  9. United Kingdom
  10. France

References

  1. ^ Anthony Shoult (2006). Doing Business with Saudi Arabia. GMB Publishing Ltd. p. 618. ISBN 978-1-905050-67-3. Retrieved 9 December 2013.
  2. ^ "Yusuf Bin Ahmed Kanoo (GSA) Wins 'Outstanding Sales Achievement Award for 2010' From Korean Air | PRLog". prlog.org. 2011. Retrieved 25 August 2011. Outstanding Sales Achievement Award for 2010' by Korean

Official website


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