Al-Mulla Group
| 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
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
| Name | Country |
|---|---|
| Bader AlMulla & Bros. Company W.L.L. |  Kuwait |
| Maseelah Trading Company W.L.L. | Kuwait |
| Saleh Jamal & Co. W.L.L. | Kuwait |
| AlMulla Insurance & Re-Insurance Broking Company | Kuwait |
| AlMulla Travel Bureau | Kuwait |
| AlMulla Rental & Leasing Company K.S.C.C. | Kuwait |
| AlMulla International Exchange Company K.S.C.C. | Kuwait |
| AlMulla Cleaning & Maintenance Services Company W.L.L. | Kuwait |
| AlMulla Environmental Systems W.L.L. | Kuwait |
| AMG Steel & Systems Company PVT LTD. |  India |
| AlMulla General Trading for Safety, Security & Fire Systems & Equipment Company | Kuwait |
| Larsen & Toubro Kuwait Contracting & General Trading Company | Kuwait |
| AlMazayah AlOulah Trading Company L.L.C. |  UAE |
| AlMazayah AlThaniyah Trading Company L.L.C. | UAE |
| Modern Exchange Company |  Oman |
| AlMulla & Behbehani Motors Company W.L.L. | Kuwait |
| AlMulla Security Services Company | Kuwait |
| Nasser Bin Khaled & AlMulla Cars Rent Co. W.L.L. |  Qatar |
| Al Soor Financing Company K.S.C.C. | Kuwait |
| Khadamat Marketing Services Company | Kuwait |
| SAMA Medical Services Company | Kuwait |
| Diamond International Motors |  Egypt |
| Iraq International Import, Export & Commission Agent Company |  Iraq |
| Kuwait Institute for Science & Technology | Kuwait |
| AlMulla Industries | Kuwait |
| AlMulla International Motors | Kuwait |
| AlMulla International General Trading for Furniture & Office Equipment Company | Kuwait |
| Kuwait International Advanced Industries Company K.S.C.C. | Kuwait |
| National Takaful Insurance Company K.S.C.C. | Kuwait |
| AlMulla Real Estate Company | Kuwait |
| AlMulla International Financing Company K.S.C.C. | Kuwait |
| Diamond Motors Company | Egypt |
References
- ↑ "The AlMulla Group, 2007". Retrieved 2007-09-23.
- 1 2 3 4 "AlMulla Group Historical Background, 2007". Archived from the original on 8 September 2007. Retrieved 2007-09-23.