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The Al Rostamani Group
is one of the largest conglomerates in the United Arab
Emirates. Its main areas of activities are automobiles,
heavy vehicles, spare parts & services, travel related
products, foreign exchange, real estate, land development,
building industry related products, infrastructure development,
electronic communications and general trading.
The group is financially strong with
hardly any loan commitments for its normal operations.
The net assets are in excess of US$ 1 billion and the
group employs over 3000 people.
The success of the group has largely
been due to its ability to forge long standing alliances,
joint ventures, dealerships and licence arrangements
with leading worldwide organisations such as Nissan,
Michelin, Castrol, Renault and General
Electric. These relationships have been carefully nurtured
so that the Al Rostamani Group now touches the lives
of people in the UAE and other GCC countries in many
different ways. Investment in several european countries
and relationships with Japanese, British, French, German,
Dutch and Indian companies are steps to spreading its
influence further afield.
The Al Rostamani Group is poised for
globalisation and always willing to discuss new projects
and ventures with potential partners.Managing such large
and diverse business interests is a challenge. To do
so effectively, the Group relies on sound leadership,
talented managers and a skilled workforce.
Ongoing training and development, coupled
with careful succession planning, will ensure the Group
is positioned to handle future growth.Its young directors,
educated in US business schools, are ready to develop
the Group's vast potential. Guided by the founders and
supported by experienced business professionals, this
second generation will unlock the promise of the new
century.
The Group consists of about 16companies,
many solely owned, other majority owned. Most are housed
in the Group's new headquarters, ideally located in
the heart of Dubai's business district. The modern,
nine storey building provides ample space, excellent
facilities and the latest high-tech features.
The Group also has noteworthy minority
interests in two local banks, an insurance company and
a daily newspaper. It recently gained a significant
interest in a state-of-the-art tea blending and packaging
plant in the UK, and regularly invests in international
portfolios through reputable investment banks. These
latter holdings form a substantial proportion of its
assets.
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