Al Rostamani Group in Dubai Directory
The Al Rostamani Group is one of the largest conglomerates in the United Arab Emirates with its influence spreading into other GCC countries through its trading activities.Its main areas of activity are in 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 550 million 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 Michelin, Castrol, Renault Trucks 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. We knew little of the world beyond our sandy shores and clear blue waters. The world knew even less of us, the people of the Arabian Gulf. Who would have dreamed that things could change so dramatically? When I look back at our humble beginnings, I can hardly believe our business and our country have come so far, so fast. I was only 15 years old when I began working as a clerk. At the time, some of my countrymen still made a living from pearl diving. Life was simple; our needs were few. Nobody knew then what lay in store : the development of our vast oil resources, the birth of a nation,the building of our infrastructure,the swift growth of our economy. This bright future was yet to unfold when, in 1954, my brother Abdul Wahed and I established the Al-Ahliya Library, Dubais first bookshop. It was also our first undertaking as entrepreneurs. Several years later, we started a general trading company that would eventually become Al Rostamani Group. Business increased steadily, with the growth of Dubai and other emirates, throughout the 1960s. With federation in 1971, commercial opportunities exploded. Under the guidance of insightful leaders, the UAE was transformed seemingly overnight, into a powerful economic center of worldwide significance. As in the past, Al Rostamani Group will participate in the further development of Dubai and the UAE. We also see promise beyond our national borders. One of our major objectives is to pursue opportunities both regionally and globally. We look forward to doing so with new, as well as existing partners. We have come a long way since the days when pearl diving was one of the mainstays of our economy. Now, in the new millennium, the world is our oyster. Al Rostamani Group, headquartered in Dubai, is one of the largest conglomerates based in the United Arab Emirates. The Group touches lives of many people, in many ways. It consists of several disparate businesses. Whilst the Group does not rely on a core competence concept, its development has grown around well - defined sectors. Its activities comprise automobile and heavy equipment sales and service; general trading; real estate and construction; finance, travel and information technology services; logistics and manufacturing. With net assets of well over US 1 billion, the Group provides direct and indirect employment to more than 3,000 people. Many of its subsidiaries run with little or no debt. Success has largely been built on strategic alliances, joint ventures and partnerships. The Group conducts business with a host of the worlds leading corporations. Partners include industry giants such as Renault Trucks, Thomas Cook, Michelin, Castrol amongst others.
Address: P.O.Box:30420 Dubai, U.A.E.