Al-Mulla Group
From Wikipedia, the free encyclopedia
| Al-Mulla Group | |
|---|---|
 |
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| Type | Joint Stock |
| Founded | Kuwait |
| Founder | Abdullah Saleh Al-Mulla |
| Headquarters |  Kuwait City, Kuwait |
| Key people | Najeeb Al Mulla (Chairman) A Narenthiran (Managing Director) Minoo Patel (Finance Director) |
| Industry | Multi-line |
| Products | Diversified Trading |
| Website | www.almullagroup.com |
Established in 1938[1] by then Secretary of State Abdullah Saleh Al-Mulla[2], Al-Mulla is one of Kuwait's leading business groups. Its operations range from trading, engineering, manufacturing to consumer financing and services.
The establishment started out when Abdullah partnered up with Saleh Jamal to set up an electrical and domestic appliance store, soon acquiring the GEC franchise from the United Kingdom. Nine years later, in 1947, the Bader Al-Mulla and Brothers Company was set up acquiring the rights to become a distributor for Chrysler vehicles. Business expansion later followed into areas of marine products, air conditioning, travel and equipment supply[2].
Following the Founder's death in 1955, his son Bader became chairman until 1969, when his brother Najeeb became his successor. Three years later, the Maseelah Trading Company was founded in 1972[2].
In 1978, some radical changes were made to the company by Najeeb Al-Mulla and shareholders. A multinational board was appointed, radically changing the company's market position. The group then wandered into different markets such as environmental systems, vehicle rental and leasing, fire protection, office equipment, security services, engineering products, computers and insurance consultancy. The group continued to expand and enhance its operations into the 1980s[2].
Now, the group has entered various markets and has proven to become one of the most successful business groups in both Kuwait and the Middle East.
