Yusuf Bin Ahmed Kanoo

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

[edit] History

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.

[edit] Operations

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Yusuf Bin Ahmed Kanoo is the largest travel agent in the Persian Gulf, among the larger shipping agents and freight forwarders in the region, and a regional major in power generation, machinery & heavy equipment (representing companies such as Grove, Hyster, Bobcat, Massey Ferguson, and Lincoln Electric), as well as oil & gas services, real estate development and finance. They are recognized as among the most diversified business groups in the Middle East.