Al Mulla Group Holding Co.

Company type	Joint Stock Holding Co.
Industry	Diversified conglomerate
Founded	Kuwait 1938
Founder	Abdullah Saleh Al Mulla
Headquarters	Kuwait City, Kuwait
Key people	Najeeb Abdulla Al Mulla (Chairman) Anwar Abdulla Al Mulla (Deputy Chairman) Talal Anwar Al Mulla (Chief Executive Officer)
Products	Automotive, Financial Services, Engineering, Manufacturing, Trading, Investments, Real Estate, Healthcare, Education
Website	www.almullagroup.com

Al Mulla Group is a diversified privately held business group based in the State of Kuwait with operations in 8 countries. With over 15,000 employees working in more than 40+ companies, Al Mulla Group today has affiliations with over 200 leading international brands and companies. The Group's operations include automotive and heavy equipment distribution and servicing, electro-mechanical contracting, civil construction, power, manufacturing, 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.

History

Established in 1938 ^[1] by then Secretary of State Abdullah Saleh Al Mulla, ^[2] the Group started out when the late Mr. Al Mulla set up an electrical and domestic appliance store, soon acquiring the GEC franchise from the United Kingdom. In 1947, the Bader Al Mulla and Brothers Company was created and later acquired the rights to distribute Chrysler Middle East, Plymouth and Dodge Middle East vehicles in Kuwait. Expansion followed into areas of marine products, HVAC contracting, travel and industrial equipment distribution. ^[2]

Starting in 2003, the Group expanded into several new areas which today are leaders in each of their fields. These include the money exchange, healthcare and education sectors, while the other core areas of Automotive and Engineering continued to grow significantly in size and market share.

In 2018, Daimler AG, the owner of the Mercedes-Benz brand, selected Al Mulla Group as its new sole distributor in Kuwait for both Passenger Cars as well as Trucks and Buses. ^[3] Al Mulla Group, through its fully owned subsidiary Al Mulla Automobiles Co., opened the first Mercedes-Benz showroom in Kuwait in January 2019. ^[4]

In December 2019, Al Mulla Group sealed a deal with XCMG, the largest manufacturer of construction machinery in China, to be its sole distributor in Kuwait. ^[5]

Business Divisions

• Automotive
• Engineering
• Financial Services
• Trading & Manufacturing
• Rental & Leasing
• Education
• Healthcare
• Real Estate ^[6]

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, leading to dramatic growth in the group's automotive business.

In 1978, radical changes were made to the company: A multinational board was appointed, instead of a board of only family members. The Group entered additional businesses such as environmental systems, vehicle rental and leasing, fire protection, office equipment, security services, engineering products, consumer appliances and insurance consultancy. ^[2] Presently, the group operates through 40+ subsidiaries and affiliates under the umbrella of Al Mulla Group Holding Company.

Subsidiaries/Associates/Affiliates/Investments

Name	Country
Bader Al Mulla & Bros. Company S.P.C.	Kuwait
Maseelah Trading Company S.P.C.	Kuwait
Al Mulla National General Trading Company	Kuwait
Al Mulla Re-Insurance Broking Company	Kuwait
Al Mulla Travel Bureau	Kuwait
Al Mulla Rental & Leasing Company K.S.C.C.	Kuwait
Al Mulla International Exchange Company K.S.C.C.	Kuwait
Al Mulla Cleaning & Maintenance Services Company W.L.L.	Kuwait
Al Mulla Environmental Systems W.L.L.	Kuwait
AMG Steel & Systems Company PVT LTD.	India
Al Mulla General Trading for Safety, Security & Fire Systems & Equipment Company	Kuwait
Al Mazayah Al Oulah Trading Company L.L.C.	UAE
Al Mazayah Al Thaniyah Trading Company L.L.C.	UAE
Modern Exchange Company	Oman
Al Mulla & Behbehani Motors Company W.L.L.	Kuwait
Al Mulla Security Services Company	Kuwait
G4S Kuwait	Kuwait
Nasser Bin Khaled & Al Mulla Cars Rent Co. W.L.L.	Qatar
Al Soor International Holding 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 College of Science & Technology	Kuwait
Al Mulla Industries	Kuwait
Al Mulla International Motors	Kuwait
Al Mulla International General Trading for Furniture & Office Equipment Company	Kuwait
National Takaful Insurance Company K.S.C.C.	Kuwait
Al Mulla International Real Estate Development Company	Kuwait
Al Mulla Automobiles For Buying & Selling Cars	Kuwait
Al Mulla National Contracting Company	Kuwait
Al Mulla International Financing Company K.S.C.C.	Kuwait
Diamond Motors Company	Egypt
Al Mulla Automobiles Co. [7]	Kuwait

References