GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

Emirati conglomerate has shaped the landscape of the UAE for six decades

Dubai, UAE, 19 February 2018 –   Established in 1958 by brothers Saeed and Mohammed Al Naboodah as a modest trading venture with a capital investment of only 2,000 rupees, Saeed & Mohammed Al Naboodah Group comprise one of the UAE's oldest and most respected Emirati conglomerates with a diverse portfolio of businesses, today. This year, the Group is commemorating its 60th anniversary milestone with a year-long celebration, themed '60 Years of Excellence'. 

Saeed & Mohammed Al Naboodah Group's 60th anniversary coincides with the Year of Zayed, underscoring the vision and foresight of the UAE's founding father, Sheikh Zayed bin Sultan Al Nahyan. In setting the foundations of modernity, the late Sheikh Zayed also instilled the importance of cultural preservation; a belief deeply rooted in the vision of the company today.  

Abdullah Mohammed Juma Al Naboodah, Group Chairman of the Saeed & Mohammad Al Naboodah Group, commented: “Over the past six decades, Saeed & Mohammed Al Naboodah Group, has embraced the values of the late Sheikh Zayed. His vision has paved the path for our success, and his desire to preserve the roots of our heritage remain deeply embedded in the fabric of our organisation today. As the Al Naboodah brand celebrates 60 years of operations, 60 years of heritage and 60 years of excellence, it is with great pride that we mark this significant milestone during the ‘Year of Zayed', and continue his legacy in shaping the nation and working towards a sustainable future.” 

The Saeed & Mohammed Al Naboodah Group has played an integral role in shaping the physical and socio-economic landscape of the UAE. The Group's expanding portfolio supports the UAE Vision 2021's shift towards a diversified economy, and with a robust governance and sustainability framework, they are ensuring its success for another 60 years and beyond.  

Today, three generations of the Al Naboodah family are heavily integrated in the business, playing a vital role in ensuring that the values of its forefathers are upheld, while embracing change to ensure a future for both the business and future Al Naboodah generations.  

60 Years of Excellence: A Timeline of Milestones 

1950s-60s

In 1958, the Saeed and Mohammed Al Naboodah Group began trading in agricultural machines in a small shop in Deira. In the late 1960s, the business expanded into construction with the launch of Al Naboodah Contracting. Initially focused on residential and commercial building projects, the company soon diversified into major road and civil works while building the reputation for trust and excellence the Al Naboodah brand is known for today. 

1970s

The 1970s witnessed further diversification into new, emerging sectors. Al Naboodah Travel was formed in 1973 and is today the General Sales Agent representing 10 major international airlines. Two years later, the Group added real estate to its growing portfolio with the launch of Al Naboodah Real Estate. In the late 70s, SMKA Electric was formed as a distributor of electrical goods, and by 1979 Swaidan Trading was established as Saeed & Mohammed Al Naboodah Group's main trading arm. It has since become a successful distributor of a portfolio of global brands in the commercial vehicle, heavy equipment, automotive, motorcycle and agriculture sectors.  

1980s-90s

Over the next two decades in the 1980s and 1990s, the Group was focused on growing its diverse business streams, firmly establishing the Al Naboodah brand both within the UAE and regionally, as well as tapping into international markets. A rubber business was formed due to an exclusive partnership with Goodyear tyres, and in the mid-80s Al Naboodah Cargo Centre was introduced to meet the demands of growing trade in the region. By then, the Group's approach to self-delivery and self-supply was also being practiced across its various businesses, and in 1994, ARCON (Al Naboodah Ready-Mix Concrete) was launched to support its own construction needs. 

2000s

With the turn of the new millennium, the 2000s also welcomed a refreshed brand image introducing the now well-recognised sun-wheel logo depicting Al Naboodah's diverse businesses. The 2000s also saw a boom in construction, and Al Naboodah Construction Group witnessed significant growth, securing projects for some of the UAE's most iconic developments. In 2006, National Plant & Equipment was set up to self-deliver on the Group's heavy equipment requirements, and the MEP and Specialist Services businesses were established. In 2008, the Saeed & Mohammed Al Naboodah Group ushered in its 50th year of operations. 

2010s – present 

By 2016, Al Naboodah Group Enterprises (ANGE) was established to undertake the management of the Saeed & Mohammed Al Naboodah Group's operating businesses, with most functions relocated to the new corporate headquarters in Al Awir. The exception was only Al Naboodah Real Esate, which remains under the leadership of Saeed & Mohammed Al Naboodah Holding LLC. 

Under a new executive leadership team, ANGE formalised its approach to corporate governance and created a sustainability framework. That same year, ANGE issued its first Sustainability Report, and this year it has been prepared in accordance with the Global Reporting Initiative (GRI) Standards: Core option and for the first time conducts the GRI Content Index Service.

In the past year, ANGE has continued its path of growth and diversification, adding to its brand portfolio and launching new businesses, including Al Naboodah Design Spaces, specialising in design and fit-out. In 2018, we have already launched two new set ups, our new facilities management company and a renewable energy business stream too.

Through continued diversification, innovation and a strong commitment to sustainability, Al Naboodah Group Enterprises is working to ensure another 60 years of excellence and beyond.  

Awards and Recognition

In 2017, Al Naboodah Group Enterprises became the first company in the UAE to be awarded the UAE's Happiest Workplace by the Ministry of Human Resources & Emiratisation, in addition to being recognised for its excellence in labour relations with a 4-star Taqdeer Award by the Government of Dubai. 

Also in 2017, the brothers Saeed and Mohammed Al Naboodah were honoured with the UAE Pioneer Award, presented by His Highness Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai. 



Posted by : GoDubai Editorial Team
Viewed 12438 times
Posted on : Monday, February 19, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : USD 16 million global investment will help drive the growth of co-working in Middle East, says Servc...
Next Story : WGS 2018: Global Policy Platform Panel Considers Supporting Female Entrepreneurs Essential for Socie...
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Grand Mall Opens the 52nd Outlet in Al Musallah - Sharjah
Eid- Al- Fitr Gift Guide 2018
LOOTAH Perfumes launches four new springtime fragrances for Him and Her
Leading Professional Beauty Distributor Nazih Cosmetics Celebrates the launch of...
GUESS Launches Ramadan Collection 2018
Meet the FOREO family as they share their top tips for radiant skin during the ...
LOOTAH Perfumes launches fragrant oud ‘Ambwood'
Amani Glam Collection
Experience 5 Seconds to New Skin with OXYGEN-PEEL from Filorga
Three Trends to Try with Palladio Beauty
Lip Stick to my Heart - GOSH New Collections
Swatch Introduces Its Latest Spring-summer 2018 Collection
Toyota Rush makes a new beginning in the UAE
Carrera UAE Exhibition
Lexus sweeps two podium finishes at round two of 2018 AUTOBACS SUPER GT 500 series
bebe Launches First Ever Ramadan Capsule Collection
New Master Maserati Driving Courses for 2018
Max Fashion Reveals Latest 2018 Fashion Trends at Exclusive Trunk Show
Global Light and Power Celebrates 10 Years with the Opening of their New Showroo...
Dubai's New Flagship Rolex Boutique Offers Unique Experience
Celebrate a Traditional Ramadan at the First Swissôtel in Dubai
Diabetes & Ramadan (DAR) Alliance and Sanofi introduce new integrated digital hu...
Hamdan Bin Mohammed Heritage Center honours winners in Fourth edition of "A...
HydroPeptide Launches Solar Defense Products in UAE
Make Ramadan Better With the Gift of Sharing
Care for your baby's sensitive skin with Corine de Farme
Enhance your natural beauty while staying active with The Body Shop's Sportify M...
The Balmain de Balmain II Mini is a true win-win
‘Tree of Life' Continues to Change Lives at Arabian Center, This Ramadan
TAG Heuer Partners with Global Luxury Start-up Bootcamp in Association with Arab...
Beautiful Kaftans for Ramadan from GUESS
Dubai Holy Quran Radio launches new special programmes for Ramadan
Ikea Yas Island Recognised as One of the Brand's Best Stores in the World
Spinneys Puts Local Food Heroes in the Spotlight this Ramadan
Ethereum - Second In A Series Of Exclusive Cryptocurrency Watches Launched
Ramadan-Inspired Sandro SS18 Pieces
Mads Mikkelsen Spotted on Red Carpet at Cannes Wearing Ulysse Nardin Masterpiece
Celebrate The Holy Month Of Ramadan With The Night Picnic At Tub Of Butter
LG G7 Thinq Offers Deep AI Integration for Maximum User Convenience
Get Voluminous Eyelashes and Eyebrows with Rodial's Lash and Brow Booster Serum
RAK Diabetes Center in Jumeirah offering Free Lifestyle wellness checks and Diet...
Dubai foreign trade in fragrances and beauty products worth AED 20b in 2017
Google launches new feature on Search to mark Ramadan
Pottery Barn Kids Launches Baby Registry Service to Welcome Newborns
Aru Impressed with Team Spirit as Italian Champion Secures Top Ten Finish
Dubai Customs discusses cooperation with Nedaa
OMEGA Welcomes Sailing Sensations Peter Burling and Blair Tuke as Brand Ambassadors
Facebook Launches Youth Portal, a Central Place for Teens
Charity event brings early Ramadan spirit to children of determination and their...
The Ramadan Edit 2018