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| Additional information |
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| Al Ghanim Industries |
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Mission statement:
To achieve our vision, we are committed to consistently delivering extraordinary value to our customers and stakeholders through the building of passionate, empowered and high-performance teams. |
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Overview:
Alghanim Industries is committed to becoming the most successful and admired company in the region.
Alghanim Industries, named one of Hewitt Associates’ Best Employers in the Middle East and one of Asia’s Best Employer Brands, is one of the largest, privately-owned companies in the Gulf region. A multi-national company in outlook with operations in 40 countries, Alghanim Industries is a multi-billion dollar conglomerate with more than 30 businesses.
We are involved in the following sectors:
Advertising and media
Automotive sales and services
Consumer credit
Engineering - villa solutions (home automation, air-conditioning and elevators)
Engineering - projects (building management and electro-mechanical solutions)
Fast moving consumable goods - wholesale and distribution
Insurance
Manufacturing of industrial products, specializing in insulation products and steel solutions
Office automation
Retailing in building and home construction products/tools
Retailing in consumer electronics
Retailing in home furnishings
Transport services
Talent Development
Travel
Key facts and figures about us:
We deal with over 300 global brands and agencies
We have established strongholds in the Middle East, India and Turkey with operations currently extending to Eastern Europe, Africa, East and Southeast Asia
We are a market leader in almost every major business in each major geography that we operate
We employ approximately 12,000 employees from across 64 nationalities
We have a long history of success built upon the early adoption of global best practices
We are a highly-respected family and brand name in the region
We place a high value on commitment and investment in our people who contribute to the continued growth and vitalization of our business. Renowned for our progressive business culture and management philosophy, we consider finding and developing talented and energetic people the key to our continued success.
Alghanim Industries has a 75+ year heritage as a successful commercial enterprise in the Gulf region, with a proven track record of reacting to economic and market changes. As a result, this diversified multi-national corporation has built a reputation synonymous with market leadership. |
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Vision:
Our vision is to be the most successful and admired company in the region. |
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History:
The Alghanim family, who were among the original families to populate what would become Kuwait, has historically maintained a long history as commercial merchants in the region. In 1932, Yusuf Ahmed Alghanim returned to Kuwait from his studies abroad and took over one of his father’s business which he built into a successful company. By the end of the 1930’s, he had established the reputation of Alghanim throughout the Middle East and was employing a labor force of more than 4,000 people.
Under the guidance of Yusuf, the organization grew and diversified over the next forty years which further entrenched the Alghanim name and reputation for excellence in the Middle East. One of the major steps was the association with General Motors (GM) to introduce American made vehicles in Kuwait, what is today one of the largest GM agencies in the world. During this period, the group became known as Yusuf Ahmed Alghanim & Sons.
From the early 1970’s, Yusuf’s sons, Kutayba and Bassam, led the organization and initiated an international management structure and decentralized decision-making processes. They positioned the company as a diversified multi-national corporation, well placed for continued success locally and abroad. In the late seventies and the early eighties, the holding company became known as “Alghanim Industries” with several business units and brands operating under its umbrella. Some of the leading brands that Alghanim associated include Hitachi, British Airways, Phillips, Kirby Building Systems and Frigidaire.
Throughout the 1990's and following the second Gulf War in 2003, Alghanim Industries remained true to the entrepreneurial spirit instilled by Yusuf Alghanim. During this period the company formed marketing collaborations and strategic alliances with corporate giants such as Xerox, Whirlpool, Haier, Lofra and American Express. It continued creating innovative new opportunities to open markets within the GCC and expanding operations globally.
With Yusuf’s grandson, Omar K. Alghanim, joining the management ranks of the company in 2002, Alghanim Industries embarked on a new period of development and growth while continuing to encourage and support existing profitable activities.
Today, Alghanim Industries is on the brink of major expansion. Its expansion is part of the journey to achieving Alghanim’s vision of becoming the most successful and admired company in the region. |
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