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The
Mohammed Jalal Group is a diversified and entrepreneurial conglomerate
whose origins lie in trading. The last four decades have witnessed times
of unprecedented activity and change, interspersed by periods of
consolidation. During this time, countries in the region have
experienced explosive growth in terms of infrastructure, manufacturing
capabilities, technology and communications.
To
survive and prosper in such a volatile but exciting business climate it
has been necessary to balance innovation with caution.
For the
Group, the way forward in the 1997 and beyond will be to adhere to our
proven business philosophy: balanced diversification, seeking new ideas
and long-term opportunities based on sound commercial logic.
The
early years coincided with a period of great austerity following the end
of world war II. At that time the region’s development was still in its
infancy, but through energy and persistence the business grew and
prospered. During the 1950s and early 60s, Mohammed Jalal & Sons
acquired agencies for a number of overseas companies, established an
international network of trading partners, which endures to this day.
In the
early 80s the emphasis switched towards the services and maintenance
sectors and the Group responded by putting in place the resources to
meet rising demand.
The
Gulf Conflict of the early 90s was a traumatic experience for many
countries in the GCC region. In its immediate aftermath confidence
plummeted but returned quite quickly, bringing with it an increase in
both business activity and commercial opportunities.
Mohammed Jalal & Sons remains a family business with Mr. Mohammed
Jalal as Chairman. He and his four sons make up the Family Board,
which gives maximum flexibility in the decision-making process.
The
executive Board, comprising the family, key management and financial
officers, is responsible for implementing Group strategy and ensuring
that each division and business operates efficiently and profitable.
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