Industry: Banking & Finance
Company: YK Almoayyed Consultants & Sons
Farouk Yousef Almoayyed is the chairman of the family firm, a diversified business group comprising of Y K Almoayyed & Sons, Ashrafs and Almoayyed Contracting Group. The key industry sectors and market segments in which it operates includes cars, commercial vehicles, heavy vehicles, construction equipment, industrial contracting, air conditioning, lifts, escalators, medical technologies and facility management.
The group’s retail operations cover consumer appliances, electronics, home and office furnishing, sanitary ware, tools and hardware, and it is also a high-end retailer and distributor of luxury goods, perfumes, cosmetics, fashion and business equipment.
With over 5,000 full-time staff, the organisation provides sales, distribution and service facilities for key industry sectors and market segments in the kingdom, where it now represents over 300 leading brands from all over the world, including Nissan, Ford, Renault, Sony, Toshiba, Hitachi, Kenwood, Bose, Nikon, Komatsu, Nissan Diesel, Tadano, Iveco, York, Xpelair, Kodak, Swatch and Lalique.