Year established 2000
Sector Manufacturing, metals, healthcare
Now a $2bn multinational conglomerate with diversified business interests in manufacturing of metal composites, facade contracting, healthcare, aluminium coil coatings, plastic industries, power generation, real estate and cricket assets, Mulk Holdings has developed into one of the genuine powerhouses of the UAE industrial and commercial landscape. Headquartered in the Hamriya Freezone, Sharjah, its business interests now extend across Europe, the US, Africa, Turkey, India and the Middle East.
Much of that success has been built on the back of the group’s flagship product, Alubond USA, now the world’s largest metal composite brand with operations in 11 countries and market reach of 90 countries – and recognised as one of the world’s 100 greatest brands. The company’s manufacturing capacity now exceeds 25 million square meters.
Headed by founder and chairman, Nawab Shaji Ul Mulk, the company employs over 7,000 and has operations and manufacturing bases in the US, Europe, India, the UAE, Oman and Ghana. The company has won numerous national awards such as Sheikh Mohammed’s MRM Excellence Award in 2009 as the Largest Foreign Manufacturer in UAE, a Sharjah Excellence Award in 2011 as the Largest Manufacturer in Large Scale Industry, an Ajman Chamber of Commerce Award as Ajman’s Largest Manufacturer in 2010 and a Power Brand in GCC.
Mulk Holdings has forayed into a number of different sectors, including power generation. The company presently owns and operates a 40MW, high-fuel oil (HFO) power plant in Bellary, India, and new power plants are being set up in Ghana and Nigeria. Mulk Real Estate has a number of projects in development, including the G+13 Mulk Residency apartments in Ajman, a shopping centre in Banjara Hills, Hyderabad and a cricket ground and Community club in Ajman.
For his efforts, Mr Mulk was honoured by the Crown Prince of Abu Dhabi HH Mohammed bin Zayed Al Nahyan to be a part of UAE business delegation to accompany His Highness during a recent visit to India.