30 most admired companies in the GCC 2019

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Mulk Holdings

Mulk Holdings

The global business powerhouse boasts diversified interests in the manufacturing of building facades, facade contracting, healthcare, plastics and sports assets. It employs over 7,000 staff around the world and runs manufacturing operations the US, Europe, India, UAE, Oman and Ghana. The group’s flagship brand, Alubond USA, is the world’s largest metal composite brand and the first aluminium composite panel in the UAE market.

The billionaire behind Mulk Holdings, Founder and Chairman Shaji Ul Mulk, is one of the UAE’s richest Indians with an estimated net worth of $2.7bn. He also chairs the Mulk Foundation, the group’s active CSR wing responsible for various philanthropic initiatives in the UAE and India. These include free medical clinics and libraries, mass orphan marriage programmes and support to disabled children.

Ul Mulk’s passion, however, lies in the world of cricket. The only Indian member of the Emirates Cricket Board, his latest endeavour is the T10 cricket league, founded and launched by his T10 Sports Management. In an interview with Arabian Business in 2018, Ul Mulk said the UAE could have a world-leading cricket team.

“The UAE is currently 14th in the world among teams that play cricket. Once you crack the top 10 is when everything changes. The money starts flowing in and the world starts paying attention,” he said. Mulk is a former cricketer and was named in the squad that took part in the 1992 Cricket World Cup in Australia.