Nawab Shaji Ul Mulk, Chairman & Founder
Multinational conglomerate, Mulk Holding, has diversified business interests spanning primarily four sectors – construction, renewable energy, plastics and healthcare. It’s net worth spans around AED2 billion. Nawab Shaji Ul Mulk, Chairman and Founder of Mulk Holding, manages a group of 20 companies in the Middle East for the past 20 years. After various strategic partnership including one with Saudi Arabia’s Zamil Group, ENPAR Group in Europe, Sri Lanka and India, Al Hamed Group in Abu Dhabi and H.E. Sheikh Majid Al Nuaimi for Healthcare and Interior Fit outs, Mulk Holding has successfully turned into a diversified Industrial Power House. With headquarters based in Hamriya Freezone Sharjah, its work spreads across Europe, USA, Russia, Africa, Turkey, India, Pakistan and the Middle East. Mulk Holding’s flagship brand Alubond UAS Metal Composites has grown into the world’s largest metal composite brand with operations in 11 countries and its market reach to 90 countries in the world.
Last December the group announced its entrance into global retail segment by investing US$40 million in developing a landmark Duty Free shopping centre in Lagos, Nigeria. The company has signed a contract with retailer Suzanne Group for developing the Duty Free shopping center at the National Theatre of Nigeria.
After signing the contract, the Chairman said: “Mulk Holdings is adopting aggressive strategies to expand its core business, while diversifying into other sectors like retail, commodities, healthcare, and energy solutions. Our vision 2020 is an ambitious initiative, which involves serious investment into both our existing businesses and diversification into sustainable industries.”