Al Rostamani Group celebrates 50th anniversary with ambitious growth plans

One of only a handful of UAE companies to achieve the milestone of celebrating a half century of successful operations, the Al Rostamani Group's expansion plans will focus on high-growth sectors in emerging markets in the Middle East and North Africa (MENA) region and the Indian Subcontinent.

Al Rostamani Group will also celebrate its anniversary by offering year-round promotions at its various companies. The group's flagship Central Trading Company (CTC), founded in 1957, will host festive events to mark the 50-year milestone. CTC is a key player in the UAE's trading sector, and agent for Michelin, Castrol and Blue Star, among other industry giants,

Highlighting its core values of 'Commitment, Care and Vision' - a cornerstone of its operations since inception - the Group has further strengthened its corporate social responsibility programme by launching new programmes aimed at supporting the higher education of talented students, the Dubai Cares initiative and environmental sustainability strategies.

Mr Marwan Abdulla Al Rostamani, Chairman, Al Rostamani Group, said, 'Our growth approach, which is in tandem with the policies of the government, also echoes the vision of our founder and late chairman Mr Abdulla Hassan Al Rostamani, who believed in doing business in a way that benefited the people and the country.'

He added, 'We feel privileged to be part of Dubai's amazing success. Humble beginnings mark the stories of both Dubai and Al Rostamani Group. And in both cases, the prosperity we see today is the result of years of hard work, vision and a commitment to the welfare of the community.'

Mr Hassan Abdulla Al Rostamani, Vice Chairman, Al Rostamani Group, said, 'At the heart of all our growth strategies are our customers, employees and the community in which we work. We already provide direct and indirect employment to over 3,000 people.'

He added: 'To mark our Golden Jubilee Year, we are announcing new CSR initiatives that underline the principles outlined by our late founder Mr Abdulla Hassan Al Rostamani, who believed in environmentally sustainable growth, community welfare and the need to promote educational opportunities - demonstrated by co-founding the first book shop in Dubai, the Al Ahliya Library in 1954.'

Al Rostamani Group donated AED 7 million to Dubai Cares, the initiative launched by UAE Vice President & Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed Bin Rashid Al Maktoum, to support primary education of needy children around the world. The Group was among the first national companies that made this donation on September 25, within a week of its announcement by Sheikh Mohammed.

Al Rostamani Group has a diversified portfolio of businesses in such high-growth areas as automobile and heavy equipment sales, trading, finance, travel, communications, IT, property and real estate. Most recently, the group unveiled Emirates Recycling LLC, a company dedicated to recycling construction and demolition waste. The Group also has partnerships with global leaders like Suzuki, Renault, Nissan Diesel, Tata, Michelin, Castrol and NEC.