Gulf Group

The core business of Gulf Group relates to electromechanical and industrial services and electromechanical installations and maintenance projects where the company's customer base is the cream of business world in the Gulf region. The company's commercial and trading activities cover Consumer, Healthcare, Defence and Energy. The company has a total... workforce of more than 400 employees and an impressive fleet of over 150 service and distribution vehicles. Throughout the years, Gulf Group was able to diversify its operations through acquired expertise and good reputation. The company is leaders in the company's field in the Gulf region. Although the company has a large commercial financial facility - in the millions of US dollars - available with banks, nevertheless it is only used for trading where the products are imported and bought in bulk (pharmaceuticals, electric motors, lights). Other bank facilities include Bank Guarantees used during tendering and execution for "supply" as well as "electromechanical" projects. Gulf Group was able to expand in the Gulf region through internal accruals without resorting to external financing due to the company's free cash flow and very strong liquidity. The company has tightly controlled, centrally managed treasury operations and conservative long-term, value oriented and risk-averse funding strategy. Customer centricity ensures that everything the company do provides value to the company's customers.Read More