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Sunday, December 3, 2023

Mulk and Ajman Holding will form a new joint venture for building.

AjmanMulk and Ajman Holding will form a new joint venture for building.

UAE-based Ajman Holding has partnered with Mulk International, a significant emirate business conglomerate, to launch a new business venture with the goal of growing its sports, construction, and related industries internationally. This will result in a rise in the export of Alubond goods made in the UAE.

The alliance puts both businesses in a strategic position to take use of their combined resources, networks, and expertise. 

Mulk International operates in Asia, Europe, Africa, and the Middle East and has Alubond production plants. Its sales network spans over 100 countries. 

The joint venture, according to the business, will actively market Mulk International’s flagship brand, Alubond, which is the world’s largest manufacturer of metal composite panels. 

With Ajman Holding’s strong backing, Alubond is well-positioned to experience significant expansion, entering new markets.

“We are committed to ensuring this cooperation transcends conventional boundaries, setting a benchmark for successful partnerships in the region and the global arena,” stated Sheikh Abdul Aziz Al Nuaimi, Chairman of Ajman Holding. Together, we will strengthen T10 League and Alubond’s home market position and expand their momentum into new international markets.”

Shaji Ul Mulk, founder and chairman, stated that the partnership aimed to produce transformative experiences on a global scale rather than merely two companies joining forces.

Under Sheikh Abdul Aziz’s direction, Ajman Holding’s enormous local and global impact will greatly enhance Mulk International’s flagship projects’ reach as well as the UAE-grown T10 Cricket League’s global expansion in the near future.


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