Dubai: Al Rostamani Group, one of the largest and oldest business conglomerates in the UAE, has unveiled its 50th anniversary celebrations by announcing ambitious growth plans that will see the group expanding geographically and into new business sectors, and doubling its assets in five years.
One of only a handful of UAE companies to achieve the milestone of celebrating a half century of successful operations, the group's expansion plans will focus on high-growth sectors in emerging markets in the Middle East and North Africa (Mena) region and the subcontinent.
Al Rostamani Group will also offer year-round promotions at its various companies.
Its 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 strengthened its corporate social responsibility programme by launching programmes aimed at supporting the higher education of talented students, the Dubai Cares initiative and environmental sustainability strategies.
Marwan Abdullah Al Rostamani, chairman of 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 Abdullah Hassan Al Rostamani, who believed in doing business in a way that benefited the people and the country."
