Al Khayyat Investments (AKI) Company Research Report

Company Overview

• Name: Al Khayyat Investments (AKI)

• Mission: To deliver on growth ambitions through a relentless focus on excellence.

• Founded: 1982 by Dr. Saad F. Al Khayyat

• Key People:

• Dr. Saad F. Al Khayyat, Chairman

• Zaid S. Al Khayyat, Managing Director

• Doaa Marouf, CEO, Pharma & BinSina Pharmacy

• Emad Husein, General Manager, Fashion

• Hicham Hage, Chief Legal Officer

• Jose Esteve, CEO, Consumer Goods and F&B

• Malik Hassan, General Manager, Environmental Services and Fitness & Lifestyle

• Monther Abbasi, CEO, MedLab and Fitness & Lifestyle

• Paolo Monaco, Chief Financial Officer

• Rami Hamad, CEO, Gulf Contracting & Landscaping (GCL)

• Sajid Lokhandwala, Chief Information Officer

• Samer Sabri, Chief Supply Chain Officer

• Suresh Parthasarathy, Chief Treasury Officer

• Tariq Saheb, CEO, Al Khayyat Motors

• Zeid Jaradat, Chief Audit Executive

• Headquarters: Dubai, United Arab Emirates

• Number of Employees: More than 600, employing individuals from over 70 nationalities.

• Revenue: No information is available.

• Known For: A diversified portfolio of businesses touching various aspects of people's lives, including healthcare, consumer goods, contracting, retail, fitness & lifestyle, and automotive.

Products

Business Verticals:

1. Healthcare:

• At the forefront of holistic healthcare and wellness, facilitating healthier lives.

2. Consumer Goods:

• Leading partner in the Middle East for market entry and growth, offering advanced infrastructure and services.

3. Contracting:

• Provides comprehensive services in environmental health, landscaping, civil works, and fitness facility design for the public and private sectors.

4. Retail:

• Includes one of the largest pharmacy-led health and beauty businesses and channels for global brands in fashion, fitness, and F&B.

5. Fitness & Lifestyle:

• Provides superior-quality fitness and sports solutions, offering diverse exercise options.

6. Automotive:

• Exclusive dealer for Mazda in Jordan and a prominent multi-brand vehicle dealer.

• Key Features: Each vertical is supported by cutting-edge technology, world-class supply chain systems, and an emphasis on sustainable development.

Recent Developments

1. New Projects and Partnerships:

• Partnership with NeuroTracker to innovate cognitive training in MENA.

• Launch of Wellfit Meydan, a project redefining fitness standards in the region.

• Appointment as the exclusive distributor for SharkNinja in the UAE.

• Partnership with Sacred Groves to promote sustainability.

2. Awards and Recognitions:

• Featured as one of the Top 100 Arab Family Businesses in both 2023 and 2024 by Forbes Middle East.

• Received the 'Healthcare Company of the Year' award at the Gulf Business Awards.

• 'MENA Distributor of the Year 2023' award by Nestlé for the pharma division.

• Achieved 'Best Distributor Award 2023' from Emarat.

• Recognized as a 'Great Place to Work' for the second consecutive year in the Middle East.

3. Infrastructure and Initiatives:

• Unveiled one of the UAE’s largest horticultural nurseries.

• Introduction of an elevated Befit brand concept and flagship Jumeirah hub.

• Incoming completion of the Dubai fulfilment center, expected to launch in June 2024, set to bolster logistics and distribution capabilities.

4. Leadership Recognition:

• Zaid S. Al Khayyat, Managing Director, featured in several prestigious lists, including the Arabian Business Dubai 100 Power List 2024, and recognized as one of the Top 100 Most Influential Arabs 2024.

5. Community and Environmental Impact:

• Initiatives towards sustainability reflected in the issuance of the ESG Report 2023.

• Promotes environmental stewardship through adherence to ISO 14001:2015 standards.

By leveraging its core philosophy of integrity, sustainability, and technological innovation, AKI stands as a pivotal figure in transforming markets throughout the Middle East landscape.