Welcome To Tamalluk Business Development
Managing a portfolio of multi-group companies. TAMALLUK is a regional leader in managing investments in companies aiming to grow their business in the UAE and GCC. Our support strategy safeguards the core principles of the stakeholder companies and ensures a balanced, adaptive approach to their environment. At TAMALLUK, we pride ourselves on our well-rounded, vigorously-assess research methodologies, which include detailed market research, identification of business investment opportunities, strategic growth schemes, operations, and management activities. These methodologies guarantee our prime objective of assisting foreign and local companies in meeting their development targets towards a successful business.
At TAMALLUK, we strive at providing strategies and resources that are aimed at increasing profitability and sustaining growth. We apply tried and tested investment management and business development concepts that deliver a tailored environment for growth, whether it is a local business or a multinational corporation.
H.E. Mubarak Ahmed Bin Hamoodah
As our national duty towards supporting our economy, we have established TAMALLUK as an economic development vehicle that provides all the means for foreign investment and global organizations to enter the UAE and GCC markets. Our work was initiated in the Emirate of Abu Dhabi through a team of hand-selected business experts, who carefully assume the responsibilities of stakeholders, and follow their long-term objectives in the quest for development. As the Middle East region is witnessing an industrial and commercial renaissance, particularly in the Arab Gulf States, our governments are guiding the development and progression of investments, services, and facilities that set the core foundation of regional economic development. The United Arab Emirates has since become the region’s most dynamic and contributing influence in attracting capital and foreign investment, and a vital component in the region’s strategic success. The UAE has been an enabler in facilitating investment vehicles and providing the key instruments needed in advancing the quality of service to investors, towards completing the vision of our late founder His Highness Sheikh Zayed bin Sultan Al Nahyan and driven under the guidance of our president, His Highness Sheikh Khalifa bin Zayed Al Nahyan. The quality and dedication to our work are the reasons for our triumphs.
TAMALLUK’s vision stems from our commitment to supporting the region’s vision of becoming a global business and commerce hub. We intend to build value for our partners by connecting our network of business resources, enabling the development of each brand through the fulfillment of the day-to-day operational requirements.
After years of education and hands-on experience at Bin Hamoodah group; one of the oldest and prestigious investment companies in the UAE, His Excellency Mubarak Bin Ahmed Bin Hamoodah wanted to have his own individual footprint in the regional and global business arena by playing a dual role through sustaining his contribution in the family business while creating new and progressive flagship holding company in 2007 when Tamalluk was born.
TAMALLUK started with the core objective of being the regional leader in developing the means, resources, and investments for foreign companies to build their brands in the Middle East market. This included the setup procedures and ongoing support in localizing operations in the UAE and GCC.
Establishment of TAMALLUK Ventures.
The addition of 13 companies to TAMALLUK’s portfolio, including Cisco, Astaldi, and Kapsch.
Investments in Heston Group and Establishment of Al Madar Recruitment Services, despite the global economic downturn.
The creation of a trade deal between the Republic of Romania and Abu Dhabi for channeling investments for establishment of East European Foreign Investment channeling businesses in the UAE.
Initialization of a Memorandum of Understanding between Flanders’ Chamber of Commerce and Industry, Belgium, and TAMALLUK.
Creation of agreement between the Finland Economic Authority and TAMALLUK, bridging the Finnish businesses to the UAE market as exclusive business and management consultants. 2016 also saw growth in TMALLUK’s portfolio in the addition of MBH Interiors and Phoenix International, and the establishment of DASS Mobile, Premium Electronics, Hyseo, and GDC-Partners.