BUILDING A LEGACY
Formed in 2001, Mulk Holdings is a global business powerhouse with diversified interests in various industries including Building materials and construction, plastics, renewable energy projects, healthcare, real estate, commodities and Sports management. It is a billion-dollar enterprise with core businesses growing at a staggering rate of 31% as of end 2015. The company has grown organically by acquiring prestigious projects in Renewable Energy –Africa and India, building contracts in Saudi Arabia, Africa; and the prestigious Ajman Sports City Project. With an eye on the future, the company has made strategic investments in new tech sectors like aeronautics and Nano technology. Rightfully over the years, the company has cemented its position as a lead investor in the field of research and manufacturing The company has active branches / group companies spread across the regions of USA, Europe, Middle East, Africa, India, Malaysia, China and Sri Lanka.
UAE based Mulk Holdings is the world’s biggest manufacturer of aluminium composite panels found on skyscrapers worldwide. The flagship brand of the group is Alubond USA, an aluminum composite cladding product developed in USA. Awarded as one of the world’s 100 greatest brands, Alubond USA is the largest Aluminum Composite Panel Brand in the world, with an installed manufacturing capacity of 25 Million Square and installations in more than 90 countries around the world. It is an unrivalled market leader in MENA with more than 80% market share and installations like Burj Khalifa, Address Hotel, Dubai International Airport, Dubai Metro to name a few. Mulk Holdings also runs the largest plastics recycling operations in the UAE, as part of its plastics division, headed by group vice chairman, Adnan Ul Mulk.
Apart from Alubond, Mulk Holdings have also made a significant contribution in the field of Renewable energy. The company is a pioneer in the use of light weight aluminum composites for parabolic solar trough systems, thus, significantly lowering the operational and maintenance costs. Other ventures of Mulk Holdings include power generation using both Fuel oil and Gas, Metal plast – the plastic industries division, Mulk commodities and Mulk Real estate – the property development division.
The rise of Mulk holdings as a leader in the construction industry is a result of the sheer dedication and vision of its Founder and Chairman, Nawab Shaji Ul Mulk. Recognized for his sharp business acumen and team leadership skills, he has built a thriving presence for the company in more than 50 countries with a workforce of 7500 members worldwide.
Shaji Ul Mulk has been instrumental in the rise of UAE as a key global construction hub through his contribution towards building materials manufacturing and contracting investments in the country. Mulk Holdings, under him, is widely recognized as an opinion leader on building safety. In 2016, Shaji Ul Mulk has played a key role in working on the new UAE defense code for Fire and life safety. Mulk Holdings has shown the way forward by introducing panels with the highest fire resistance, to UAE; &deciding to stop all flammable panels production in the Alubond USA factory.
The rapid growth of Mulk Holdings has brought the firm and its committed founder, Shaji Ul Mulk, several honours like MRM Business Excellence award in 2009, Sharjah Economic Excellence Award in 2011 for ‘Largest manufacturer in large scale industry’ firms, ‘Ajman’s Best Exporter Award’ from the Crown Prince of Ajman and many more. Mulk Holdings, the active CSR wing of the group is responsible for game changing social initiatives in UAE and India.
Starting out from 1982, Shaji Ul Mulk has an extensive experience of 32 years in the business landscape of UAE, as an entrepreneur. Nawab Shaji Ul Mulk hails from an Aristocratic Family of Nawabs of Kurnool and is a top ranking business graduate excelling in academics since an early age having won The President’s Scholarship for topping the entire Indian State of Andhra Pradesh in his High School Exams and also a Gold Medalist in his Bachelor’s Degree with a 100% score in Cost Accounting and Statistics.