About the Group
Al Nasser Holdings (ANH) has wide interests in the oil services, manufacturing, real estate, investments and retail sectors and operates a number of joint ventures with leading international companies.
Oil has dominated the U.A.E. economy since its discovery, and as a result of its revenues, the U.A.E. has been able, under the leadership of the late President Sheikh Zayed Bin Sultan Al-Nahayan, to embark on a development programme almost unrivalled in the history of mankind.
The lack of local industries, services and skills in the early days of the U.A.E. development has meant that almost everything, be it goods, materials, services, human resources, etc. required to maintain an efficient petroleum industry, must be brought from abroad. It is against this background that AL NASSER HOLDINGS (ANH) was incorporated in 1977.
ANH's rapid growth into new fields was achieved by its insistence on excellence in products and services which represented the foundations of the Group. The combination of the highest levels of efficiency and a tightly-knit team of professionals resulted in an overall level of service particularly in the petroleum industry that competitors found difficult to match.
With this impetus, ANH began to fully implement its policy of vertical integration through the formation of new joint ventures in many fields. ANH soon established a prominent position in the commercial and petroleum sectors, initially within the U.A.E. and later in many Gulf States.
ANH, in the course of constantly re-assessing its strategies and corporate plans, decided in the early 80's to pursue a diversification policy in order to reduce its total dependence on oil-based projects and services. This is now demonstrated in the multi-discipline companies operating within the Group, the details of which are explained below.
Liwa Trading Enterprises, established in 1987, is the retail arm of ANH. The first retailing outlet was opened in the last quarter of 1987 in the form of a franchise store for British Home Stores (BhS), providing a new concept in shopping in Abu Dhabi. This was achieved through a high standard of store layout and design, coupled with the availability under one roof of a unique range of home products and stylish, price-conscious fashions for the family.