MBA Fakhro
| Private | |
| ISIN | 🆔 |
| Industry | Conglomerate |
| Founded 📆 | 2000 |
| Founder 👔 | Mo Fakhro |
| Headquarters 🏙️ | , , |
Area served 🗺️ | Middle East, North America, India, South Asia, South East Asia, Africa |
| Products 📟 | Education, Health, Technology, Media, Hospitality, Property and Construction, Commodities and Trading |
| Members | |
Number of employees | |
| 🌐 Website | https://www.mbafakhro.com/ |
| 📇 Address | |
| 📞 telephone | |
MBA Fakhro is a Bahrain based business conglomerate with corporate offices across the nations of the world spanning North America (Silicon Valley),[1] South Asia (Kerala, India), the Middle East (Bahrain), Africa (Mauritius), and South East Asia (Singapore) holding stakes in companies with distinct interests. MBA Fakhro owns businesses across these nations in the fields of Greenfield Capital, Venture Capital, Crypto Banking, and Investment Banking. It also includes Capital Markets, Retail Banking, Real Estate Capital, Private Equity, Hedge Funds, Merchant Banking, Insurance, Financial Transactions, Heritage Capital, Financial Data and Fractional Ownership. The Family Businesses of MBA Fakhro consists of the holdings of the owner of the company in family companies. The main family companies with commercial operations are Abdulla Yousif Fakhro & Sons Group, Adel Fakhro & Sons, Y.K. Almoayyed & Sons Group,[2] Go International, SunCity Ventures.
History[edit]
Mo Fakhro,[3] the member of fifth generation of Fakhro Group based in Bahrain has the business legacy of 100 years in GCC, Iraq and India, founded MBA Fakhro on June 11, 2000. MBA Fakhro was incorporated to organize the several divisions under one single umbrella and to help improve the activities of these divisions in harmony. Mo Fakhro is presently holding the position as one of the directors in Fakhro Group.
Operations[edit]
As part of the Greenfield Capital unit, MBA Fakhro has created several companies in sectors such as artificial intelligence, machine learning, biotech, business automation software, fintech, electric cars, drones, websites, apps, green technology and the Internet of Things. Also they acquired franchises in United States, India, Middle East and Africa.
Major Subsidiaries[edit]
The various subsidiaries coming under the aegis of MBA Fakhro in the Commercial Services divisions include:[4]
Education sector[edit]
Academia Enterprises relates to education sector aims at building a leading position in education field across Middle East, Turkey and Egypt.
Health sector[edit]
- Athletica Corporation is the franchisee of Anytime fitness in Bahrain,[5] Saudi Arabia, the UAE, Oman and Kuwait.
- C3 is a Silicon Valley based Biotechnology Company expanded as Cure Cancer Company engaged in effective cancer treatment by developing innovative drugs.
- Princess Agro is also a Silicon Valley based agricultural biotech organization dealing with agricultural biotechnology solutions that focuses on improving the smell, appearance of flowers and making them last longer than usual.
Media Sector[edit]
- Technology General is a printing company in Bahrain acquired by MBA Fakhro for transforming it into the foremost name in printing and packaging business across Middle East.
- Delmar International is engaged in the publication of articles and books alongside social media pages management, television and other media activities of MBA Fakhro.
- MBA Fakhro Outdoor Media Sector is aimed at bringing a staunch presence in the field of outdoor media in the region and it comprises of MBA Fakhro Corporation (Bahrain), MBA Fakhro Corporation Marketing Media (UAE), MBA Fakhro Corporation Saudi-Outdoor Business Unit (Saudi).
- Estate Four deals with establishing its presence in the online news world and at present, owns a couple of news websites such as Gulf reader and Hardware review.
- MBA Fakhro signed an agreement to promote businesses through Megacom outdoor billboards to beneficiary companies of ‘business angels’ network Tenmou.[6]
Technology[edit]
The Technology division focuses on three major fields such as:
- Software and IT sector engaged with providing state-of the-art software solutions, web development services, job portal services, app development and so on. Voyager IT Solutions,[7] E-commerce ventures like Dukakeen catering to the shopping needs of Middle East,[8] another online shopping portal named BombayBuy targeted at Indian fashion and accessories market, mobile web development platform called Morces, IT solutions provider Mba Fakhro software and a career website under the name mofakhro are the list of a few endeavors in this regard.
- Telecom sector consists of an innovative communications company under the name Sella Telecom providing uninterrupted communications by implementing flawless services across Middle East, Africa and India.
- Internet of Things principally gets implemented through Odessey Corporation with the objective of providing technology solutions utilizing the benefits of internet and cloud computing.
- Lepton Robotics, based out of SIlicon Valley, to develop robots that utilize artificial intelligence to accomplish tasks currently performed by humans.
- MBA Fakhro has released new version of Artify HR management and payroll applications in GCC.[9]
Hospitality Sector[edit]
Hospitality business includes an array of initiatives including franchisee business for Applebee’s in Bahrain and Oman, another initiative under the name, Mofakro foodstuff for distribution from their own group’s farms to GCC market, Boulanger De Paris for freshly baked French bakery products, Mofakro lounge, a Moroccan themed restaurant, Ryce a rice based restaurant concept, It’s a Date, which is a date based baked desserts, Mofakro Sandwich Shops iHotel, and MyFoodMyWay.
Commodities and Trading[edit]
- Emcor is principally a company focuses on getting land rights and concessions for metal and minerals across the markets.
- MBA Fakro Trading is one among the foremost trading companies in Bahrain that deals with diverse businesses such as LED screens, Drones, Solar Panels, IoT products and Robotics.
Property Development and Construction[edit]
Mofakro Build is a company established in the construction and property development sector across the Arabian Gulf.
MBA Fakhro also has other six major divisions consisting of Heritage Investments, Financial Services, Manufacturing, Real Estate, Research and Development and Investments.
See also[edit]
References[edit]
- ↑ "MBA Fakhro expands to Silicon Valley". bizbahrain.com. Retrieved 8 June 2022.
- ↑ "Six Bahraini firms in Forbes list of top 100 Arab family businesses". gdnlife.com. Retrieved 10 August 2021.
- ↑ "A pioneer of modern business trends". bahrainthisweek.com. Retrieved 7 May 2016.
- ↑ "MBA Fakhro subsidiaries". mbafakhro.com. Retrieved 24 June 2022.
- ↑ "MBA Fakhro Holding inks lease for its first Anytime Fitness club in Bahrain". saudigazette.com.sa. Retrieved 16 May 2016.
- ↑ "MBA Fakhro-Tenmou inks partnership agreement". twentyfoursevennews.com. Retrieved 12 November 2013.
- ↑ "Mba Fakhro Propels Its Internet Business With Voyager Addition". dayofdubai.com. Retrieved 17 February 2015.
- ↑ "Shopping portal Dukakeen.com launched". newsofbahrain.com. Retrieved 3 May 2016.
- ↑ "New Version of Artify HCM Released". send2press.com. Retrieved 2 June 2020.
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