Fakhro Group
From Wikipedia, the free encyclopedia
 | |
Company type | Private |
|---|---|
| Industry | Conglomerate |
| Founded | 1888 |
| Founder | Abdulla bin Yousif Fakhro |
| Headquarters | Manama, Bahrain |
Area served | Manama, Dubai, Abu Dhabi, Sharjah, Doha |
Key people | Essam Abdulla Fakhro, (Chairman), Abdulla Adel Fakhro, (Managing Director), Yousif Abdulla Fakhro, (Managing Director) |
| Products | automotive & industrial products, technology, restaurants, shipping, insurance, transport, agencies |
| Website | fakhro |
Fakhro Group, also known as the Abdulla Yousif Fakhro Group, is a Bahraini family-owned conglomerate with businesses in automotive distribution, information and communications technology, insurance, logistics, real estate, and food and beverage franchising.[1][2] The group is headquartered in Manama, Bahrain.
Fakhro Group traces its origins to 1888, when Haji Yousif bin Abdulrahman Fakhro began a trading business in Muharraq importing foodstuffs and building materials, mainly from India, for the local market.[3] During the early 20th century, the business expanded into re-exporting across Gulf ports and later into agency agreements with international manufacturers of automobiles, engines, building products, and electrical appliances.[3] According to the group, its relationship with Dunlop Tyres dates to 1934, while an agency for Nuffield automotive products was signed in 1932.[3]
After the death of Haji Yousif in 1952, the family business passed to his five sons under the name Ahmad Fakhro & Bros.[3] In 1958, the business was split into two companies, and Ahmad and Abdulla formed Ahmad & Abdulla Fakhro.[3] In 1975, Ahmad sold his share to Abdulla, who then formed Abdulla Yousif Fakhro & Sons.[3] The group later expanded into car rental and leasing, telecommunications, insurance, and food service; in 1994, it opened its first McDonald's restaurant in Bahrain.[3]
In 2012, the group moved its headquarters to Fakhro Tower in Manama.[3] In 2014, its restaurant business expanded to Saudi Arabia and Kuwait.[3] The group cquired a majority shareholding in Gulf Agency Company (Bahrain) in 2007, and in 2018 moved that business to a logistics hub in Hidd.[3] In 2024, Forbes Middle East included Fakhro Group in its list of the "Top 100 Arab Family Businesses".[2][4]