Message from the Chairman

I was honoured to be invited to become Chairman of Al Masaood in March. It is a wonderful opportunity to lead one of the great trading groups of Abu Dhabi.  Under the able and hands-on leadership of my predecessor, over the last decade or more, Al Masaood has developed to become a highly diversified and dynamic organisation that now has an enviable opportunity to decide its future direction and options for growth. 

While automotive plays a very large part of our business, we also have significant interests in many other sectors including engineering, power, oil and gas, property and retail. 

Our evolution over the last 5 decades has led us, through the ups and downs of economic cycles, to this important moment in our journey.  We have contributed to the creation the modern economy of Abu Dhabi and have been able to demonstrate our resilience as well as our determination in growing our operations both through opportunistic as well as organic development of our commercial units and nurturing of their market share.

We have now reached a moment to take stock of what we have achieved, and to consider how our structure can best meet our aspirations - as well as challenges - in the future. We believe the decisions we are now taking will have a major impact on our future success.

We have many valued partners with whom we have worked for mutual benefit across the economic and commercial spectrum in wholly and jointly owned ventures.  Through these partnerships we have achieved a global reach and reputation, but our intrinsic strength remains the fact that we are based in Abu Dhabi, whose deep economy and the very positive relations we enjoy with the UAE government benefit us greatly.

Mr Masaood Ahmed Al Masaood