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Joint Venture

Mohammad Al-Mojil Group signed an agreement on January 25, 2011 in Abu Dhabi with the National Holding Company to set up a joint venture with a paid up capital of 40 million UAE Dirhams. The new company with limited liability will be called National Holding & Al-Mojil Company and headquartered in Abu Dhabi.

The National Holding Company will own 51 percent share, while MMG 49 percent. The joint venture will offer industrial construction services in the field of oil & gas, petrochemicals, energy and water in the UAE. All the operations of MMG’s Abu Dhabi branch will now be transferred to the new company. NHC is one of the leading UAE companies in the field of Industries, finance and real estate.

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