Shaher Trading Company - STCO
Shaher Trading Company has businesses and interests in Yemen and various countries. STCO is involved in the following ventures:
- - Soft Drink Bottling (Coca Cola) In Egypt & Yemen.
- Glass Container Manufacturing.
- Household Products (Clorox international) Manufacture and distributes in Yemen.
- Xerox Yemen.
- International Bank of Yemen (IBY).
- Hotels and Resorts (Taj Sheba) & (Yemen Tours and Travel).
- Oil Gas and Mineral Exploration (DNO).
- Mineral exploration is being done in joint venture with MINORCO and Zincox.
- GSM Telecommunication (Yemen & Sudan).
- In Ethiopia, the group has a cigarette manufacturing facility and gas distribution.
- Shaher Group also has representative offices in the United Kingdom, Russia and Germany.
Management of the Group:
Management of the Group’s activities is undertaken at three levels to enable each business unit to be part of a whole and contribute to the achievement of the Group’s business and strategic objectives.
-At the first level is the Family Board consisting of the senior members of the Abdulhak family as follows:-
Mr. Shaher Abdulhak Chairman
Mr. Abdulgalil Abdulhak Board Member
Mr. Hayel Abdulhak Board Member
Mr. Besher Abdulhak Board Member
The Family Board formulates strategy and corporate policy, deciding upon new investments; geographic, product or unit expansion; overall direction, focus and consolidation of activities.
-The second level is the Corporate Management Group where the Managing Director of the Group is joined by professional executives as follows:
Mr. Abdulgalil Abdulhak Chairman
Mr. Hayel Abdulhak Managing Director
Mr. Peter J. Carpenter Finance & Administration
Mr. E.G. Subramanian Group Financial Controller
-The third level is the company management where the Managing Director guides & overseas the overall performance of the company. The operation and day-to-day activities (sales, marketing, finance and administration) are managed by a general manager.
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