Aamal Trading & Distribution Launches First Truck Pit-stop
Doha, Qatar, 5 February 2018: Aamal Company Q.P.S.C., one of the region’s fastest growing diversified companies, today announced through its subsidiary Aamal Trading & Distribution, one of the leading trading and distribution companies in Qatar and an official distributor of Total Lubricants, the launch of TOTAL’s first truck Pit-stop service center, in collaboration with Al Sraiya Trading & Contracting Qatar, and Total Marketing Qatar.
The truck Pit-stop, located on street 25 in the Industrial Area, will offer premium services including oil change, wash and mechanical repairs for trucks, equipment and light vehicles. As this new Truck Pit-stop is considered part of Aamal Trading’s ordinary course of business operations, it also reflects the Company’s commitment to better serve its clients, and continuously seek new ways to enhance the accessibility of its services in line with its objective to be the leading specialist partner-of-choice across the full range of vehicle services.
On this occasion, Mr. Syed Rashid Hassan - General Manager of Aamal Trading and Distribution – commented: “It is a pleasure to announce the opening of our new truck Pit-stop, in collaboration with Al Sraiya Trading & Contracting Qatar, and Total Marketing Qatar. The launch of this new truck Pit-stop service also reflects the strength of our partnership with Total and we look forward to further developing our relationship with them to better serve the market and meet the growing demand for high-quality automotive products and services in Qatar.”
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Further enquiries
Aamal Company+974 44223888
Arwa Goussous
Corporate Communications Manager
(mobile # +974 5513 9539)
Laura Ackel
Communications and Marketing Officer
(mobile # +974 6671 6576)
[Note to Editors]
The launch of the truck pit-stop concept is part of Aamal Trading & Distribution W.L.L.’s ordinary course of business operations, and isn’t considered price-sensitive information. Referencing Articles (47), (50), and (58) of QFMA’s Rulebook on Offering and Listing of Securities and QFMA’s instructions on the disclosure of significant non-financial information that has impact on the share price of a listed company, this corporate development doesn’t fall under the scope of the rules and regulations concerning disclosing non-financial price-sensitive information.
About Aamal Company Q.P.S.C.
Aamal is one of the GCC’s fastest growing diversified conglomerates and has been listed on the Qatar Stock Exchange since December 2007. As at 4th of February 2018 the Company had a market capitalization of QAR 5.2 bn (US$ 1.4 bn).
Focused on self-financed and profitable growth, Aamal’ s operations are widely diversified and comprise 24 active business units with market leading positions in the key industrial, retail, property, managed services, and medical equipment and pharmaceutical sectors, thereby offering investors a high quality and balanced exposure to Qatar’s wider economic growth and development. Over the ten years to end-2016, the Company has delivered a compound annual growth rate in trading net profit (ie. before fair value gains on investment properties) of almost 19% a year, with minimal financial leverage.
Aamal Trading and Distribution:
Aamal Trading and Distribution is one of the leading trading and distribution companies in Qatar with a diverse range of activities including automotive, refrigeration and home appliances. Aamal Trading and Distribution has been the nonexclusive distributor in Qatar for TOTAL lubricants.
For further information on Aamal Company, please refer to the corporate website: http://www.aamal.com.qa
About Total Marketing Qatar (TMQ)
Specializing in lubricants and special fluids, TMQ has a prominent market share for lubricants in the Qatar. It caters to the needs of major automotive, construction, industrial and marine customers in Qatar. Total’s lubricants products in Qatar are widely used by many leading Japanese & European Car Dealers in addition to many famous Retail Service centers in the City of Doha. Visit: www.totalmarketingmiddleeast.com
About Al Sraiya
Established in 1975, Al Sraiya Group provides a one-stop shop for all your construction and other corporate needs. Moreover, its joint ventures with multinational companies in the fields of consultancy, oil and gas, food processing, landscaping and water management further consolidate Al Sraiya Group as a major player in the Qatari economy.
