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At a Glance
 MB
Holding Company LLC (MB Holding) is a multinational corporation
with operations and subsidiaries spread across the globe in the
Middle East, Europe, North Africa, Asia, Asia-Pacific, Australia
and New Zealand.
The company was first established in 1982 as MB Trading. In a
short span, MB Petroleum Services, a subsidiary company within
MB Holding, became one of the fastest growing and largest
oilfield services companies in the Middle East with operations
in sixteen countries. The company’s phenomenal march ahead has
been made possible due to its commitment to high standards of
health, safety and environment protection and the strong support
of its customers. The company reliably meets its commitments and
set industry benchmarks in the process with great emphasis on
maintaining the highest standards of business ethics and
integrity.
The main activities of subsidiary companies within MB Holding
include drilling and integrated oilfield services, the
exploration and production of oil and gas, investments,
engineering, manufacturing & trading, and mining and processing
of minerals.
Today, MB Holding employs more than 6000 employees from 51
nationalities who are committed to meet the challenges of the
complex and competitive Oil & Gas industry. For the year ending
31st December 2007, the turnover of the company is more than US$
640 million with total assets of more than US$ 970 million and
annual net profits of more than US$ 100 million. MB Holding
strives to provide opportunities for the self-development and
professional growth of its employees. The company steadfastly
forms social partnerships with the communities where it operates
by developing nationals wherever possible and offers business to
national companies. More than 80% of the employees are nationals
of the respective host countries where MB Holding’s subsidiary
companies operate. |
