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Nashar Trading Company was
established in 1941 by Sheikh Mohammad Ebrahim Nashar as a sole Trading
Establishment. Its Commercial Register (97) is evidence that it
is one of the
oldest trading houses in the Kingdom.
In the beginning it imported commodities such as rice, flour, wheat, sugar,
coffee and cardamom. In the late fifties it started importing and selling
tinned food products such as tomato paste, milk powder, evaporated milk, cream
and ghee.
When the founder passed
away in 1971 the company was constituted
as a Mixed
Liability company under Saudi Companies Law. Since then the company has grown
to become one of the leading importing, distribution and meat manufacturing
companies, marketing its own brands plus a select portfolio of international
brands.
Sheikh Mahmoud M. Nashar, son of the company's
founder and a majority partner in the business, was appointed Chief Executive
Officer in 1971. It is under his leadership that the company has achieved the
substantial growth which is apparent today. As a prominent Saudi businessman,
Sheikh Mahmoud M. Nashar has represented
The Council of Chambers of Commerce on the
Saudi-British Joint Economic
Commission as well as serving as vice chairman of
both Arab-British Chamber of Commerce
and The Arab-Irish Chamber
of Commerce. He was also a member of board of directors in
each of Jeddah Chamber of Commerce and Industry, Makkah Region Council, Saudi
Arabian Standards Organization (SASO), Commission of Water
amd
Sanitary Drainage in
Western Region, and General Organization of Social Insurance (GOSI).
In 2004 NTC converted its
legal status to a Limited
Liability Company. This move
is designed to put the
company on the road to
become public.
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