1974 – Arabian Gulf Trading Company founded by brothers Ghayoor & Misbah Siddiqui, established in Dammam, Saudi Arabia, with paid-in capital of SAR 500,000. Ghayoor Siddiqui named president and representative director.
1979 – Magnetized by the construction boom in the then newly-formed United Arab Emirates (UAE), AGE Group set up its first UAE subsidiary, AGE Intrade L.L.C., in Dubai, with paid-in capital of AED 1 million in order to serve the Emirateís growing demand for structural steel.
1984 – Annual gross sales exceeding USD 40 million, with staff numbers reaching 150 employees.
2002 – Management was passed on to the second-generation of family members, whose focus was new growth strategies. In 2003, AGE Steel Limited was formed to enhance the companyís ground operations by acting as the stockist and distribution arm of AGE Intrade.
2003 – AGE Steel Limited established in Jebel Ali Free Zone to support existing steel trade activities.
2007 – Al Azman Steel Company established in Dammam, Saudi Arabia to meet high demand for steel coil production and cutting.
2009 – Al Azman Steel Galvanizing Company established in Dammam, Saudi Arabia to meet high demand for steel galvanizing services.
AGE Steel’s strategic port location helped to create the ‘seamless transition from steel supplier factory floors to client job sites’ reputation for which AGE Group has become known. The two companies have grown steadily in tandem ever since and now represent the UAEís largest steel trading enterprise.
Currently, branches of the business are in the process of being opened in Qatar along with additional branches in Saudi Arabia, to meet the growing demand for steel across the GCC. As our customer, you will soon benefit from a vast range of stock deliverable through an even wider network of regional branches, adding vital competitive advantage to any project.