I welcome you on behalf of the United Matbouli Group. United Matbouli Group (UMG) has gained a market reputation for being the leading consumer electronics distribution brand over the last few decades. We carry not just the world-leading brands in our portfolio, but the most committed crew that works day and night to fuel corporate growth and develop a community of happy consumers within the Kingdom.
Our success is leveraged by having young Saudis as part of our UMG family, whom we believe are fully capable of turning our core strategies into actions and initiatives which are in line with the Saudi Vision 2030 programs.
We are truly honored to have served the Kingdom for over 3 decades, by contributing to our society and economy.
Welcoming you all to share insights on how we can serve you better.
Best Regards,
Eng. Adnan Matbouli
Chairman of the Board
Established as a brainchild of Sheikh Mahmoud Matbouli and Sheikh Sulaiman Zagzoug in Jeddah, KSA.
Signing of agency agreement with Samsung Electronics.
Separation of co-founders and establishment of United Matbouli Group (UMG) with a paid-up capital of SAR 80 Million.
Eng. Adnan Matbouli appointed as the new CEO.
Increase in share capital to SAR 140 Million.
UMG announces revenues of SAR 597 Million with a net income of SAR 10.9 Million.
Jadwa agreement signed.
Signing of agency agreement with Tecnogas.