The first of the many companies which make up MKM Commercial Holdings LLC was started in 1973. As Dubai grew, promising new businesses were added and the size of each operation was increased to meet demand. The group continues to grow, with new activities in Dubai, the GCC and overseas being added each year.
The Wafi Group of Companies comprises four LLC’s which are headquartered in and operate from Dubai in the United Arab Emirates.
Wafi Property LLC
The Group’s property portfolio in the UAE is held, managed and maintained by Wafi Property LLC.
The company’s principal development is Wafi City. However, the asset base includes commercial and residential buildings in other areas of Dubai, as well as a number of warehouses and industrial developments.
Wafi City currently comprises Wafi Residence (Dubai’s most prestigious address), the Pyramid’s complex housing world class restaurants, Cleopatra’s Spa and Pharaoh’s Club, the Planet Hollywood complex and the flagship Wafi Mall. The mall has been extended several times to meet the demand for high quality retail outlets and now has more than 500,000 sq.ft. of lettable space.
It is a hallmark of Wafi that all developments there must be of the highest quality, and this approach will be maintained in the next round of development, currently in the planning stage.
Wafi Industrial LLC
Group companies include the leading suppliers of temperature controlled storage and transport in the region, construction materials manufacturers, and environmental water and waste management solutions providers.
Trade Circle Technical Industries (TCTI)
TCTI was one of the first of the Group companies to be established. The factory started by producing insulation panels for the cold store market. The product range now covers temperature controlled storage, refrigerated vehicles, pipe & duct insulation, and a variety of Glass Reinforced Plastic (GRP) and Glass Reinforced Concrete (GRC) products.
Phoenix Concrete Products
Phoenix Concrete Products is another long established Group business which is now one of the largest local manufacturers in its field. In addition to a full range of concrete blocks and paving materials, the factory now produces a new range of lightweight blocks.
Compass provides water sterilization equipment and control systems for the water industry and related businesses. It also supplies specialist equipment and services for the leisure industry. Know more about their operations at the Compass website.
There are also a number of smaller businesses under Wafi Industrial LLC.
Wafi Hospitality LLC
The key service businesses of the Group have been brought together under Wafi Hospitality.
Food & Beverage Services
The food and beverage team has developed and operates a number of restaurants in Wafi, which have built an excellent reputation in a highly competitive market. Some of them are now operating outside Dubai as well.
The success of these outlets has allowed the food and beverage management to develop a Franchise business which is now active in several GCC countries. One of them is Asha’s, in partnership with the legendary Indian artiste Asha Bhosle.
Health & Leisure Division
The Health & Leisure business comprises of three business segments.
Pyramids Health & Leisure which consists of Pharaoh’s Club and Cleopatra’s Spa.
Spa Resources International, which acts as a consultant in designing of spas, training and recruitment of staff as well as spa management. SRI also distributes reputed spa products across the region.
Wafi Transport LLC
United Car Rentals which forms a part of Wafi Transport, was founded in 1973 and is one of the oldest transport related companies in Dubai. The company now has branches all over the GCC.
The other businesses under the Wafi Transport banner are Aladdin Container Enterprises – a container trucking business, International Freight Agency – a freight consolidator and forwarder and Emirates Cargo – specialist in air shipments.