Bakhit Group of Companies

Bakhit Group of companies came in to existence in 1985, when it was decided to diversify the business to other related areas which includes oil trading, shipping & bunkering, launch freight, real estate etc. 14 Marine Vessels & 18 Oil Storage Tankers are owned by Mr. Bakhit used mainly for our own oil trading & related activities to various destinations. Two launches are also owned and chartered against freight to various private parties. Real Estate side, he owns 3 commercial cum residential building at Deira, which are all rented out and the present total rental income from the buildings are AED 3.2M. Recently, a new commercial building at a prime location near Al Qusais Metro Station & Al Towar Centre at a cost of approx. AED 55 Mn and is in the process of renting out to Commercial Banks, Offices etc. His TNW is in the region of AED 700M.