The Team
MAM Foodco’s retail professionals are down-to-earth, and full of energy for what they’re most passionate about – Food! As a small team of confident and realistic individuals, they are able to make timely decisions to suit any brand and operational environment, so as to meet the evolving needs of consumers in a diverse regional market. Aaly furthered his portfolio and managed the family construction division, consisting of the TENCO Group, Bomag of Germany, Thwaites UK and Filli Dici of Italy who were all KSA market leaders in their respective segments during his term of management from 1983 – 1998. In 1983 Aaly then entered into a JV with French steel company JUFRIO to construct the first grand shopping mall in Saudi Arabia. Aaly then followed his passion and ventured into global and private equities, and in 1992 registered in the UK as one of the first Middle Eastern expert investors, dealing directly with derivatives on the FX, and also dealing with Lehman’s, JPMorgan, Morgan Stanley, Citibank, Investcorp. And TFO.
Mohamed Aaly Maghrabi (Owner ) - Graduating with a BA in Civil Engineering from the University of Southern California in 1978, Aaly joined the family’s paper factory, growing the business to be the largest manufacturer of educational materials in the MENA region. Aaly then expanded his remit in 1983 as General Manager of MAM HAJJ, the family transport company, implementing a strategy to increase its fleet of buses from 500 – 2000.
