Al Fakher

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Al Fakher

logo
legal form
founding 1999
Seat Dubai , United Arab EmiratesUnited Arab EmiratesUnited Arab Emirates 
management Des Naughton, CEO
sales 93.3 million JOD (2018)
Branch Tobacco products
Website www.alfakher.com

Al Fakher ( Arabic الفاخر al-Fāchir , DMG al-Fāḫir ; German: The Excellent ), is a manufacturer of flavored tobacco for use in water pipes . Al Fakher is the largest subsidiary of Al Eqbal Investments Co PLC, which is based in Amman, Jordan and is listed on the Amman Stock Exchange.

history

The company was founded in 1999 and taken over by Al Eqbal Investments Co PLC in 2006.

In May 2017 Des Naughton, former board member of British American Tobacco PLC and managing director of Nicoventures , the producer of the Vype e-cigarette, was appointed CEO of Al Fakher for Tobacco Trading and Agencies.

Des Naughton replaces long-time CEO Samer Fakhouri. During his eleven year tenure as CEO, Samer Fakhouri oversaw the expansion of international exports from 20 countries to 85 countries.

Locations

Al Fakher's global headquarters are in the United Arab Emirates; the company also has plants in Poland, Egypt and the United Arab Emirates. In Germany, Turkey, the UK and California and Texas in the United States, Al Fakher has incorporated legal entities for distribution or administrative purposes.

Products

Al Fakher manufactures over 60 different flavored shisha tobacco products. The products are exported to 85 countries. Al Fakher's shisha tobacco products consist of a mixture of finely chopped tobacco leaves, shisha tobacco and food-safe flavorings.

Individual evidence

  1. a b c Twenty Seventh Annual Report 2018 . Al Eqbal Investment Co Plc. March 26, 2019. Retrieved April 27, 2020.
  2. a b Samir Ghawi: Flavored molasses yields bonanza for Jordan's Al-Eqbal Investment Co. . In: The Jordan Times , August 10, 2015. 
  3. a b Mr. Samer Fakhouri - Al Fakher - A Story of Continuous Success . Al Fakher. January 23, 2019. Accessed April 27, 2020.
  4. Ollie Gordon: Des Naughton resigns from Nicoventures: British American Tobacco loses ecigarette managing director . In: CityAM , November 20, 2014. 
  5. a b Tom Wadlow: Q&A with Al Fakher Tobacco CEO Samer Fakhouri . In: Business Chief , September 4, 2016.