Automotive - Amman, Amman Governorate, Jordan
Al-Jazeera FZCo. After 1988, the Iraqi government Allowed public imports, and a new company was established. This new company gained a large market share in the Iraqi market and especially Baghdad, and was growing at a very promising rate. In 1996 the company's vision was to establish new markets in Jordan, Kuwait and UAE, in addition to the main Iraqi market. Following that objective, Al-Jazeera Trading FZCo. was established in 2001. Between 1996 and 2003, The company managed to be the biggest tire importer and distributor in the Iraqi market, and among leading dealers in Dubai, Lebanon and Jordan, with sales volumes between 30 and 35 million US dollars per year. After the American invasion to Iraq in 2003, the company's business in Iraq grew exponentially, reaching a sales volume of 52 million US dollars in 2005. As the political situation in Iraq deteriorated in 2006 and 2007, most companies were forced to exit the Iraqi market, small companies diminished while other companies were forced to shift their operations outside of Iraq. Al-Jazeera's management had a different approach; the company remained in the Iraqi market, and started to explore new business opportunities in the region. Aside from its main tire business, the company currently has diverse investments in hotels and logistic services
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