MBA Fakhro Group
MBA Fakhro Group is a Bahrain headquartered group that founds and grows wholly owned businesses across the globe across nine different business segments, through the regional offices located in Bahrain (Covering the Middle East), Kerala, India (Covering South Asia), Silicon Valley, California, USA (Covering the Americas), Shenzhen, China (Covering South East Asia, the CIS, Russia, Australia, and Japan), Cape Town, South Africa (Covering Africa), and in Cambridge, England (Covering the United Kingdom & European Union). This group also operate smaller offices within each region that report to their respective business segments and/or regional offices.
| Private | |
| Industry | Conglomerate |
| Founded | 11 June 2000 |
| Founder | Mo Fakhro |
| Headquarters | |
Area served | Middle East, North America, India, South Asia, South East Asia, Africa |
Key people | Mo Fakhro (Owner) |
| Total equity | US$1 Billion (2019) |
| Website | www |
MBA Fakhro Group is an innovation focused multinational group. The focus is on technological progress and on developing their own proprietary inventions and innovations through their own R&D labs around the world. They have founded and own multiple businesses around the globe in fields including artificial intelligence, machine learning, biotech, business automation software, fintech, electric cars, drones, websites, apps, greentech and internet of things. In addition to this, they have also founded franchises or distribute or implement products for global franchisers and manufacturers in fields that do not utilize the R&D efforts. These endeavors include companies they own in areas such as education, health, hospitality, and trading.
The primary focus is on profits, but aim to achieve these profits primarily in ways that contribute to improving the lives of the people of the world. The Research and Development labs by them are constantly at work around the world to find inventions and innovations that contribute to making the world a better place. The MBA Fakhro Group does not engage in activities that view as being unethical, immoral, illegal, or harmful to fellow human beings.[1]
History
Mo Fakhro, the member of fifth generation of Fakhro Group based in Bahrain which claims the business legacy of 100 years in GCC, Iraq and India, founded MBA Fakhro Group on June 11, 2000. MBA Fakhro Group was incorporated to organize the several divisions under one single umbrella and to help improve the activities of these divisions in harmony. Mo Fakhro is presently holding the position as one of the directors in Fakhro Group.
Segments
MBA Fakhro Group operates under the following 9 business segments:[2]
Consumer Electronics
The Consumer Electronics business segment of MBA Fakhro Group consists of Lepton Robotics[3] and Odessey Corporation.
Education
The Education business segment of MBA Fakhro Group consists of Academia Enterprises. Academia Enterprises is the exclusive franchisee of EtonHouse International Education Group in Bahrain.
Foods
The Foods business segment of MBA Fakhro Group consists of Applebee’s Bahrain & Oman, Boulanger De Paris, Herby, It’s A Date, Ryce.
Health
The Health business segment of MBA Fakhro Group consists of Athletica Corporation, C3, Princess Agro.
Infrastructure
The Infrastructure business segment of MBA Fakhro Group consists of Phoenix Rising Group, and Promoscope.
Media
The Media business segment of MBA Fakhro Group consists of Straight Line Media and Technology General.
Mobility
The Mobility business segment of MBA Fakhro Group consists of Cornelius Hyperloop, Corstan Automotive, Nellford Aerospace, and Tiger Maritime.
Real Estate
The Real Estate business segment of MBA Fakhro Group consists of Barren Land, Commercial Property, Farms & Ranches, Hunting Land, Property Services, Residential Property, and Timber Land.
Information Technology
The Software & IT business segment of MBA Fakhro Group consists of 123Kenya, AbleCode, AdClicks.me, Afcraft, AI Crystal Ball, Alchemist, Algebra AI, ArabianBookings, ArmeniaClassifieds, ArmeniaHomes, ArticlesBD, Artify HCM[4], BakuClass, Barasti, Biyore, BombayBuy, CameroonCars, CameroonMarriage, Camerti, Chatter Bits, ClassAfrica, CodedBlocks, CongoCars, CongoHomes Delmar, Dragon Software, Dukakeen online shopping[5], EasyGamesToday, EthiopiaCars, EthiopiaMarriage, EthiopiaShopping, GoingToDubai, GulfReader, HardwareReview, Healthy-N-Tasty, HindiUploads, IndiaMadeIt, IndiaMakesIt, IraqiClassifieds, IraqiMarriage, IslamicHearts, Joboxo, JustHindi, JustUrdu, LC Blocks, Leland Neland, Magic Penny, MaidInArabia, MEflair, MEshopping, Morces, Motor Methods, MyFoodMyWay, Nafaneef, NigeriaBuy, NigerianMarriage, NileBuy, NotArranged, Novo Resto, OneTimePro, OpenArticles, PaymentsByMobile, Phoenix Rising Group, Ping Boom, Playersa, PropertiesGulf, Red Sky Software, RuwadBank, SaharaMarriage, Sayara, Sella, SubmissionGate, TanzaniaMarriage, Teasher, Touristers, TravChain, TVNigeria, UgandanClassifieds, VideoPashto, Voyager IT Solutions, Whereisly,and YUU Cosmetics.
Research & Development
The MBA Fakhro Group is an organization that aspires to excel through intellect. Here the research and development labs are the engine that creates the products and services that spin off as separate businesses. The current R&D efforts look for answers to problems in the fields of Material Sciences, Medicine, Blockchain, Artificial Intelligence, Internet of Things, Bioinformatics, Genomics, 5G, and Augmented Reality. The group consists of a team of great pioneers, creative thinkers, and engineers, with a deep desire to participate in the process of changing the world positively, one invention, one innovation, and one award winning product at a time.
MBA Fakhro Group has created award winning software, hardware, and medicinal products, that each form the bedrock for the new companies that they create. Also creates environmental solutions to help to save the planet, medicinal products to save lives, and technology products to improve productivity, efficiency, and standards of living.
Some of the successes of those R&D efforts include award winning products like Artify HCM, Motor Methods, Dukakeen, and Algebra AI. The pipeline of upcoming products include cancer treatment products to fall under a new company to be called C3, unmanned aerial vehicle and human jetpack technology to fall under a new company to be called Nellford Aerospace, solar technology in the shape of roof tiles under a new company to be called Phoenix Rising, and smart glasses to fall under Odessey company, among other products.[6]
References
- "Company details". mbafakhro.com. Retrieved 15 May 2020.
- "Business segments". mbafakhro.com. Retrieved 15 May 2020.
- "Bahrain-based Conglomerate Set to Launch Robotics Business in Silicon Valley and Shenzhen". marketwatch.com. Retrieved 2020-06-05.
- "New Version of Artify HCM Released by MBA Fakhro Group". massachusettsnewswire.com. Retrieved 2020-06-05.
- "MBA Fakhro Group Launches Dukakeen.Com, the Complete Online Family Store For Bahrainites". gulfreader.com. Retrieved 12 June 2019.
- "Research & Develpment". mbafakhro.com. Retrieved 15 May 2020.