STATUS REPORT : NASSER SULAIMAN HAIDER TRADING & CONTRACTING COMPANY WLL

STATUS REPORT SUBJECT : NASSER SULAIMAN HAIDER TRADING & CONTRACTING COMPANY WLL ALSO T/AS : AL SULAIMAN GROUP : AL SULAIMAN ALUMINIUM : AL SULAIMAN ...
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STATUS REPORT SUBJECT

: NASSER SULAIMAN HAIDER TRADING & CONTRACTING COMPANY WLL ALSO T/AS : AL SULAIMAN GROUP : AL SULAIMAN ALUMINIUM : AL SULAIMAN METAL WORKS : QATARI INDUSTRIAL EQUIPMENT AND SPARE PARTS (QEISP) : QATAR ENERGY & INDUSTRIAL SERVICE DIVISION (QEIS) : ATLAS INTERACTIVE QATAR : AL SULAIMAN JEWELLERY & WATCHES ADDRESS Head Office Location Area Street Town Country Telephone Fax E.Mail Mobile

: Montazah Area : Hattan Street : Doha : Qatar : (974) 428581 / 352442 (QIESP) / 350707 / 352332 : (974) 443468 : [email protected] : (974) 550 1121

Division Location (QEIS) Street Building Town Country Telephone

: Al Sadd Street : Al Mana Commercial Centre : Doha : Qatar : (974) 421900 (QEIS)

Postal Addresses P.O. Box Town Country

: 4687 : Doha : Qatar

P.O. Box

: 9377

 Equifax Plc. All rights reserved. This report is provided for your internal business use only and may not be reproduced, disclosed, distributed or transferred in any manner without permission of Equifax Plc. Please note that the information in this report is provided to Globalscan by third parties and the cost reflects the fact that we do not verify the information. Accordingly, we accept no liability in respect of inaccuracies or omissions (unless caused by our negligence) and our liability in other respects is limited.

Town Country

: Doha : Qatar

MANAGEMENT Nasser Sulaiman Haider Al Haider

Chairman & Managing Director

Sulaiman Nasser Haider Al Haider

Director

Abdulrahman Nasser Haider Al Haider

Director

Javid Hassan

Manager Manager (QEIS Division)

Adnan Mohamed Kassim Al Hitari

Manager (QIESP Division, Dubai Branch and Atlas Interactive)

PROFILE Legal Form

: Limited Liability Company (WLL)

Shareholders Nasser Sulaiman Haider Al Haider (Qatari national) Sulaiman Nasser Haider Al Haider (Qatari national & son of the above) Abdulrahman Nasser Haider Al Haider (Qatari national & brother of the above) Date Started Date Registered C.Reg.No. Capital History

: 1982 : 1998 : 9963 (Doha Commercial Register) : Not Disclosed :

Subject was originally established in 1982 as a Sole Proprietorship having Nasser Sulaiman Haider as Proprietor. As the business developed, the Qatar Energy and Industrial Service Division was created in 1993 and in 1996 the Qatari Industrial Equipment and Spare Parts Division was established. In 1998, the proprietor registered the business as a Limited Liability Company with himself and his heirs as shareholders.  Equifax Plc. All rights reserved. This report is provided for your internal business use only and may not be reproduced, disclosed, distributed or transferred in any manner without permission of Equifax Plc. Please note that the information in this report is provided to Globalscan by third parties and the cost reflects the fact that we do not verify the information. Accordingly, we accept no liability in respect of inaccuracies or omissions (unless caused by our negligence) and our liability in other respects is limited.

The Atlas Interactive Division was formed at the start of 1999 and most recently Sulaiman Rent-A-Car and a branch in the Yemen were established. Affiliated companies to Nasser Sulaiman Haider Trading & Contracting Company WLL : In Qatar Al Noof Jewellery & Watches P.O. Box 9377 Doha Qatar Sulaiman Oilfield Equipment Trading P.O. Box 9377 Doha Qatar Traffic Tech WLL P.O. Box 9377 Doha Qatar Email: [email protected] In Jordan Universal School Jordan In the UAE Sulaiman Petrotech P.O. Box 35409 Dubai United Arab Emirates Tel : (4) 339 5579 E-mail: [email protected] In Yemen Adnan Oilfield Service P.O. Box 18153 Sanaa Yemen Fax : (1) 263604 E-mail:[email protected]

 Equifax Plc. All rights reserved. This report is provided for your internal business use only and may not be reproduced, disclosed, distributed or transferred in any manner without permission of Equifax Plc. Please note that the information in this report is provided to Globalscan by third parties and the cost reflects the fact that we do not verify the information. Accordingly, we accept no liability in respect of inaccuracies or omissions (unless caused by our negligence) and our liability in other respects is limited.

OPERATION Subject operates through the following divisions : Nasser Sulaiman Trading & Contracting Division. Building and civil engineering contractors, importers, wholesalers and retailers of building materials, timber, steel, aluminum products, cement and clinker, construction machinery and tools. Generating some QR 40 million per annum Qatar Energy & Industrial Service Division (QEIS). Importers and suppliers of oil, gas and power plant generators, sewage and drainage equipment, seaboards, boat and vessels and components, providing installation and maintenance as well as after sales service to these supplies. Generating some QR 35 million per annum Qatari Industrial Equipment and Spare Parts. Importers and suppliers of machinery, equipment and spare parts as well as consultative services for the petroleum industry in Qatar. Manufacturers of hydraulic skits. Importers and suppliers of well head safety panels and chemical injection panels. Generating some QR 35 million per annum Atlas Interactive. A joint venture with Atlas Interactive of Scotland providing health and safety training for the gas and oilfield industries. Al Sulaiman Aluminum Aluminum fabrication workshop. Generating some QR 3.5 million per annum Al Sulaiman Metal Works Metal fabrication workshop Generating some QR 3.5 million per annum Al Sulaiman Jewellery & Watches Operators of four retail outlets and a workshop for the design and production of customised jewellery items. Generating some QR 20 million per annum Dubai Branch Dealing in building products, aluminum and steel products, oil and gas field supplies, jewellery and precious stones. Generating some QR 5 million per annum Certification

: ISO9002.

 Equifax Plc. All rights reserved. This report is provided for your internal business use only and may not be reproduced, disclosed, distributed or transferred in any manner without permission of Equifax Plc. Please note that the information in this report is provided to Globalscan by third parties and the cost reflects the fact that we do not verify the information. Accordingly, we accept no liability in respect of inaccuracies or omissions (unless caused by our negligence) and our liability in other respects is limited.

Imports From

: France, UK, Singapore, United Arab Emirates, Canada and the USA.

Exports To

: Iran, UAE, Algeria and Pakistan.

No. of Employees : 320 (fluctuates up to 400 depending on contracts and includes around 65 people in Dubai Office) Annual Sales 1999 2000 2001 2002 (projected)

: QR 145,000,000 : QR 150,000,000 : QR 185,000,000 : QR 250,000,000

Annual Profit 1999 2000 2001

: Not Provided : Not Provided : Not Provided

PREMISES Subject occupies administrative head office facilities at the address provided in Doha. Subject also operates through four retail jewellery outlets, two workshops in Qatar and a branch in Dubai, United Arab Emirates.

REFERENCES Banks Doha Bank Limited Al Jazrah Street P.O. Box 3818 Doha Qatar Tel : (974) 435444-6 (6 Lines) Tlx : 4534 DOHBNK DH Al Ahli Bank of Qatar QSC Al Mirqab Branch P.O. Box 248 Doha Qatar Tel : (974) 326611 / 436633 (10 lines) Fax : (974) 444652 Tlx : 5126 ALAHLI DH

 Equifax Plc. All rights reserved. This report is provided for your internal business use only and may not be reproduced, disclosed, distributed or transferred in any manner without permission of Equifax Plc. Please note that the information in this report is provided to Globalscan by third parties and the cost reflects the fact that we do not verify the information. Accordingly, we accept no liability in respect of inaccuracies or omissions (unless caused by our negligence) and our liability in other respects is limited.

COMMENT Subject is a large business, which was established as a Sole Proprietorship in 1982 by a respectable local businessman and registered as a Limited Liability Company with the founder and his heirs as shareholders in 1998. Since its' inauguration the subject has grown steadily to incorporate several diverse divisions, collectively known locally as Al Sulaiman Group. Our investigations have shown no reason to doubt the credit worthiness of this company. In our opinion the subject should be good for credit figures up to US $ 650,000. Following the recent terrorist attacks which occurred in the USA on Tuesday, 11th September, 2001 and the subsequent speculation that Arabs may have been involved, it should be noted that there may be an increased risk of political action, sanctions or even military retaliation against countries in the region. In view of this, in our opinion exporters to the region should exercise an appropriate degree of caution.

END OF REPORT

 Equifax Plc. All rights reserved. This report is provided for your internal business use only and may not be reproduced, disclosed, distributed or transferred in any manner without permission of Equifax Plc. Please note that the information in this report is provided to Globalscan by third parties and the cost reflects the fact that we do not verify the information. Accordingly, we accept no liability in respect of inaccuracies or omissions (unless caused by our negligence) and our liability in other respects is limited.