Salam is marking its 70th anniversary as the world celebrates the FIFA World Cup Qatar 2022."Salam’s journey of achievements spans over 70 years - a journey that was started in 1952 by a far-sighted man, whose futuristic vision paved the path for the emergence of the business conglomerate, Salam International Investment Limited. That man was the late founder, Abdul Salam Mohamed Abu Issa," the company said in a press statement.In 1952, Abdul Salam opened the first shop in Msheireb under the name of Salam Studio, holding Commercial Registration No. 37. It was the first studio for photography and films development in Doha. In 1954, the ambitious Abdul Salam bought the restaurant adjacent to his shop and turned it into a shop selling gifts items.With this expansion, the shop’s name was changed to Salam Studio and Stores.Salam Studio and Stores moved to Al Rayyan in 1963, and then to Al Sadd in 1975. It was the only store at that time in Al Sadd and was run by Abdul Salam’s family. Again, following his insight, Abdul Salam decided to shift the store to a unique place in the West Bay area in 1982, which was the first mixed-use development in Qatar, called Salam Plaza. The Development had a department store, shops,entertainment and leisure facilities, F&B outlets, and offices.Over the years, Salam turned from a photography studio and family company into a public shareholding company listed on the Qatar Stock Exchange in the name of Salam International Investment Limited in 2002.Salam being a business conglomerate, locally and regionally, was able to play a prominent role in the fit-out and interior sector, energy and power, information technology and telecommunications, retail and distribution, real estate, and investments."Salam International Investment Limited consistently promotes growth and continued profitability through the effective deployment of capital resources and corporate strategies that prioritise shareholders value. Striving to meet and exceed the needs of its customers, and to become a regional partner of choice for its suppliers. Salam remains committed to developing its people and serving the communities in which it operates," the statement adds.
December 17, 2022 | 09:24 PM