The Amal Group of companies headquartered in Dubai, the United Arab Emirates (UAE) commenced operations in 1997 following the amalgamation of 13 individual “hawala” firms as a partnership of seven founders of Somali origins who work together to build and promote the company operations. They succeeded in establishing a solid financial and management base within Somalia and internationally, putting the company in the lead in the money transfer business. On the strength of the trust and confidence shown by the communities served, the company embarked on diversification programs including business ventures in power generation and trade finance. Currently, the Group comprises Amal Express, Real Estate, Amal Islamic Bank and General Trading.