Founded in 1973, Xenel is one of the oldest trading houses in the Middle East. It is positioned at the center of a group of companies created with a shared vision of achieving economic growth by bridging know-how to different parts of the world. Over its 49-year history Xenel, through its internal skills, joint venture partnerships, and associations with global companies throughout the world, has built expertise in energy, diversified industries, petrochemicals, construction, infrastructure development, healthcare, industrial services, IT, logistics, real estate and global investing. Through its ability to identify opportunities Xenel is an acknowledged innovator and leader in building projects and companies. It has joint ventured and built alliances with global companies and institutions of international repute and created companies with global reach. Projects that highlight Xenel’s leadership abilities are: