Business


Khalifa Bin Yousef running his private business

The eldest son of Yousef Bin Ahmed Bin Obaid Al Suwaidi, he took over the family trading business. In the past, there were no direct trade lines with India and Abu Dhabi bought all its necessary goods from Bahrain. Khalifa's business grew out of a single Dhow, (called Dar Al Salam). He regularly made the trip to Bahrain purchasing and importing rice, sugar, spices and other basic consumables.

Khalifa Bin Yousef showed that he had a mind for business and innovation when the pearling industry came to a halt in the UAE. He made the wise decision to expand his business, and it did not take him very long to build up an excellent reputation as a businessman. He expanded his business empire successfully and soon he found himself as the dealer for some of the world’s biggest and most prestigious international industries. These included British Petroleum (BP), Rothmans, Philips, Rainbow Milk, Palmolive, Vauxhall Motors and Bedford Motors.

He was also the sole representative to both British Airways and the Gulf Company known today as Gulf Air.

 


Khalifa Bin Yousef ran the first gas station in Abu Dhabi

As the pearling era in Abu Dhabi has come to an end, with talent and initiative, Khalifa Bin Yousef expanded his business. Soon he was the dealer for major international industries in the region, like British Petroleum (BP), Rothmans, Philips, Rainbow Milk, Palmolive, Vauxhall Motors and Bedford Motors, "Nechala" in the local dialogue. He was also the sole representative to both the British Airways and the Gulf Company known today as Gulf Air.

 

British Petroleum

Business Petroleum

In 1953, the D'Arcy Exploration Company, the exploration branch of British Petroleum (BP), obtained an offshore concession which was then transferred to a company created to operate it, the Abu Dhabi Marine Areas (ADMA). It was a joint venture between BP and Compagnie Française des Pétroles (later, Total). Using a marine drilling platform, the ADMA Enterprise struck oil in the Umm Shaif field in 1958. Bu Hasa field followed in 1962, and the Zakum offshore field in 1965.

Some of the agencies represented by KBY in Abu Dhabi