Toyo Expands Middle Eastern Coverage
Toyo and its exclusive Qatar distributor, AlMuftah Trading, have plans to open two more sales outlets (at Wakrah and Al Khor, Qatar) next year. AlMuftah Trading has been Toyo’s exclusive Qatar distributor since 1968. It already has four outlets in Doha now dealing with Toyo tyres at Airport Road, Salwa and Industrial Area (two).
The AlMuftah group has been partners with Toyo for the last 40 years or so. Group managing director Ibrahim A al-Muftah said there are over 800,000 vehicles on the roads including cars, trucks, light commercial vehicles, earthmovers and industrial equipment. The annual import of tyres to Qatar is estimated to be about $30 million, Ibrahim A al-Muftah pointed out.
Toyo has been selling tyres in the Middle East since 1954. Currently, it has distributors in all GCC countries. AlMuftah Group is now one of Qatar’s largest private companies with interests in trading, construction and manufacturing. It has on its rolls over 5,000 employees.
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