Al-Waleef Group acquired Mabkharat Al-Emarat Co., a highly renowned and deeply rooted company specialized for more than 13 years in selling incense, perfumery products and oriental accessories in Saudi Arabia.

On this occasion, Abduljabbar Al-Bu Khuder, GM of Al-Waleef Group, said: "We anticipate that such a successful move would help us to maintain the originality of Mabkharat Al-Emarat. We, as well, do hope to develop this brand and sustain its deeply rooted heritage, and assist the company with our vast expertise, to develop and originate authentic incense and oriental perfumes worthy of our customers."

According to economists, this acquisition will help to promote the strategic position of Al-Waleef Group in the Gulf market where the group is heading toward realizing its “big dream” to establish world-class perfumery and incense in terms of quality and presentation.