Gulf Marine Maintenance & Offshore Company (GMMOS) Supports the Al Noor Training Centre for Children With Special Needs for the 12th Year

News provided by

Gulf Marine Maintenance & Offshore Company (GMMOS)

Feb 07, 2011, 09:20 ET

DUBAI, UAE, February 7, 2011 /PRNewswire/ -- Gulf Marine Maintenance & Offshore Company (GMMOS), a premium service provider for the oil & gas industry in the GCC (and parent company of Stanford Marine), has announced the continuation for the 12th consecutive year of its support for the Al Noor Training Centre for Children with Special Needs. GMMOS' support will be in the form of sponsoring tuition for one of the children of the Al Noor Training Centre, thus helping the child develop capabilities that can help with integration as a valuable member in the wider community.

"We take great pride in helping our community by providing opportunities for children with special needs to receive professional training as we have done for twelve years now, and we look forward to continuing our support for the Al Noor Training Centre," said Elias Nassif, CEO of GMMOS. He added "We all need support for achieving our potential, regardless of background."

About the Al Noor Training Centre for Children with Special Needs:

Al Noor Training Centre for Children with Special Needs opened its doors in Dubai on November 21, 1981, starting with only eight children. The Centre serves children with special needs from different nationalities. Its new purpose-built facility opened its doors in April 2007 and was officially inaugurated on November 04, 2007 by HRH Princess Haya Bint Al Hussein, Wife of His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of the U.A.E. and Ruler of Dubai. The Centre has been generously donated by His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice President and Prime Minister of the U.A.E. and Ruler of Dubai and was made possible through the benefaction of HRH Princess Haya Bint Al Hussein. The Centre runs under the auspices of the Ministry of Social Affairs. An appointed Board of Governors formulates the governing policies, which are then implemented by the Director of the Centre. For additional information, please visit http://www.alnoorspneeds.ae

About Gulf Marine Maintenance & Offshore Company (GMMOS):

GMMOS Group is comprised of four well-established business divisions centered on two main activities: Marine and Engineering. In Marine, GMMOS activities include Stanford Marine, a prominent Offshore Supply Vessel (OSV) charter operator in the Gulf currently expanding in South East Asia and India, and Grandweld, the leader in shipbuilding and ship repair in the Gulf focusing on the OSV segment. The company's Engineering activities include GMMOS Fabrication, an oil and gas specialized steel fabricator of pressure vessels and skid modules with operations in the UAE and Kazakhstan; and Gallagher, one of the largest mobile fleet operators in the UAE with a presence in the Dubai and Abu Dhabi markets. GMMOS is 51 per cent owned by a Fund managed by Dubai-based Abraaj Capital and the remainder by Abu Dhabi-listed Waha Capital. For additional information, please visit http://www.gmmosgroup.com

About Abraaj Capital:

Abraaj Capital is the biggest private equity group in the Middle East, North Africa and South Asia (MENASA). Since inception in 2002, it has raised close to US$ 7 billion and distributed almost US$ 3 billion to its investors. Headquartered in Dubai, Abraaj Capital operates eight offices in the region including in Istanbul, Cairo and Riyadh. Funds managed by Abraaj Capital and its predecessor entities have made 42 investments in 12 countries and achieved more than 20 exits. More than 75 world-class investment professionals work for Abraaj Capital, which manages seven Funds including; four buyout Funds; Riyada Enterprise Development Fund (a Fund dedicated to small and medium enterprises); and ASAS, (an income-generating real estate Fund). Funds under management at the end of 2009 were US$ 6.1 billion. Funds managed by Abraaj Capital have holdings in around two dozen companies in the region including Air Arabia, (the region's biggest low-cost carrier); Acibadem Healthcare Group, (Turkey's largest privately owned hospital operator); and Al Borg Laboratories, (the Middle East's biggest privately owned medical-testing laboratory company). Abraaj Capital has won many regional and international awards, including five consecutive years as 'Middle Eastern Private Equity Firm of the Year' from London-based Private Equity International. Abraaj Capital Limited, a member of the Abraaj Capital group, is licensed by the Dubai Financial Services Authority. Abraaj Capital is also an associate member of the European Venture Capital Association.