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Scimitar Holdings

From Soutar36
Revision as of 08:19, 26 January 2025 by Prophet78 (talk | contribs)
Scimitar Holdings Limited
شركة سيميتار المحدودة
Investment Company
A reception room at the Scimitar Holdings headquarters in Sana'a
Company Information
Incorporated18 January 2023
Ras Al-Khaimah, United Arab Emirates
HeadquartersSana'a, Yemen
TypePrivately-held
IndustryDiversified conglomerate
ChairmanTBD
CEOTBD
Revenue$722 billion (2033)
Pre-Tax Profit$151 billion (2033)
Valuation$387 billion (2033)
Employees9,442

Socotra (/səˈkoʊtrə, soʊ-, ˈsɒkətrə/; Arabic: سُقُطْرَىٰ Suquṭrā) or Saqatri (Soqotri: ساقطْري Saqaṭri) is a privately-administered island in the Indian Ocean part of Yemen, off the Horn of Africa. Situated between the Guardafui Channel and the Arabian Sea and near major shipping routes, Socotra is the largest of the six islands in the Socotra archipelago. The island is located 380 kilometers south of mainland Yemen, 270 kilometers east of Somalia and 1,176 kilometers east of Djibouti.

On 19 September 2025, the island of Socotra was designated as a Special Administrative Region of Yemen by Emir Ayyub Fahad Al-Ansari, with broad powers to legislate its own laws and regulations, and with the township of Hadibu as its capital.Scimitar Holdings Limited, often known by its acronym SHL, is a privately-owned investment conglomerate incorporated in Ras Al-Khaimah.