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Oras International

Oras International

We take pride by offering a products of High Quality and international specifications that will be suitable and equivalent with the Libyan Market. Oras international has exactly 128 employees in total, We always try hire the best staff there is. The El Kelani Company was established in Tripoli in the early 1960s by Mr. Ali El Kelani. Hes the father of the current CEO, Mr. Seddig El Kelani. Initially Mr Ali El Kelani funded a construction & masonry company named ORAS Internatioanl which quickly gained a very good reputation. In the following years, noting the success of his construction business Mr. Ali El Kelani decided to invest in the Ready-to-Wear industry , off-course the influence of Italian culture to Libyan society at the time had to do with this completely different line of work . He initially bought the goods through Europe, mainly Italy, France and Spain, and then opened a distribution network in Tripoli while becoming the owner of several stores in the Libyan capital Tripoli . The business was flourishing until 1970 when Muammar Gaddafi took the power. The economical situation slowly deteriorated and in 1978 the Jamahiryan government decided to nationalize all companies and to prohibit private trade. The State has also confiscated many goods including land & property. The private sector has remained inoperative for 10 years. In 1988, Gaddafi decided on a strategic change leading to a liberalization of the economy. In 1989, Mr Seddig El Kelani restarts the company of his father while keeping the construction branch. But he decided to focus his investments on Automobile and its Spare Parts, PEUGEOT was the leading and most popular car at the time . It was a smart move which quickly grew. But in 1992, Libya faced a difficult situation, the country was isolated from the international scene and the embargo imposed by the United Nations weakened business . Moreover the exchange rates USD v/ Libyan Dinar exploded and it was difficult to cope with this new problem. In April 1999, Libya was reintegrated ...

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About Oras International

Estimated Revenue

$1M-$10M

Employees

11-50

Category

Location

City

Tripoli

Country

Libya
Oras International

Oras International

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