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Pioneering Businesses

In the 1950s, buoyed by GCC's success and with his entrepreneurial drive now in high gear, Suliman undertook a series of trailblazing projects. He played a key role in developing Saudi Arabia's earliest electrical power companies ultimately founding the country’s first public utility, the National Gas Company.

In 1954, he launched General Trading Company (GTC), a food and consumer products distribution business. That same year Suliman became instrumental in introducing commercial insurance to Saudi Arabia, founding Arab Commercial Enterprises (ACE), which went on to become the largest insurance and reinsurance broker in the Middle East.

Photo: Suliman (right) with Bill McMullen, Manager of Aramco’s Products Distribution Department.

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Pioneering Businesses