Towfiq Group was established in 1992 in Somalia and it is headquartered in Bosaso, Somalia. It imports products from United Arab Emirates, Omman, Yemen, India, Malaysia, China, and Europe. It has branches in Bosaso, Hargeisa, Djibouti, Omman, United Arab Emirates, and China.
It is a partnership company and known to be one of the leading business entity in Somalia established as a modern day organization form. Towfiq Group played an important role for shaping the business practice in the country.
It is one of Somalia’s main distributors of necessary foods and leading provider of building materials, furniture, electronics, and other general merchandise. It provides the most competitive deals in terms of quality and price to its customers. To keep its promise to provide offers to its customers, the company has licensed to be the sole-distributor of several products from producing companies and it has co-invested Salalah Macaroni Company.
The company employs over 200 permanent and temporary employees earning income to support their families.