In 1979, the Al Rostamani Group embarked on significant ventures that further propelled its growth trajectory. Of these ventures was the establishment of Thomas Cook Al Rostamani Travel, as a joint venture with Thomas Cook, the oldest UK travel company. At the end of this venture in 2007, the company was renamed as Al Rostamani Travel and Holidays (ART).
ART quickly emerged as a market leader, offering comprehensive travel and holiday services. Through strategic alliances with renowned brands such as Swiss Tourism, Rail Europe, and Globus, ART opened doors to premier vacation destinations for UAE residents while promoting UAE tourism to travellers seeking to explore the newly unified county.
Simultaneously, the group expanded its influence by forming Thomas Cook Al Rostamani Exchange Company, as a joint venture with Thomas Cook. At the end of this venture in 2007, the company was renamed as Al Rostamani International Exchange (ARIE).
ARIE, swiftly entered the market, providing forex remittance services to support an economy that was expanding. This was in part due to the steady increase of the population and the development of the UAE economy.
ARIE facilitated secure and efficient money transfers, enabling expatriates to return their savings to their home countries in addition to offering a variety of other services.
The establishment of ART and ARIE in 1979 marked a special year for the Al Rostamani Group, as these ventures aligned with the evolving needs of UAE residents and the rising significance of the country’s tourism and financial sectors. Through their commitment to delivering exceptional travel services and reliable forex remittance solutions, ART and ARIE contributed to the group’s ongoing success and further solidified its position in the market.