The existence of cooperatives in United Arab Emirates is truly a great contributor for the country’s continuous progress and prosperous future. If we will take a closer look at thousands of cooperatives existing in the United Arab Emirates, we can say hooray to the accomplishments of many, however, there is this emerging cooperative that holds a unique glow.

Cooperatives are successful because they provide valuable services and save consumers money. Since the primary goal of cooperatives is to meet needs, not generate profits, they can serve their members at low cost. Cooperatives often provide services to their communities that are not readily available from for-profit businesses. In other cases, cooperatives enhance the level of competition in the marketplace by providing consumers with an alternative source of products and services.

AL AMAT Cooperative will adapt to the best international standards and practices that have not yet been fully deployed in the field of retail trade. Consumer cooperatives are businesses which belong to the people who use them as our goal is to expand and spread, use the best technologies and advanced systems, and increase Emiratization rates according to a well-thought-out plan in implementation of the directives of the wise leadership of the United Arab Emirates, and focusing on customer service and pleasure, supporting price stability and maintaining market balance through the promotional campaigns that are implemented, expanding the consumer base, protecting the consumer’s rights, and achieving good and distinctive profits for shareholders on an annual basis, which contributes to the advancing of the social and economic development in the country and globally.

The central principle of consumer cooperatives is member control and participation. These member/owners meet periodically to establish policy and elect directors. Directors, in turn, hire managers to administer the cooperative on a day-to-day basis. Members control the business and provide capital for a strong and efficient operation. And, members receive all net savings left after money is set aside for operations and improvements.