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Company Description
The Golden Crown initially was formed as a family trading business back in 1987 by its founder Mr. Seyed Abbasali Marashi. The main trade was in electronics home appliances in the United Arab Emirates and the regional countries. Year 1991, saw the collapse of old Soviet Union, and the founder of group, sensed the business opportunities particularly in the oil sector in the newly independent “CIS” states and thus, the company entered the oil trading in that region as well. In 1994, after reasonable growth in the oil trading business, it was decided that a company should be established in Dubai-U.A.E. to bring together the oil business activities along with other traditional family business in electronics. “Golden Crown Trading Co. L.L.C.” was then formed