Abdulla Obaid is the Founder and Managing Director of Folk Group. He is responsible for directing the group’s business strategy and implementation across the portfolio of companies. He continues to oversee the day to day operations while being heavily involved in sales. It was Abdulla Obaid’s vision to have the most reliable company in the field of shipping which established the Folk Group and what gives it the drive to continue to grow.
Abdulla's long Engineering's studies and knowledge has supported his shipping passion and helped sustain and maintain his business with his close eye on it.
In 1991, Abdulla Obaid decided to begin trading in oil commodities and that is when CME General Trading was established. In 1991 he established Folk Shipping LLC and in 2002 he established the Folk Group, which consists of three companies that service each other: Folk Shipping LLC, Folk Energy LLC, and Folk Petroleum FZE
Currently, Abdulla Obaid sits on the board of directors for DCMMI (Dubai Council For Marine and Maritime Industries) and is a strong supporter and member of advisory board of TASNEEF, Emirates Classification society.