Speedex Group is a Dubai based company which is popular in the retail and business sectors. It was founded in 1991 by visionary entrepreneur Mr. Moiz Tayebali Lokhandwala. They always work on the principle of their commitment toward quality, innovation and sustainability. The group has grown from a small hardware store in Deira into a diversified enterprise with multiple divisions that includes Speedex Tools, Symbolic Properties and UNS Vertical Farms.
The origin of the company can be traced back to 1979, when Mr. Moiz was a student in Mumbai. He used to supply wire nails to local crate manufacturers. By recognizing the potential of the UAE market along with his close associates he decided to launch an import-export business in Dubai. By 1991, his family relocated to Dubai and established Speedex Trading LLC. After some time, this company become a leading name in hand and power tools.
In 2023, Symbolic Properties was introduced that offer premium, family-oriented real estate communities. It emphasizes sustainability, social interaction and well-being.With over three decades of sustained growth, this group continues to set their benchmarks in retail, agriculture and real estate. It represents the values of perseverance, innovation and excellence.