History

The first commercial adventure started four generations ago with Halil İbrahim Akkuş's grandfather. Halil İbrahim Akkuş's great-grandfathers came from the Horasan region of Samarkand and settled in Anatolia, engaging in farming and agriculture. His grandmother is of Saudi Arabian origin, a member of the Rifa'i family, and a Seyyide from the lineage of the Arab prophet.

Father Mahmut Akkuş, the son of an Arab mother and a Turkish father, entered his first commercial life as a fabric wholesaler in Istanbul's Wholesale Market, leaving his farming and agricultural work to his brothers.

The foundation of the commercial venture, established in 1934 at the heart of civilizations, the Grand Bazaar in Istanbul, grew through a partnership with Binsabt General Trading Co. founded in Kuwait in the late 1970s. They exported fabric, tents, and textiles to the entire Arab world, primarily to Saudi Arabia and Iraq. This commercial activity and accumulation came together under one roof in the 4th generation, giving birth to A&S Investment Holding, an investment company where all commercial firms and ventures are gathered.

A&S Investment Holding encompasses 22 companies in 4 countries, including Real Estate – Construction, Finance and Asset Management, Investment Consultancy, Export, Tourism, Energy, Education, Media, and Retail, founded by Uğur Akkuş and carrying the commercial knowledge passed down from generation to generation. It is a Turkish company with foreign partnerships.