Al Tayer Stocks LLC was founded in 1998 in Dubai as a joint venture between the UAE-based Al Tayer Group and South African company Stefanutti Stocks on a 51-49% shareholding basis. In 2020 Al Tayer Stocks became 100% owned by Al Tayer Group. 

Al Tayer Group, established in 1979, is a privately held, diversified company, which employs 9,000 people. It operates in 12 Middle Eastern countries in the automotive, luxury and lifestyle retail, cosmetics distribution, construction, engineering and interior contracting sectors.