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Electra was one of the first major companies in the UAE. It was established in 1965 and was located in what is now colloquially known as Electra Street. The street “Electra Street” was initially named after the company Electra Abu Dhabi. Since then, it has been managed by the family and descendants of the founder and has grown into a large company and is part of a group of companies related to Electra Abu Dhabi.