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Al Ghurair (Arabic: الغرير) was established in 1960. Al Ghurair is one of the largest diversified family business groups in the Middle East , with six key business units: Foods , Resources , Properties , Construction , Mobility and Ventures, including Auto Servicing & Trading, Retail and Education ( Dar Al Marefa ).
Ahmad Al Ghurair later turned the management of the family's business interests to his five sons: Saif, Abdulla, Majid, Marwan, and Jomaa. [11] Saif became the chairman of the Al Ghurair Group, a position he held until the 1990s. [11] The Al Ghurair Group built the United Arab Emirates' first cement factory, flour mill, and sugar refinery. [1] [12]
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Established in 1973, ETA Star Group is a private company headquartered in Dubai employing about 70,000 people in 23 countries with annual sales of US$6.5 billion. [3] The ETA Star Group organization encompasses 140 entities and associate offices, with involvement in a number of verticals including automobiles, manufacturing, assembly, insurance, facility management, consumer electronics, real ...
His brother Saif Ahmad Al Ghurair (1924–2019), was a fellow billionaire and head of the Al Ghurair Group. [2] In 1967, Al Ghurair founded Mashreqbank. [3] In October 2019 he stepped down as Chairman, but remained as a board member. [2] [4] Under the Jenan brand, his company Al Ghurair Food sold pasta. [3]
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The company invest in oil and gas industry, power generation, and petrochemicals.It develops projects in Asia, the Middle East, and North Africa. [1] Quantitatively, the key objective of Trans Asia Gas International is to produce over 400,000 barrels per day (64,000 m 3 /d) within the next few years (equivalent to 18 million tonnes) petroleum products.
Saif Ahmad Al Ghurair (Arabic: سيف أحمد الغرير; 1924 – 27 August 2019) was an Emirati billionaire businessman, CEO of the Dubai-based Al-Ghurair Group, a large company in the UAE's real estate and manufacturing sectors. His family owns and leads the different business units of the group.