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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]
Address: BurJuman Centre, Al Mankhool, Bur Dubai, Sheikh Khalifa Bin Zayed Street: Opening date: 4 November 1991; 33 years ago () (renovated on 11 August 2014; 10 years ago ()) Developer: Al Ghurair Group: Owner: Al Ghurair Group: Architect: HEric R Kuhne & Associates, Kohn Pedersen Fox Associates PC: No. of stores and services: 320
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 ...
Location of the United Arab Emirates. The United Arab Emirates is a country at the southeast end of the Arabian Peninsula on the Persian Gulf.. The economy is the second largest in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of US$570 billion (DH 2.1 trillion) in 2014.
In 1960, he founded the Al Ghurair Group, a company which has interests in banking, steel and packaging. [3] [4] The group invested in real estate, retail and manufacturing. [2] In 2004, his group opened a second Burjuman Centre with an office tower, hotel and luxury service apartments. [2] He was also a significant shareholder in Mashreq. [3]
Al Ghurair is a member of a prominent Emirati business family. 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.
Al Ghurair has chaired the Al Ghurair board since 2008, [3] and since 2003 has been a board member of Abdul Rahman Saif Al Ghurair Investments and Mashreq Bank, [4] the oldest privately held bank in the Emirates. He has been a member of the Dubai Economic Council since 2003. [5]