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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]
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.
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]
He has been a member of the Dubai Economic Council since 2003. [5] He is on the board of the Commercial Bank of Dubai, Oman Insurance Company, and Masafi Mineral Water, [6] Commercial Bank of Dubai, Otis Elevator Company Middle East, and the National Cement Company. [5] He is the chairman of Al Ghurair Exchange. [7]
Essa Al Basha Al Noaimi, ambassador of the United Arab Emirates to the Islamic Republic of Pakistan; Salma Hareb, Chief Executive Officer at Jafza (Dubai free zone), the first female in the Middle East and North Africa to be appointed head of an economic free zone, [23] ranked as the 2nd most powerful Arab woman in government by Forbes [19]
Fish Roundabout, located at the northwestern periphery of Al Muraqqabat is an important landmark in Deira. Additionally, other landmarks in the locality include Al Ghurair Center, Hamarain Centre, Warba Centre, Al Muraqqabat Police Station, the head offices of Mashreq Bank and Al-Futtaim Group, Ansar Gallery departmental store and Reef Mall.