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Sobha Group LLC is a GCC based real estate developer headquartered in Dubai . The company was established in 1976 as an interior decoration firm in Oman by Mr P.N.C. Menon. [1] [2] [3] The company is functional in the UAE, Oman, Bahrain, and Brunei. Sobha Group LLC was the subject of a case study at Harvard Business School. [4]
In 2016, Menon and his wife Sobha joined The Giving Pledge list a philanthropic initiative started by Warren Buffett, former Microsoft chairman Bill Gates and his wife Melinda. [ 18 ] In February 2024, Menon contributed INR 110 million (USD 1.3M) to the BAPS Hindu Mandir in Abu Dhabi, UAE with the aim to support the ongoing construction and ...
Sobha Realty is an international luxury developer. Established in 1976 as an interior decoration firm in Oman by P.N.C. Menon – an entrepreneur, the company has grown its presence with developments and investments in the UAE, Oman, Bahrain, Brunei and India.
A pay scale (also known as a salary structure) is a system that determines how much an employee is to be paid as a wage or salary, based on one or more factors such as the employee's level, rank or status within the employer's organization, the length of time that the employee has been employed, and the difficulty of the specific work performed.
Upon completion, the Dubai Marina will house 120,000 residents around the world's largest artificial marina. [1] Also nearby are the Jumeirah Lake Towers and The Meadows developments. The station was named DAMAC Properties from 19 September 2014 to 24 November 2020, when it was renamed back to Dubai Marina. [ 2 ]
There are over 1,500 major freehold developments and communities in Dubai. [1] Construction on a large scale is a part of Dubai Strategic Plan 2015 [2] unveiled by Mohammed bin Rashid Al Maktoum, the Ruler of Dubai, to maintain economic growth and to put Dubai on the map of the world, and a tourist destination of the world. [3]
In 2013, the ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, approved US$898 million of funding for the company and ordered work to start on two major projects on the Palm Jumeirah. [22] [23] In 2017, the company achieved $1 billion net profit in nine months, delivering 1,200 units with 23,000 under construction in Dubai. [24]
A pay grade is a unit in systems of monetary compensation for employment. It is commonly used in public service, both civil and military, but also for companies of the private sector.