It’s all in the family—the Network of UAE family businesses
They all started as simple traders in the early 20th century. Decades later, these families have (mostly) traded in their distribution services, diversifying into a flurry of commercial activity.
August 21, 2011 5:12 by p.deleon
With one of Dubai’s oldest and by that extension most quaint, shopping malls named after this group, it should come as no surprise that the Al Ghurair Group specialises in shopping malls and real estate—as well as manufacturing and investments. Though the brand is now associated with the likes of Mashreqbank, National Cement Company, Masafi Water, Burjuman, Reef Mall and Al Ghurair Real Estate, the company’s initial business was rather different. Al Ghurair Chairman Saif Al Ghurair, began his business as early as the 1930’s when he started pearl diving and trading with his father. After that, the Al Ghurair family made history by starting the first cement factory in the UAE. Shortly after, they were instrumental in the creation of a flour mill, a sugar refinery and an aluminum smelter, and the rest, as they say, is history…
More on Article
-
Kuwait ministers reach out to bloggers and journalists
-
Consumer confidence in Dubai on the up
-
Tasweek: ‘Maintain and sustain’ real estate sector
-
The Arab youth have spoken
-
Easing Emiratisation
-
Yammine of Credit Suisse MidEast resigns
-
Walk this way
-
Top 10 Highest paid celebrities of 2012
-
The Daily Deal Dilemma
-
Top 5 Tallest Residential Towers in the World
-
In Pictures: London 2012 Olympic preparations
-
REFORM IN THE KINGDOM: Saudi Arabia pushes accelerator on reform
-
IN PICS
-
Saudi Arabia will enter women in London Olympics
-
vending machines
-
HORSING AROUND: The passion and big business that is horses in the UAE.
-
Ready for liftoff
-
SIGNS OF SLOWING ECONOMY DRIVE STANDARD & POOR’S DOWN
-
FISCALLY SPEAKING: Saudis Wouldn't Gain Much From A Union With Bahrain
-
FOR THE SAKE OF TOURSIM: Putting the 'United' back into the UAE.
Lately on Kipp
-
Dubai ruler makes horse doping illegal
-
CEO-elect of UAE’s fraud-hit RAKBANK has quit
-
Over 90% of passwords vulnerable to hacking
-
‘Renewable energy absolutely necessary’ – Saudi
-
NEC Display Solutions launches Full HD 3D ready compact meeting room projector
-
Saudi Arabia confirms another death from SARS-like virus
1 Comment
Thank you, I’ve just been looking for info about this topic for a long time and yours is the greatest I’ve found out so far. However, what about the bottom line? Are you sure concerning the supply?|What i don’t understood is in fact how you’re now not really much more smartly-favored than you may be now. You’re so intelligent.