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Al-Ghurair Group

Found in: Companies of the United Arab Emirates

Al Ghurair Group — ; is a main business group contributing to the economy of Dubai and the UAE. Abdulla Al Ghurair & Saif Ahmad Al Ghurair are pioneers of the business society and pillars of the community. Abdulla Al Ghurair is 77th richest in the world, Source. The Group is family owned and managed. Al Ghurair Group has been in business for over 100 years with expertise in retail, industry and manufacturing. Al Ghurair is one of three biggest exporting & importing company in UAE. Al Ghurair Group is one of the Largest Conglomerates operating in and around the UAE region, with a presence in more than 20 countries.

Key people

Al Ghurair's family legacy can be traced back to his father Ahmad Al Ghurair who established Al Ghurair Group in 1960. The family name has been a fixture in the UAE business community since then, spreading farther through his sons Saif, Abdullah, Majid, Marwan and Jomaa. His Excellency Saif Al Ghurair inherited Al Ghurair Group.

Abdullah Al Ghurair is brother to Saif Ahmad Al Ghurair, both owns various business. Abdul Aziz Al Ghurair is the nephew of Saif Ahmad Al Ghurair, Abdul Aziz Al Ghurair Group is know as Abdulla A. Al Ghurair Group of Companies

Abdul Aziz Al Ghurair Group investment is fully diversified with major business interests in Bank (Mashreq bank pronounced as Mushreq bank), Insurance, Shipping, Electro-Mechanical, Education, Power, Retail, Trading, Natural food services & Industries, Construction, Cement, Aluminum & Marble amongst others. Abdul Aziz Al Ghurair is 77th richest in the world, Source.

Saif Ahmad Al Ghurair Group is one of the most powerful players in the UAE's real estate and manufacturing sectors. The Saif Ahmad Al Ghurair family owns and leads the different business units of the group. Majid Saif Al-Ghurair is listed on the Young Global Leaders - Business List.

The Saif Ahmad Al Ghurair Group operates eight or more strategic business units that are part of three main lines of businesses [LOBs] —

Real Estate and Shopping Malls. — Manufacturing (Packaging Solutions and Aluminum). — Investments. Al Ghurair Group are local franchisees for the most popular brands in the world.

Some of the companies are centrally managed by AGI , Al Ghurair Group Investments.

Timeline

1976: Gulf Extrusions incorporated.

1982: Arabian Packaging incorporated.

1983: Al Ghurair family opens Al Ghurair Center, the first shopping center in Dubai

1990: Fertiliser, Fertiliser Raw materials and Minerals - Tradeline LLC

1991: Burjuman Mall opens for public.

1991: Arabian Packaging moves to 10,000 sqm factory and installs the largest line of corrugators in UAE.

1994: Al Ghurair Group, Private Company established.

1994: Steel and Non:Ferrous metals - Tradeline LLC

1996: Arabian Packaging is the first packaging company in the GCC to achieve ISO 9002 Certification.

1996: Agro:Commodities - Tradeline LLC

1998: Dubai Poly Film set-up the first BOPP plant with a 8,000 TPa capacity to be the largest producer of BOPP in the GCC and the Middle East.

1998: Trans Gulf Aluminium Co - Tradeline LLC

1999: Arabian Can Industry inaugurated and starts production.

2000: Bitumen & Petro:chemicals - Tradeline LLC

2000: Dubai Poly Film awarded ISO 9002 Certification.

2000: Arabian Packaging installs Martin Mini FFg 618 casemaker.

2000: Mr. Ahmad Saif Al Ghurair receives the Silver Box award from Martin.

2000: Gulf Extrusion expands its capacity and adds a third extrusion line.

2002: Burjuman invests AED 1.4 billion in expansion to have entire project area .

2002: Gulf Extrusions receives ISO 9002 Certification.

2002: Al Ghurair Group invests AED 200 million in a new shopping mall targeting middle income families.

2003: Saif Al Ghurair donates 2 million United Arab Emirates dirham in the fund raising campaign launched by Sheikh Mohamed Bin Rashed Al Maktoum foundation for humanitarian and charity works to support the Iraqi people.

2003: Burjuman expansion reaches the final construction phase with 66% of the project completed and 100% of retail space leased out.

2003: Al Ghurair Group is the first major organization in UAE to migrate to Linux. Al Ghurair uses Linux as a platform for all Enterprise business applications & Desktops / Laptops.

2003: Al Ghurair Group implements eAM in Gulf Extrusions and becomes the only organization in the region to have representation in Oracle eAM customer Advisory Board from Europe, Middle East and Africa Region.

2005: Tradeline Crusher Management - Tradeline LLC

2006: Al Ghurair Iron & Steel L.L.C. : UAEs first Integrated Cold Rolling & Galvanizing Steel Complex