Al-Ghurair Group


Al-Ghurair Group

Infobox_Company

company_name = Al-Ghurair Group.
company_type = Privately held company
company_| foundation = 1960| location = flagicon|UAE Dubai, UAE - Al Ghurair Group, PO Box #1, Salah Al-Din Road, Deira, Dubai, UAE (Head Office / Registered Office) | key_people = Saif Ahmad Al Ghurair, Abdullah Al Ghurair & Abdul Aziz Al Ghurair
industry = Manufacturing, Investments, Banking, Insurance, Shipping, Electro-mechanical, Power, Retail, Trading, Fast Moving Consumer Goods & Industries, Construction, Cement, Aluminum & Marble, Real Estate, Shopping Mall, Packaging and labelling, Education, Wireless, Telecommunication
num_employees = ~25,000 (Approximately on or before Jan 2006)
slogan = Growth in all directions.
homepage = [http://www.alghurair.com/ www.alghurair.com]

Al Ghurair Group — (Arabic:مجموعة الغرير); 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, [http://www.forbes.com/lists/2006/10/JDP8.html Source] . The Group is family owned and managed. Al Ghurair Group has been in business for over 100 years (i.e Formation of the company took place during 1960, but was operating from 1900) 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, [http://www.forbes.com/lists/2006/10/JDP8.html 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 [LOB’s] — 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 convert|4400000|sqft|m2.
* 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 (i.e Oracle e-Business Suite, DNS, Mail etc.,) & 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. : UAE’s first Integrated Cold Rolling & Galvanizing Steel Complex

See also

* Saif Ahmad Al Ghurair
* Abdul Aziz Al Ghurair
* ETA Star Group
* TransAsia Gas International

External links

* [http://www.stockhouse.com/News/CanadianReleasesDetail.aspx?n=6960058 TransAsia to Relocate 100,000-Barrel Refinery From Italy to Pakistan]

References


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