The event rounds off the traditional start-of-year Desert Swing
In the UAE, Al-Futtaim Group, which has over 200 businesses in sectors like automotive, financial services, real estate, retail and healthcare, is ranked first by Forbes. It also own franchises for brands like Zara, Marks & Spencer while real estate portfolio includes Dubai Festival City, Cairo Festival City, InterContinental Hotel and Crowne Plaza. Al Futtaim has a net worth of $2.1 billion. Abdullah Al Futtaim is chairperson of the group while his Omar is running the conglomerate.
The group operates 27 shopping malls and 13 hotels. Among its famous malls brands are Mall of the Emirates and City Center Malls across the region. It also operates franchise rights of Carrefour. Majid Al Futtaim has a net worth of $3.3 billion and ranked 590 on Forbes' world billionaires list 2020.
The group manages a number of residential, industrial and hospitality businesses. It also established the region's first shopping malls in the Mena region - Al Ghurair Centre in 1982. It also own Swissotel Al Ghurair, Al Ghurair Foods and Mashreq bank. Its founder Abdulla Al Ghurair controls $3.7 billion worth is ranked 494 on Forbes world's billionaires list. While its chairmperson is Abdul Aziz Abdulla Al Ghurair.
Founded in 1960, Al Ghurair Group's flagship property is The BurJuman Centre in Bur Dubai. It also has interests in petrochemical business and metal manufacturing among others. Its chairman is Abdul Rahman Saif Al Ghurair.
The group was set up in 1956 by Saeed bin Ahmed Lootah, who passed away on June 28. Lootah also founded Dubai Islamic Bank - the first Islamic bank in the world. He also established the UAE's first contracting company and medical college.
Established in 1950, Juma Al Majid Group is comprised of around 33 companies with interests in automotive, shipping, real estate, contracting, construction, FMCG and travel industries. Its founder and chairman Juma Al Majid also set up Juma Al Majid Centre for Culture and Heritage to restore and preserve manuscripts from all over the world.
The group has 14 companies representing automotive, real estate, retail, logistics, IT, travel and consultancy businesses. Its subsidiary Arabian Automobiles holds distribution rights of Nissan, Infiniti and Renault. Its chairperson is Khalid Al Rostamani.
Founded by its chairman Easa Saleh Al Gurg in 1960, the group holds distribution rights of Grundig and British American Tobacco. The group's portfolio includes 27 companies and 370 international brands including Dunlop, 3M, Danfoss and Osram among others.
The group, which was set up as a small engineering firm in 1970, has interests in automotive, hospitality, car leasing, real estate, education and publishing sectors. Al Habtoor City Hotel Collection, Waldorf Astoria Dubai Palm Jumeirah, Habtoor Grand Resort are some of its hotels in the UAE. Its automotive unit holds distribution rights of Mitsubishi, JAC, Cherry, McLaren, Bugatti and Bentley. Its chairman is Khalaf Al Habtoor.
Al Naboodah Construction Group, which is its biggest subsidiary with 14,000 people, has worked on the UAE's many iconic projects including Palm Jumeirah, Business Bay, Yas Island, Dubai Water Canal Project, Dubai airports, Dubai World Central and Expo 2020. Its other businesses are in automobile, travel, electrical, logistics, agriculture and fit-out and renewable energy sectors. The group's chairman is Abdullah Mohammed Juma Al Naboodah.
The group has 20 different companies in industries including automobiles, real estate, hospitality and food services management, construction, civil and marine engineering, hotels, education, printing, equipment trading and facilities management and consultancy, and employs about 10,000 people. Al Nabooda Automobiles is the sole importer of Volkswagen, Audi and Porsche in Dubai and the Northern Emirates. Its chairperson is Khalifa Juma Al Nabooda.
The group was set up by founder and chairman, Ali Al Daheri. Oil field supplies and services was the first division and is still one of the biggest revenue generators for the group. The group is also a dealer for Volkswagen, Audi, Porsche, and Skoda in Abu Dhabi. It has interests in construction, real estate, shipbuilding, ship repair, and jewellery. Its chairman is Ali Bin Khalfan Al Mutawa Al Dhaheri.
The group's founder and chairman is Ali Saeed Juma Albwardy and its portfolio consist of more than 30 companies in food distribution and retail, construction, and hospitality sectors. It represents international brands such as Four Seasons, Hyatt, Melia, and Desert Palm under its hospitality division. While its retail umbrella consists of Spinneys, Waitrose, and Al Fair. It distributes product brands such as Nestle, Kraft, Maggi, Dettol, Kleenex, Heinz, Henkel, Colgate, Ferrero Rocher and Libby's.
It was founded in 1994 by chairman Ghassan Aboud. The group has interests in automotive, logistics, media, hospitality, real estate, retail, and catering. It also has offices in Australia, Belgium, China, Jordan, and Turkey. It also established a TV production company and a satellite channel in 2008.
Its investment portfolio ranges from fresh produce, healthcare services, and manufacturing to aviation, hospitality, venture capital and real estate. It holds ownership or shareholdings in Del Monte, International Wings Group, Form Hotel, CF Tennis Academy, Oryx Ventures, and AGI Real Estate. The group was founded by its chairman Amir Abu Ghazaleh.
Its chairman Hussain J. AlNowais founded the investment firm in the late 1970s. It operate in the field of energy, infrastructure, healthcare, hospitality and real estate, FMCG, and technologys. Danway, its energy infrastructure arm, serves the GCC market. It also has a stake in Rotana Hotels, Alwaha Capital and AMEA Power.
Al Shirawi Group's holding company, Oasis Investment has 30 companies, with operations in trading, industrial, distribution, contracting and service industries. It owns Emirates Printing Press, Arcadia Education, Al Shirawi Contracting Co., Global Shipping & Logistics, and Arabian Oasis Industries. The company is chaired by Abdulla M. Al Shirawi.
Founded over 60 years ago by Abdul Jalil Al Fahim, the group's subsidiaries operate in automotive, real estate, industrial, hospitality, and travel sectors. The group owns and operates Fairmont Hotel Bab Al Bahr, Al Fahim Motors, and Marjan Industrial Development. Mohammed Abdul Jalil Al Fahim is the chairman of Al Fahim Family Council and Al Fahim Supervisory Board Member, while Ahmed is the chairman of Al Fahim's management board.
Founded by Michel Chalhoub, the group holds rights to sell Christofle, Baccarat, and Jean Patou. Today it is among the region's largest luxury retailers, with 650 retail outlets across 14 countries. The group has over 300 brands under its brand portfolio today, including Chanel, Louis Vuitton, and Christian Louboutin.
Since 1979, the Group has introduced over 80 automotive and retail brands to the Middle East with nearly 200 outlets across the region. In 2010, it opened the first international Bloomingdale's store in Dubai Mall. Al Tayer Motors represents brands such as Ferrari, Maserati, and Jaguar. Its Chairman is Obaid Humaid Al Tayer, who is also the Minister of State for Financial Affairs.
With operations across the GCC, GMG belongs to the Baker family. It has interests in sports, consumer, healthcare, education, living, properties, services, and logistics sectors. One of its most recognizable retail brands is Sun & Sand Sports with more than 200 stores. Its other brands are Farm Fresh, Super-Care Pharmacy, and Good Health Nutrition. It was founded by chairman Abdul Aziz Hassan Baker.
The event rounds off the traditional start-of-year Desert Swing
Singer's last studio tour was in 2016 in support of her album 'Lemonade'
Captain Hardik Pandya snaps up four wickets after Shubman Gill strikes his maiden Twenty20 international century
Customers can also purchase over-the-counter medicines, other health and wellness items with a delivery time of 30 minutes or less
Brent crude futures were down 14 cents, or 0.1 per cent, at $85.33 a barrel by 1419 GMT. West Texas Intermediate (WTI) U.S. crude futures rose 13 cents, or 0.2 per cent, to $79.00
The shortfall was bigger than the 780,000 bpd deficit in December
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