Saif Al Ghurair Net Worth is$1.4 Billion
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Saif Al Ghurair net worth: Saif Al Ghurair is an Arab businessman who has a net worth of $1.4 billion. Saif Al Ghurair is the former CEO and chairman of Dubai-based Al-Ghurair Group. Saif Al Ghurair is one of the most powerful players in the UAE's real estate and manufacturing sectors. Coming from an old Dubai merchant family with interests in banking, malls and manufacturing, Saif currently holds major stakes in Mashreq, a leading Emirati bank run by his nephew, Abdul Aziz Al Ghurair. All of his sons hold positions within the group, Abdulrahman being chairman and Majid serving as chief executive. Majid has also been listed on the Young Global Leaders - Business List. Other family members, including his billionaire brother Abdulla, own and lead different business units of the group. Saif 's most recent business deal is selling a stake in his steel company to Nippon Steel. Apart from being a billionaire, Saif is one of the prominent U.A.E nationals and a famous Arab.
Al-Ghurair Group is a business group pertaining to the Al-Ghurair family in the UAE.
The Al Ghurair family legacy can be traced back to Ahmad Al Ghurair, who founded Al Ghurair Group in 1960. The family name has been a fixture within the UAE business community ever since. Ahmad Al Ghurair passed on his legacy to his sons Saif, Abdulla, Majid, Marwan and Jomaa.
Until the 1990s, Al Ghurair Group was led by Saif Ahmad Al Ghurair. This corporation was formed in 1960. In the 1990s, Saif Ahmad Al Ghurair and Abdulla Al Ghurair embraked upon creating two unique yet complementing diversified industrial groups. That decision led to the creation of Saif Ahmad Al Ghurair Group and Abdulla Al Ghurair Group.
Saif Ahmad Al Ghurair Group (Arabic: U???U?U????(C) ??U?U? ??U?????U???), with expertise in retail, industry and manufacturing, is one of three biggest exporting and importing companies in the UAE. With a presence in more than 20 countries, the group has three main lines of businessa??real Estate and Shopping Malls. a?? Manufacturing (Packaging Solutions and Aluminum). a?? investments.

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Saif Al Ghurair Latest News

Drake & Scull International's chairman resigns

Majid Saif Al Ghurair has resigned from his position as chairman of the board of directors at Drake & Scull International (DSI). In a statement issued to Dubai Financial Market (DFM), the UAE-headquartered contractor said that Al Ghurair’s departure was ...
Posted: September 11, 2017, 1:41 am

Drake & Scull chairman resigns

DUBAI: Drake & Scull (DSI) on Sunday said that Majid Saif Al-Ghurair, company’s chairman, has resigned from his position. The Dubai-listed company, in a short statement to the bourse, said that Al-Ghurair has resigned from the chairmanship and membership ...
Posted: September 10, 2017, 6:54 am

VAT in UAE will not affect trade: Dubai Chamber chairman

NEW DELHI: The UAE levying a 5% value added tax from next year will not affect trade, Dubai Chamber of Commerce and Industry Chairman Majid Saif Al Ghurair has said. "There will be no affect of VAT on trade. The discussion is to have VAT between 4-5%.
Posted: March 16, 2017, 10:31 am
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