Saif Ahmad Al Ghurair (Arabic: سيف أحمد الغرير; 1924 – 27 August 2019) was an Emirati billionaire businessman, CEO of the Dubai-based Al-Ghurair Group, a large company in the UAE's real estate and manufacturing sectors. His family owns and leads the different business units of the group.
Saif Ahmad Al Ghurair | |
|---|---|
| Born | 1924[1] |
| Died | August 27, 2019 (aged 94–95)[1] Dubai |
| Resting place | Qusais Cemetery, Dubai |
| Nationality | Emirati |
| Occupation | Businessman |
| Title | Chairman, Al Ghurair Group |
| Children | 6 |
| Relatives | Abdulla Al Ghurair (brother), Abdul Aziz Al Ghurair (nephew) Mohamed Saif Al Ghurair (son) |
Early life
editAl Ghurair was born in 1924 on the shores of Dubai Creek, the eldest of five sons.[2]
Career
editIn 1960, he founded the Al Ghurair Group, a company which has interests in banking, steel and packaging.[3][4] The group invested in real estate, retail and manufacturing.[2]
In 2004, his group opened a second Burjuman Centre with an office tower, hotel and luxury service apartments.[2] He was also a significant shareholder in Mashreq.[3]
In 2006, he formed the company Taghleef Industries through a merger of Dubai PolyFilm with Technopak of Egypt and AKPP in Oman, and it became one of the world´s largest manufacturers of polypropylene films, lamination and food packaging.[3]
In 2015, his net worth was estimated at $3.4 billion.[5]
Personal life
editHe was the eldest son of Ahmed Al Ghurair.[1] He was married with six children, and lived in Dubai.[3]
A stormy boat trip to India in the 1930s to sell dates left him blind in one eye.[3]
Death
editAl Ghurair died in Dubai in August 2019, aged 95. He was buried in Qusais Cemetery, Dubai on 27 August 2019.[6]
See also
editReferences
edit- ^ a b c "Prominent Emirati businessman Saif Ahmed Al Ghurair dies". Gulf News. Retrieved 2020-02-27.
- ^ a b c Mark Anthony Karam. "Snapshots from the life of business mogul Saif Ahmed Al Ghurair". AMEinfo. Archived from the original on 2020-04-07. Retrieved 7 April 2020.
- ^ a b c d e "Forbes profile: Saif Al Ghurair". Forbes. Retrieved 27 February 2020.
- ^ "Tributes pour in after Saif Al Ghurair, pioneering Dubai businessman, dies". The National. 27 August 2019. Retrieved 7 April 2020.
- ^ "Forbes reveals the top 5 richest men in the UAE". Al Bawaba. Retrieved 2022-12-30.
- ^ "Noted Emirati businessman Saif Ahmad Al Ghurair laid to rest in Dubai". Gulf News. 27 August 2019. Retrieved 28 August 2019.
External links
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