Al Ghurair Group

Divisions The group has three main lines of business: manufacturing, real estate, and investments. The Al Ghurair Group's packaging businesses include Arabian Packaging, a corrugated packaging manufacturer, Arabian Flexible Packaging, and Arabian Can Industry, a manufacturer of multipurpose cans. The manufacturing division also includes Al Ghurair Iron & Steel, a cold rolling and galvanizing complex located in Mussafah. CAFU a petrol delivery app which was launched in 2018 has seen growth in the market also. Al Ghurair Real Estate oversees the group's real estate portfolio. The group also operates shopping malls, including the BurJurman Centre and Reef Mall. The Group's financial investments include a major stake in Mashreq Bank. Key people Majid Saif Al Ghurair is chief executive officer of the Al Ghurair Group. He is also a member and Young Global Leader of the World Economic Forum. Majid Saif Al Ghurair graduated from Al Ain University with a bachelor's degree in accounting. == Early history (1960–1989) ==

The history of the Al Ghurair Group traces back to the 1930s when Ahmad Al Ghurair and his son Saif were pearl divers in Dubai. Saif became the chairman of the Al Ghurair Group, a position he held until the 1990s. The group founded the Bank of Oman (later Mashreq Bank) in Dubai 1967. The plant opened in 1979. Arabian Packaging, a producer of corrugated packaging, was founded by the group in 1982. ==Modern history (since 1990)==

In the 1990s brothers Saif Ahmad and Abdulla Al Ghurair decided to split the Al Ghurair Group and create two complementary companies. Saif Al Ghurair retained the chairmanship of the Al Ghurair Group (now also known as Saif Al Ghurair Group). Al Ghurair Investment (also known as Abdulla Al Ghurair Group), was spun off from the Al Ghurair Group. Al Ghurair Investment, chaired by Abdulla Al Ghurair, focused on the family's finance, food, and construction businesses. The BurJuman was the second shopping mall to open in Dubai. The new company was renamed Taghleef Industries. It acquired Radici Films in 2008. TALEX was the first industrial project to be launched in Kizad. REFCO uses aluminium from the group's Gulf Extrusions subsidiary. ==See also==