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Majid Mohammed Al Futtaim is the member of the Al Futtaim family, the owners of the Al Futtaim Group, one of the oldest and largest family-owned groups of companies in the Middle East region. Majid is a married man with the lion share of his fortune stemming from Majid Al Futtaim Holding and different speculations. Al Futtaim Group was set up in Dubai, the United Arab Emirates in the 1930s as a small trading venture. Business has developed over the years and was passed down to relatives until it eventually passed to Majid Mohammed and his cousin, Abdulla Hamad. In the year 2000....
Bridging Gaps in 2019. Joint Italian Arab Chamber of Commerce Prof. Dr. Roberto Scalia Taw Expert Paves The Path For A Rewarding And Outstanding Year Between Italy And The Gulf By Mariett Ramm The Joint Italian Arab Chamber of Commerce promotes and fosters the development of economic and commercial relations with Arab...
Families Wish To Manage Their Wealth Within A More Formal Corporate Structure. By A.M. Baloch United Arab Emirates Each glittering building in the above picture is a success story associated with one or more family businesses. There are two types of business entities in UAE (1) Private Offices of members of Royal Families of 7 emirates and (2) Prominent Family Groups of private families of Emirati and Expatriates. Private offices Private office of HH Sheikh Saeed Al Maktoum........
Voice of UAE October 2018 Investment opportunity Dubai continues to offer a wealth of enticing investment opportunities, with the city attracting AED28.6 billion (US$7.8 billion) in greenfield FDI in 2015, ranking Dubai as the 6th top city globally for foreign capital. Both local and foreign investors operate freely and securely in this robustly...
'Amazon effect' takes hold in the Middle East With the rise of e-commerce keeping a lid on prices and inflation in the US, consumers may benefit in this region too More frequent price changes for consumer goods in the United States along with increasing consistency in pricing due to the rapid...
THE PRIVATE OFFICE OF H.H SHEIKH TAHNOON BIN SAEED BIN TAHNOON AL NAHYAN aims to leverage the augmented growth of companies setting up in the UAE, that is in perfect calibration to the country’s vision & plans. Our partnerships necessitate sub-structuring & are inclusive of strategic initiations, economic &...
  UAE-based billionaire Indian-born retail tycoon Yusuff Ali M.A. is looking to further invest into the Philippines and create at least 2,000 more jobs for Filipinos. The Indian entrepreneur who operates 150 LuLu hypermarkets in the UAE and across the Gulf Cooperation Council (GCC) region and Egypt intends to make a...
Going, going, gone: A slice of Europe on Dubai’s doorstep By JENNIFER BELL Billionaire investors from Saudi Arabia are snapping up a slice of Europe — minutes from Dubai’s coast — as work on a luxurious man-made archipelago gathers pace. On the emirate’s “The World” archipelago, the Heart of Europe project provides...
UAE Mission to UN UN Secretary-General Antonio Guterres picked Mr Al Gergawi as one of 20 independent experts to advise him on the panel, which was launched at the UN headquarters in New York in July. It includes leaders from government, private industry, civil society, academia and the technology community. Its purpose is to strengthen international cooperation in digital...

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