Thursday 1 September 2011

A review of some popular local companies in Dubai

The companies of any country play a very prominent part in the development of that country. Dubai also derives its economic strength and prosperity from the many local companies in Dubai.   This state of UAE has numerous companies of diverse field. But most of the prominent companies are operating in the field of marketing, finance and investments, real states and the likes. As per the Gulf news agency there is at least one company on every 12 people of Dubai. This article reviews some of the popular local companies in Dubai.

Al Futtaim Group
It is one of the largest companies in the entire Middle-East. The group has many divisions such as Electronics, Engineering and Services, Automotive, Retail, Real estate, Construction and Insurance. Al Futtaim group is also operating many overseas projects. They have taken many construction projects in Europe and Australia.

Galadari Group
This company was established in 1960 and is operating from Automobiles to Newspapers, Heavy Equipments and Machinery to Ice Cream and Sundaes, from Engineering to Travel & Tourism, from Hotels to Information Technology. Galadari Brothers Group is widely respected in the areas of its operation.

Dubai Holding
Another large company in Dubai is Dubai Holding. At present it is managing many mega projects in Dubai that are in process since last five years. It does the work of research and identification of the opportunities for mega projects in Dubai that will greatly benefit Dubai and UAE as a whole.

Etisalat
Etisalat is the only telecom company in Dubai, which is authorized to provide telecommunications and Internet services in UAE. It is a government owned company which was established in 1976, it has developed state-of-the-art telecom infrastructure and is a leader in innovation and reliability among regional and international operators. Etisalat was ranked as the 6th best performing Arab company by ‘Forbes Arabia’ magazine for the year 2006.

Al Ghurair Group
The Group operates eight important business units that are part of three main business lines. The main areas of operation of the group are Real Estate and Shopping Malls, Manufacturing (Packaging Solutions and Metals) and Investments. The Real Estate core function is leasing and trading with leadership in retail real estate. Al Ghurair Group owns and manages Burjuman Mall which is the state of the art fashion destination in Middle East. Al Reef Mall started operations in 2004. This mall targets the low to middle-income consumers.  Its unit Al Ghurair Real-Estate is experienced in Real Estate leasing and trading.

Al Habtoor Group
This is one of the most respected companies in Dubai. The Group is internationally recognized for its Construction, Hotels, Real Estate, Education, Automobile Distribution & Leasing and Publishing businesses. It is the most successful & respected business companies operating in the Middle East. This company is credited with the development of Burj Al Arab the only seven star hotel of the world.
This list is not complete and includes only some most popular names in Dubai. But there are many more local companies in Dubai who are performing well and making their contribution in the development of Dubai. With a little research you can find about them all if you are interested.

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