Al Ghurair is one of the largest diversified family business groups in the Middle East, with operations in seven distinct industry sectors: foods, resources, properties, construction, energy, mobility and ventures.

ABOUT US

A rich history of pioneering innovative businesses built on trust, excellence and responsibility, and a deep commitment to enhancing life for all.

HISTORY


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Woven into the fabric of the country’s rich heritage and economic growth, Al Ghurair is well-poised for the next chapter of transformation

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Our Company

Al Ghurair Foods serves customers across retail, food service and business-to-business in the UAE and beyond.

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Our Sectors

Al Ghurair Resources International is a key player in the commodities sector, specialising in grains, oils, proteins and pulses.

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Al Ghurair Properties addresses the needs of clients across hospitality, residential, office, industrial and retail.

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Al Ghurair Construction has delivered across three core areas – Engineering, Readymix and Masonry for 45+ years.

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Al Ghurair Energy is an active and trusted partner within the energy trading sector across the globe.

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Established in 2000, Cars Taxi was the region’s first franchise taxi operation.

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The Al Ghurair Investment portfolio also includes printing & publishing, retail, education and currency exchange.

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Media Centre

Careers


**Dubai, UAE, XX May 2025** – Al Ghurair marks another milestone in its commitment to leadership development with the successful completion of its second Executive Leadership Development Programme (ELP), delivered in collaboration with IE Business School, Madrid.

Driven by the Group’s People and Culture division, the programme is part of a broader cultural transformation journey aimed at future-proofing the organisation through continuous learning and development. 
The cohort of Leaders from across the organisation graduated in a ceremony held on May 1st, 2025, following an immersive programme that focused on skills such as purpose-led strategy, agile leadership, data-driven decision making and customer centricity.

In parallel, Al Ghurair also runs the Advanced Leadership Development Programme (ALP), tailored for the next level of aspiring professionals across the organisation. The ALP reinforces Al Ghurair’s commitment to empowering talent at every level.

“Investing in our people is investing in our future. Through these programmes, we’re shaping a culture of continuous growth and developing leaders who are ready to take on tomorrow’s challenges,” commented John Iossifidis, Group Chief Executive Officer, Al Ghurair.

The partnership between Al Ghurair and IE Business School highlights Al Ghurair’s ongoing commitment to investing in its people through world-class leadership development. By equipping its people with access to global best practice and advanced training, the company is fostering a positive culture of purpose-driven leadership, creating value and delivering sustainable excellence. These initiatives form a core part of Al Ghurair’s long-term strategy to build a dynamic and future-focused workplace.



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Al Ghurair Advances Leadership Excellence Through IE Business School Collaboration 

●	_EXEED unveils its first electric and hybrid model range, introducing the RX Plug-in Hybrid SUV, EXLANTIX ET SUV, and its first sedan debut, the EXLANTIX ES_

●	_The ET pioneers the Golden Range Extender Technology to eliminate charging anxiety_

●	_EXEED drives new energy into sustainable mobility with the opening of its flagship Abu Dhabi showroom—dedicated to its Super Hybrid REEV, and EV models_

**UAE, April 2025**: EXEED by Al Ghurair celebrated the unveiling of its electric vehicle (EV) and hybrid models in the UAE, with an exclusive launch event at Skydive Dubai on 9 April 2025. The premium automotive brand is reshaping the region’s sustainable mobility landscape, combining innovative technologies and performance to offer superior driving experiences.

EXEED is redefining the future of mobility with the launch of its fully electric models: the EXLANTIX ET SUV and the ELANTIX ES – EXEED’s first sedan. Equipped with the Super Hybrid Range Extended Electric Vehicle (REEV) technology, both models deliver an exceptional driving range of over 1,000 km. At the heart of this line-up is the Qualcomm-powered technology. Prioritising safety, the models have received a 5-star C-NCAP & CIASI rating, 88% high-strength steel, and advanced airbags, alongside cutting-edge driver assistance technologies for effortless control.

**EXLANTIX ET – Redefining Electric Driving**

Designed for those who demand versatility and endurance, the EXLANTIX ET SUV offers both pure electric and range-extended powertrain options, featuring EXEED’s pioneering Golden Range Extender Technology to eliminate charging anxiety. A high-performance adaptive air suspension system ensures a premium, smooth ride, rivalling luxury SUVs. With a drag coefficient of 0.266Cd and a 0-100 km/h acceleration in 4.9 seconds, the ET seamlessly blends efficiency with power, while offering passengers exuding comfort in zero gravity seats. Furthermore, it offers Arabic voice command, and an intelligent cockpit that puts drivers in control with minimal effort.

**EXLANTIX ES – Future of Performance and Design 
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The ELANTIX ES is a bold expression of avant-garde design, blending aerodynamics with artistry for a striking yet efficient silhouette. With a 0.205Cd drag coefficient, it enhances energy efficiency while ensuring a smooth, whisper-quiet ride. Engineered for precision handling and optimised weight distribution, the ES delivers an exhilarating 0-100 km/h acceleration in just 3.7 seconds. Its sleek aesthetics coupled with dynamic performance, offers an unmatched fusion of innovation, elegance, and driving excitement. Inside the sporty frameless door design encompasses a D-shaped steering wheel ready to give drivers a racing feeling of handling and grip.

**RX Plug-in – The Voice of the Hybrid**

EXEED has also introduced the RX Plug-in Hybrid SUV that balances power and efficiency. Powered by the Super Hybrid REEV System, it delivers a total range of over 1,300 km and maintains real-world fuel efficiency as low as 1.2L/100 km of a full charge.

The model is equipped with a Three-Speed Super Hybrid Transmission generating 445KW of power through 11 gear combinations, ensuring a responsive yet smooth ride. The safety is reinforced by a high-performance CATL battery, enhanced with EXEED’s M3P material system, which delivers real-time diagnostics and can cut power within just 2 milliseconds in the event of a collision. Also, designed for extreme conditions, it operates reliably across a wide temperature range of -35°C to 60°C - ideal for the UAE’s harsh climate.

With its Smart Hybrid REEV technology system, advanced safety measures, and long-range capabilities, the RX PHEV stands as a strong addition to EXEED’s new energy line-up. 

**New Showroom, New Energy – EXEED Flagship Showroom**

EXEED also opened its flagship showroom on 9 April 2025, located on Corniche Street in Abu Dhabi. This state-of-the-art facility will offer customers an immersive introduction to the brand’s electric future, with futuristic art installations, interactive digital advisors and EXLANTIX merchandise and products. 

“This launch is about more than just new models, it’s about EXEED defining the future of electric mobility in the region. With our industry-leading new technology, full EV and hybrid range of vehicles, and the introduction of the UAE’s first dedicated EXEED EV showroom, we are taking a major step forward in delivering intelligent, high-performance electric vehicles. The future of driving is here, and EXEED is at the forefront of this transformation,” **concludes Oscar Rivoli, Chief Executive Officer of Motors, an Al Ghurair Mobility business.**

EXEED invites customers to explore its refreshed design in new energy vehicles by visiting its Dubai showrooms at [Gold Diamond Park, opposite Equity Metro Station](https://g.co/kgs/vGmi6rN), and [D74, Al Ittihad Road – Al Khabaisi - Dubai](https://maps.app.goo.gl/196gSwiedRChPxY46). Customers in Ras Al Khaimah can visit the showroom on [Sheikh Rashid Bin Saeed Street in Saqr Bin Mohammed City](https://g.co/kgs/b7kdVG3). In Abu Dhabi, EXEED welcomes customers to its showroom on [Corniche Street, Al Khalidiyah](https://maps.app.goo.gl/bkAGFbckjayBCLzr5), adjacently located to its flagship showroom, dedicated to Super Hybrid REEV, and EV models.

[**EV and Hybrid fleet launched by EXEED - Al Ghurair**](https://www.khaleejtimes.com/business/exeed-by-al-ghurair-launches-ev-and-hybrid-fleet-in-uae?_refresh=true)

For more information or to schedule a test drive, contact EXEED by Al Ghurair at 600 540045 or visit www.exeed-uae.com

For more information, contact the EXEED team at 600 540045 or via the website: www.exeed-uae.com.


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EXEED by Al Ghurair Launches EV and Hybrid Fleet in UAE

**Dubai, UAE, 15 April 2025** – EQARCOM, a UAE-based digital proptech platform has signed a strategic Memorandum of Cooperation with the Dubai Land Department (DLD) during the IPS Conference 2025, on April 14 at Dubai World Trade Centre. The partnership marks a major step forward in the ongoing digitisation of Dubai’s real estate sector. 

Through the collaboration, DLD and EQARCOM will work together to strengthen transparency and regulatory compliance by enabling data integration, automating leasing processes, and enhancing the tenant-landlord experience via digital platforms.

Through the partnership, EQARCOM will integrate with DLD systems including Ejari, and gain access to market data, helping landlords streamline leasing processes and offer compliant, data-driven tenant experiences.

The agreement was signed by Mr Sultan Al Ghurair, CEO, EQARCOM Solutions, alongside Majid Al Marri, CEO of Real Estate Registration Sector, Dubai Land Department at the Dubai World Trade Centre.

“This agreement is a significant milestone, not only for EQARCOM but for the wider digitisation of Dubai’s property sector,” said Abbas Hayat, General Manager at EQARCOM. “With the support of DLD, we are delivering the tools landlords need to provide faster, smarter and more transparent leasing experiences.”

For more information, please visit **[eqarcom.ae](https://eqarcom.ae/)**.

[EQARCOM and DLD sign MoC to advance real estate digitisation - Construction Week Online](https://www.constructionweekonline.com/news/eqarcom-dld-moc-real-estate)


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EQARCOM and Dubai Land Department Sign Strategic MoC to Advance Real Estate Digitisation 

Dubai, UAE, XX February 2025 - Al Ghurair Mobility announces the grand opening of the first authorised SunTek® car care centre in Dubai. Located in Al Quoz 2, the state-of-the-art facility offers a comprehensive range of advanced car care products, utilising sophisticated energy and heat measurement technologies, as well as protective equipment.

Al Ghurair Mobility’s new Car Care programme provides discerning clients with a complete array of services focused on protection and appearance. Featuring an expansive installation bay for up to 12 vehicles, this concept transcends traditional offerings, extending protection to windows, bodywork, and interiors, alongside meticulous detailing services.

SunTek® specialises in automotive and architectural films, including those that block harmful infrared (IR) and ultraviolet (UV) rays. The centre’s highlighted offerings include the SunTek® ‘EVOLVE’ series, featuring HeatResist™ Ceramic technology for enhanced solar performance and infrared rejection (SIRR) of up to 94%. Additionally, the SunTek® ‘REACTION’ Paint Protection Film (PPF) combines superior hydrophobic qualities with self-healing protection, ensuring that vehicles maintain a pristine finish. The new hydrophobic topcoat provides a 25% increase in resistance against environmental element damage, utilising the trusted Eastman Tetrashield™ technology.

“Today marks a significant milestone for Al Ghurair Mobility as we expand our offerings with the first SunTek® car care centre in the region,” said Oscar Rivoli, CEO of Motors, an Al Ghurair Mobility business. “We are committed to providing our customers with the highest quality products and services that enhance and protect their vehicles.”

“We are thrilled to partner with Al Ghurair Mobility to bring the SunTek® brand to the UAE,” said Maurits Deckers, Distribution Sales Manager EMEA. “Our innovative products are designed to provide exceptional protection and performance, and we are excited to offer these solutions to local customers.”

The opening marks the further expansion of Al Ghurair Mobility’s offerings from its Motors business and solidifies its position as the authorised distributor for SunTek in the UAE. The Car Care concept extends beyond exterior protection to encompass comprehensive interior protection and detailing services, ensuring total protection for vehicles.


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Al Ghurair Unveils First Exclusive SunTek® Car Care Centre in Dubai 

- The fully automated vehicle testing centre integrates cutting-edge technology into operations, reducing testing time to just six minutes
- Spanning 1,400 sqm, the futuristic centre encompasses a ‘Test & Go’ concept including four dedicated lanes capable of completing 500 – 600 vehicle test per day 


**United Arab Emirates, 3 February 2025:** Al Ghurair proudly announces its partnership with the General Resources Authority (GRA) in Ras Al Khaimah, to launch the first fully automated smart vehicle testing centre in the GCC. This state-of-the-art facility marks a transformative leap forward, offering a seamless and efficient vehicle testing experience in the Northern Emirates. 

Located in Al Qussaidat in Ras Al Khaimah (RAK), the fully automated centre introduces a revolutionary ‘Test & Go’ concept, empowering drivers to test their own vehicles in record time. With the average vehicle test lasting up to 12 minutes in other parts of the region, Al Ghurair’s latest facility will limit vehicle self-testing to six minutes. Customers can now independently complete vehicle testing using smart machines that conduct undercarriage and tyre inspections without human intervention. This efficiency, coupled with cutting-edge technology, ensures faster service whilst maintaining high levels of precision and accuracy.

**Oscar Rivoli, CEO, Motors**, Al Ghurair Mobility highlighted the significance of this milestone: "The Al Ghurair Vehicle Testing Centre represents a bold step forward in vehicle testing innovation, reflecting our commitment to raising industry standards in the UAE and beyond. We are proud to partner with the General Resources Authority in Ras Al Khaimah, to introduce an innovative facility that not only ensures the safety and compliance of vehicles, but also embodies the future of sustainable and smart vehicle testing."

As the first in the GCC to adopt fully automated operations, the Al Ghurair Vehicle Testing Centre spans 1,386 sqm in size and can manage between 500 to 600 vehicle tests daily, across four dedicated testing lanes. The advanced systems are designed to improve operational efficiencies while delivering a best-in-class customer experience. The facility also offers state-of-the-art smart services, including automated machines at the entrance, integrated tablets for process management, and VIP services designed for customer convenience.

**Jamal Ahmed Al Tair, Chairman of the Board of Directors of the General Resources Authority in Ras Al Khaimah**, praised the partnership: "This initiative underscores our mission to drive innovation and sustainability in Ras Al Khaimah's infrastructure. We are delighted to collaborate with Al Ghurair Motors in establishing a model centre that aligns with our vision of a smarter, greener future."

The development of this centre follows the signing of a strategic partnership agreement between Al Ghurair and the Ras Al Khaimah Government in November 2023. Strongly supported by the General Resources Authority and Ras Al Khaimah Police, the facility is equipped with the latest fully automated testing technology, ensuring that vehicles comply with stringent environmental regulations and safety standards.

This initiative is in line with the UAE’s broader vision for sustainability and smart infrastructure. The centre’s prime location in the heart of RAK ensures seamless accessibility for residents and vehicle owners, offering a full spectrum of testing and registration services. Looking ahead, the Motors business of Al Ghurair aims to expand this innovative smart testing model across the UAE, further advancing the region’s automotive inspection landscape.

Global best practices played a pivotal role in shaping the facility’s development. Following a visit by GRA and RAK Police to VTEQ facilities in Spain, insights from international benchmarks in automated vehicle testing were incorporated into the centre’s design. These learnings have been applied to establish a pioneering digital control architecture and a fully automated inspection tracking system, ensuring full compatibility with leading vehicle inspection software.

This milestone reaffirms Al Ghurair Motors’ leadership in the region’s automotive industry, delivering a forward-looking approach to vehicle safety, innovation, and environmental responsibility.

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Al Ghurair Partners with General Resources Authority RAK to Unveil GCC’s First Smart Vehicle Testing Centre

- The strategic partnership positions Al Ghurair as the exclusive distributor in UAE and KSA 
- Al Ghurair will integrate its innovative customer-centric approach, reinforcing EXEED’s market position in the Kingdom

**GCC, 27 January 2025**: Al Ghurair, one of the largest diversified family business groups in the Middle East, is proud to announce its partnership with EXEED Automobile Company as the automotive brand’s exclusive distributor in the Kingdom of Saudi Arabia (KSA). The partnership expands Al Ghurair’s footprint in the GCC automotive sector, following its selection as EXEED’s exclusive distributor in the UAE in 2023. 

The exclusive partnership was commemorated with a signing ceremony between Al Ghurair and the premium automotive brand at EXEED headquarters in Wuhu, China on 23rd  January 2025. In attendance were senior leadership teams from both entities, including Saif Al Ghurair, Non-Executive Board Director, John Iossifidis, Group CEO of Al Ghurair, Oscar Rivoli, CEO of Al Ghurair Motors, Mr. Qin, Vice President of EXEED International, and Mr. Kyle Chen, Country Director at EXEED KSA. 

**Commenting on the partnership, John Iossifidis, Group CEO of Al Ghurair,** said: “This partnership with EXEED marks a pivotal step in our strategic growth across the Middle East. At Al Ghurair, we are dedicated to delivering exceptional quality and innovative solutions that align with the dynamic needs of our customers. EXEED’s vision and dedication to redefining mobility resonate deeply with our values. Together, we aim to bring cutting-edge vehicles and unparalleled service experiences to KSA, setting a new benchmark for the automotive market in the region.”

The partnership underscores Al Ghurair and EXEED’s commitment to delivering superior driving experiences in the Kingdom. Al Ghurair’s extensive experience in the regional automotive sector will play a pivotal role in enhancing EXEED’s market presence, seamlessly combining high-performance, innovative technologies and sophisticated designs to offer discerning KSA drivers premium vehicles.

Furthermore, Al Ghurair and EXEED will also enter the region’s sustainable mobility segment with the launch of electric vehicles (EV) and hybrid models in 2025, including the highly anticipated EXLANTIX ET SUV and ES EV sedan models, along with the sleek RX PHEV hybrid SUV. The partnership aligns with Saudi Arabia’s Vision 2030 and Net Zero agenda, supporting government efforts to shift towards eco-friendly automotive solutions and reinforcing EXEED’s position as a leader in future-ready mobility brand.

**On this occasion, Oscar Rivoli, Chief Executive Officer of Al Ghurair Motors,** commented:  “The collaboration with EXEED reflects our commitment to elevating the automotive experience for our customers. By combining Al Ghurair expertise in the region with EXEED’s innovation and design, we are excited to introduce a premium line-up of vehicles that cater to the modern driver’s needs. This partnership not only strengthens our position in KSA market, but also reinforces our shared vision for sustainable and customer-focused automotive solutions.”

In KSA, Al Ghurair will manage EXEED through its latest venture - Arabian Heritage Motors - combining its local expertise with EXEED’s forward-thinking vision to elevate driving experiences in the Kingdom.

Looking ahead, EXEED and Al Ghurair plan to expand their footprint across Saudi Arabia and the UAE, with a number of new showrooms set to open in 2025. These state-of-the-art facilities will offer a seamless customer experience, showcasing EXEED’s innovative designs and technology, while reaffirming the brand’s presence as a leading premium automotive provider in the region.



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EXEED appoints Al Ghurair as Exclusive Distributors in KSA 

**Published on December 06, 2024:**

•	ZED by Al Ghurair allows users to personalise their riding experience by selecting music, adjusting lighting, setting the ambient temperature, and choosing their preferred driver chat level. 

•	Users also have the option to schedule recurring rides.

**Dubai, United Arab Emirates; 6 December 2024:** Taxis have arrived on ZED, Dubai’s innovative, home-grown mobility app, marking a transformative chapter in the city's transportation journey. With ZED, booking a taxi is no longer just about getting from point A to point B; it’s about experiencing a ride tailored to your preferences.

Launched by Al Ghurair, one of the Middle East's most prominent business groups, ZED integrates traditional taxi services with cutting-edge technology to offer a uniquely personalised ride-hailing experience.  Whether you select the level of chattiness with the driver, or even set the perfect cabin temperature while booking, ZED provides options that redefine what it means to travel by taxi.

ZED stands out as a home-grown solution designed to meet Dubai’s dynamic mobility needs while reflecting the city's culture of innovation. ZED distingues itself in the crowded ride-hailing market with two game-changing features: **personalisation** and **rhythm**.

Personalisation empowers riders to make every journey their own - choosing music, temperature and level of chattiness with the driver, ensuring a truly tailored experience.

Rhythm, ZED’s unique feature, redefines convenience by allowing customers to book all their recurring trips at once, saving time and effort. Customers can select the days they need a ride and customise the pick-up times for each day. Whether it’s daily, weekly, or specific days, ZED takes care of everything.

“Our goal with ZED is to create a service that combines convenience, customisation, and reliability while representing the best of Dubai’s innovative spirit,” said **Badr Al Ghurair, Chief Executive Officer of ZED**. “This isn’t just about providing another ride-hailing app; it’s about setting a new benchmark for urban mobility by merging advanced technology with trusted taxi services.”

“Al Ghurair has always been at the forefront of empowering innovation,” **commented John Iossifidis, Group Chief Executive Officer of Al Ghurair**. “ZED is a natural extension of this ethos, providing a digital-first approach to transportation while enhancing the role of taxis as a cornerstone of Dubai’s mobility landscape.”

ZED by Al Ghurair underscores the group’s commitment to redefining transportation by seamlessly blending its heritage with modern innovation. This partnership perfectly aligns with Dubai’s vision of being a smart, connected city and its goal of reaching 80% of all taxi rides through e-hailing.

As ZED continues to expand its reach, it brings taxis into its personalised ride-hailing ecosystem, ensuring passengers benefit from convenience and high customer service standards. The Zed app is available for download on iOS and Android.


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Taxis in Dubai Now on ZED, A Home-Grown Mobility Revolution Powered by Al Ghurair

**Published on November 22, 2024:**

•	The Hatchery & Processing plant will boost domestic poultry production, contributing to the UAE’s National Food Security strategy.

•	Earlier this year, Al Ghurair Foods commenced work on a Corn Starch manufacturing plant and broiler farm in KEZAD

**Abu Dhabi, United Arab Emirates; XX November 2024:** Al Ghurair Foods, a leading food processing company in the UAE, today marked the ground-breaking of its new state of the art Hatchery & Poultry Processing Facility in KEZAD Area A (KEZAD Al Ma’mourah) in Abu Dhabi, which will include the largest rendering plant in the UAE. 

Located within a 15.5-hectare plot, the facility will include a Hatchery, Poultry Processing Plant, Rendering Plant and Effluent Treatment Plant, all designed with efficiency, sustainability and cutting-edge technology in mind. The Hatchery and Processing divisions will start out with the capacity to hatch 10 million, day-old chicks and produce finished goods of 10,000 tonnes annually to serve the local UAE population. 

Meanwhile, the Rendering Plant will be one of the largest, privately owned of its kind in the UAE, with the capacity to process 1,600 tonnes of high-protein meals and 400 tonnes of oil/fat derived from poultry waste. These meals will be repurposed as feed ingredients for other species such as fish, and also serve as an alternative fuel for power generation, contributing to the circular economy and reducing environmental impact.

The poultry facility represents a significant contribution to the UAE’s National Strategy for Food Security 2051. The strategic location of the plant within KEZAD will enable Al Ghurair Foods and Resources International to serve growing demand for poultry meat in the UAE, which has grown year-on-year in recent years. By establishing a local venture, Al Ghurair Foods will bring high-quality, nutritious and fresh poultry products closer to consumers, while reducing reliance on imported products. Furthermore, the plant will create 180 new jobs once phase one is fully operational.

**Abdullah Al Hameli, CEO, Economic Cities & Free Zones, AD Ports Group, said:** “We congratulate Al Ghurair Foods and Resources on the ground-breaking of the Hatchery & Poultry Processing facility in KEZAD. This state-of-the-art facility, along with the corn starch plant and broiler farm already underway, represents a significant boost to the local food production ecosystem and demonstrates Al Ghurair’s ongoing commitment to securing the UAE’s future as a self-sufficient food hub. At KEZAD, we are proud to be supporting these developments.”

The announcement builds on an agreement signed between Al Ghurair Foods and KEZAD in April 2023, establishing a 50-year land lease for three mega food processing projects involving investments of over AED1 billion. Earlier this year, Al Ghurair Foods commenced work on the region’s first Corn Starch Manufacturing Plant and a 60-hectare broiler farm, both located in KEZAD, while a Liquid Eggs Facility was opened last year on the same plot.

**John Iossifidis, Group CEO of Al Ghurair, said:** “This ground-breaking represents another milestone in our AED 1 billion investment in food processing projects within KEZAD. Working alongside key local partners such as KEZAD, this new Hatchery & Poultry Processing facility underscores Al Ghurair’s long-term commitment to the UAE's food security and economic growth. This investment continues Al Ghurair’s legacy of contributing to the nation's prosperity and reinforces our dedication to building a sustainable future for the UAE.”

**Hamad Al Ghurair, Senior Vice President, Special Projects and Commercial, Al Ghurair Foods said:** “Today’s groundbreaking is a testament to our commitment to building a fully integrated and sustainable poultry production ecosystem for the UAE. This new, cutting-edge facility will allow us to control the entire value chain with a focus on innovation and efficiency every step of the way, incorporating the most efficient design and technology to scale up production capacity as required. With this, we aim to enhance quality and productivity, while significantly contributing to the UAE's food security goals.”

SDV Consulting Engineers have been appointed as design consultants for the project, while Al Qanater Al Thahbia General Contracting (QTC) is the main civil and MEP contractor for the project. Baader, Petersime, Mavitec and Emvees are the food processing, hatchery, rendering and wastewater treatment partners respectively for this facility.

As the food processing division of Al Ghurair, one of the largest diversified family business groups in the UAE, Al Ghurair Foods is committed to enhancing the availability and capability of domestic food production in the UAE. Al Ghurair Foods Poultry farm is one of the largest producers of eggs in the UAE, distributed under the flagship brand Jenan.

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Al Ghurair Foods breaks ground on poultry processing plant at KEZAD in Abu Dhabi

**Published on November 13, 2024:**

•	Introduces its all-new electric vehicle – EXLANTIX – launching in the UAE by Q1 2025

•	EXLANTIX is the latest series added to EXEED’s growing model lineup

**UAE, November 2024:** EXEED, the premium automotive brand exclusively represented by Al Ghurair Motors in the UAE, launched its highly anticipated all-electric vehicle (EV) series in China at the International Global User Summit 2024. Aligning with the country’s sustainable development goals, EXEED will add its EV EXLANTIX series to its UAE lineup by Q1 2025.

At the summit, EXEED presented its innovative plans for upcoming EV and hybrid models, which once launched in the UAE, will contribute towards the UAE Net Zero Strategy. The overall direction taken by the EXEED brand towards a greener future, was further underscored by hosting former UN Secretary-General Ban Ki-moon, renowned for his work on global sustainability efforts, including the Paris Agreement. Former New Zealand Prime Minister Dame Jenny Shipley also participated in discussions with EXEED, discussing environmental conservation, social responsibility, and advancements in sustainable mobility solutions, all of which highlight EXEED’s strategic efforts toward a more sustainable future.

With the highly anticipated EV models set to arrive on UAE roads early next year, EXEED’s upcoming EV line-ups will include two distinct models, including EXLANTIX ET, and EXLANTIX ES. Each model promises cutting-edge technologies designed to deliver an advanced driving experience. In addition, EXEED is also preparing to introduce a new hybrid model in 2025 – the RX PHEV. This model is designed to reduce emissions, while improving fuel efficiency, offering a balanced solution for drivers who prioritise both performance and environmental responsibility.

**Oscar Rivoli, Chief Executive Officer at Al Ghurair Motors, speaking on the EV unveiling, said:** “We are thrilled to announce the upcoming launch of our latest model and first electric vehicle series - the EXLANTIX ET and EXLANTIX ES. This marks a significant step for us, aligning with EXEED’s ongoing commitment to the environment and the UAE’s vision to be a global leader in sustainability. With the EXLANTIX ET and EXLANTIX ES, we are not just introducing a car; we are bringing a future-ready mobility solution that will help lead the way toward a cleaner, greener future for all.”

The EXLANTIX ET and EXLANTIX ES models, in addition to their pure electric versions, will also be available with REEV (Range Extend Electric Vehicle) technology, offering an outstanding range that exceeds 1,100 km on a full charge. This capability was showcased during the International Global User Summit, where attendees completed a 1,100 km journey from Beijing to Wuhu, highlighting the outstanding autonomy and efficiency of EXEED's electric vehicles.

Safety is a top priority for EXEED. The EXLANTIX models come equipped with a state-of-the-art battery protection system, subjected to rigorous testing, including 48-hour battery water immersion and high-speed crash tests. This ensures that the vehicles meet and exceed modern safety standards while providing a sleek and eco-conscious driving experience.

Alongside the EXLANTIX series, the RX PHEV offers a plug-in hybrid option that combines electric power with a traditional combustion engine. This model delivers a range of up to 1,300 km and features 4WD technology, providing enhanced driving stability and traction control. It is also equipped with the same high-speed crash test and battery safety technologies used across all EXEED vehicles, ensuring top-level protection. Designed for those seeking both fuel efficiency and powerful performance, the RX PHEV is an ideal choice for eco-conscious drivers who require versatility in longer drives.

Participation in the International Global User Summit 2024 underscored EXEED’s dedication to forward-thinking innovation, aligning with the UAE’s long-term sustainability goals. Throughout the five-day summit, the team engaged with global media, users, and industry leaders through interactive sessions and model test drives, providing insights into the future of sustainable mobility.

During the 2024 EXEED Global User Summit, EXEED China, in collaboration with AI MOGA, unveiled the humanoid robot Mornine, designed to revolutionise customer interaction in 4S dealerships and smart living environments. EXEED China also showcased its second-generation robotic dog, Argos, and the Chery YUFO in-car drone, all part of EXEED’s intelligent ecosystem aimed at elevating the user experience through cutting-edge. EXEED’s vision for the future of intelligent living focuses on integrating advanced robotics into everyday life, creating a seamless and personalised experience for users in both retail and home environments. 

Customers can visit EXEED showrooms in Dubai at [Gold Diamond Park, opposite Equity Metro Station](https://www.google.com/search?kgmid=/g/11y4ylcpn8&hl=en-AE&q=Exeed+Car+Showroom+%7C+Al+Ghurair+Motors&kgs=7bf5cef901154b12&shndl=30&shem=lrnole,ssic,xga1pc&source=sh/x/loc/osrp/m5/5) and [D74, Al Ittihad Road – Al Khabaisi.](https://www.google.com/maps/place/EXEED,+Al+Ghurair+Motors+%7C+Al+Ittihad+Road/@25.2656613,55.3380751,17z/data=!3m1!4b1!4m6!3m5!1s0x3e5f5ddaa11a0c25:0x8c25ab4c3b5556af!8m2!3d25.2656613!4d55.3380751!16s%2Fg%2F11v5vzv05s?entry=ttu&g_ep=EgoyMDI0MTExOS4yIKXMDSoASAFQAw%3D%3D) In Abu Dhabi, the showroom is located on – [Corniche Street - Al Khalidiyah - Abu Dhabi](https://www.google.com/maps/place/Exeed+Abu+Dhabi+Corniche+%7C+Al+Ghurair+Motors/@24.4759183,54.3453186,17z/data=!3m1!4b1!4m6!3m5!1s0x3e5e65398bca37fb:0x8e171611951dd54d!8m2!3d24.4759183!4d54.3453186!16s%2Fg%2F11vln74sds?entry=ttu&g_ep=EgoyMDI0MTExOS4yIKXMDSoASAFQAw%3D%3D). For more information or to schedule a test drive, contact the EXEED team at  [600 540045.](https://www.google.com/search?kgmid=/g/11y4ylcpn8&hl=en-AE&q=Exeed+Car+Showroom+%7C+Al+Ghurair+Motors&kgs=7bf5cef901154b12&shndl=30&shem=lrnole,ssic,xga1pc&source=sh/x/loc/osrp/m5/5) 

For those interested in learning more about EXEED’s innovative EV lineup can register their interest via: [www.exeed-uae.com.](www.exeed-uae.com)

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EXEED Unveils Next-Gen Electric Vehicle at International Global User Summit 2024 in China

**Published on August 27, 2024:**

•	As the first facility of its kind in the region, the new plant will create significant job opportunities by employing a workforce of 200.

•	The facility will begin operations with a processing capacity of 650 tons of corn per day, with plans to increase capacity to 1,000 tons per day as market demand grows.

Al Ghurair Foods, a leading food processing company in the UAE, today marked the groundbreaking of its new state-of-the-art Corn Starch Manufacturing Plant at Khalifa Economic Zones Abu Dhabi (KEZAD). This facility, a first of its kind in the region, represents a significant stride in enhancing local food production capacity and contributing to the UAE’s National Strategy for Food Security.

Spanning a 13.6-hectare site in KEZAD Area A – Al Ma’mourah, this standalone facility is designed to serve both local and international markets. Equipped with advanced technologies, it will manufacture an array of products, including native and modified starches, glucose syrups, and maltodextrin, catering to diverse sectors such as food and beverages, pharmaceuticals, and various industrial applications.

Mohamed Al Khadar Al Ahmed, CEO of Khalifa Economic Zones Abu Dhabi - KEZAD Group, said: “KEZAD Group commends Al Ghurair on the groundbreaking of the Corn Starch Manufacturing plant. Al Ghurair’s mission and vision for this facility is closely aligned with our own vision, and that of the leadership of the emirate, of enhancing the role of Abu Dhabi in food security across the region, as well as creating job opportunities. This cutting-edge facility boosts our domestic production capabilities and we at KEZAD Group are proud to be part of this journey.”

Commenting on the occasion, John Iossifidis, Group CEO of Al Ghurair, said: “We’re extremely proud to break ground on this new venture under Al Ghurair Foods, which represents another significant step in our journey to support the UAE’s food security ambitions. As the first facility of its kind in the region, this project not only allows us to enhance our production capabilities but also reinforces our commitment to pioneering innovative solutions in the industry. By investing in cutting-edge technology and working with local partners such as KEZAD, we are continuing to play a pivotal role in driving sustainable growth and ensuring the nation’s self-sufficiency in essential food categories.”

The plant will initially process 650 tons of corn per day, with the capacity to scale up to 1,000 tons daily as demand increases. The project is expected to create significant employment opportunities, with over 200 jobs being generated for the local workforce.

Turgut Yegenaga, CEO of Al Ghurair Foods and Al Ghurair Resources International, added: "This facility represents a pivotal advancement for Al Ghurair Foods, showcasing our commitment to leveraging the latest technologies for unmatched efficiency, precision, and product quality. By integrating advanced automation, we are optimising our production processes while also significantly reducing waste and energy consumption. This project reinforces our role in shaping a robust and self-sufficient food system in the UAE, while setting new industry standards for excellence."

Today’s ceremony comes a few months after Al Ghurair Foods broke the ground for a Broiler Farm at KEZAD in May. The construction of the plant is being supported by renowned experts in the field, including Sigma Process Technology for starch processing consultancy, SDV Consulting Engineering as the project’s engineering consultant, and Freiburg Consulting & General Maintenance overseeing the construction.



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Al Ghurair Foods Breaks Ground on Corn Starch Manufacturing Plant at KEZAD in Abu Dhabi

**Published on June 10, 2024:**

•	This significant milestone marks the opening of EXEED by Al Ghurair Motors' second showroom in Dubai and third in the UAE within 12 months. 

•	The flagship showroom incorporates cutting-edge customer experience and service concepts, combining contemporary design with integrated physical and digital elements.

EXEED, the premium automotive brand exclusively represented by Al Ghurair Motors, is proud to announce the grand opening of its flagship showroom on Sheikh Zayed Road on 7 June 2024. Marking a significant milestone for the premium brand's accelerated growth, EXEED SUVs are quickly dominating UAE roads, resonating with the discerning tastes of customers within the UAE’s luxury automotive market.

Commemorating the opening of EXEED’s flagship showroom, the state-of-the-art facility was inaugurated by esteemed Chery Automobile Co. Ltd. representatives, and EXEED stakeholders, including John Iossifidis, Group Chief Executive Officer, Saif Al Ghurair, Zhang Guibing, Executive Vice President of Chery Automobile, Zhang Jinsong, President Assistant of Chery Automobile. 

Situated in the bustling Gold & Diamond Park on Sheikh Zayed Road, and spanning 475 sqm, the flagship showroom introduces the automotive brand’s pioneering customer experience and service concept, blending modern aesthetics to provide customers with a warm, welcoming atmosphere and an engaging environment. This setup ensures a seamless experience for customers looking to purchase premium SUVs. Car enthusiasts and drivers seeking their next purchase can choose from EXEED’s dynamic model range including the exceptionally crafted TXL, the luxuriously designed VX, the stylish LX, and the sleek RX, enabling visitors a firsthand experience of EXEED’s advanced engineering and design.

**Commenting on the new showroom opening, John Iossifidis, Group Chief Executive Officer EXEED by Al Ghurair Motors says:** "The opening of our flagship showroom in Dubai underscores the growing success and demand for EXEED by Al Ghurair Motors in the UAE. Our strategic expansion caters to the increasing interest in our luxury vehicles in the Emirates. Our vehicles embody the perfect blend of luxury and innovation, designed to meet the diverse needs of discerning drivers. This milestone marks a significant step forward in our ongoing mission to establish a distinctive presence in the UAE.”
  
EXEED by Al Ghurair Motors Showroom, Shiekh Zayed Road, marks the premium automotive brand's third showroom opening in the UAE and second in Dubai within 12 months of its launch in the Emirates automotive sector. Prospective buyers can now test drive and purchase the vehicles at their convenience. Moreover, in response to the surging demand for luxury vehicles, EXEED will continue its expansion across the UAE with upcoming showroom openings and electric vehicle and hybrid model launches.

To learn more about these offers and to arrange test drives, please visit the Dubai showrooms in [Gold Diamond Park, opposite Equity Metro Station](https://search.app.goo.gl/jW41yjw) and [D74, Al Ittihad Road – Al Khabaisi - Dubai](https://maps.app.goo.gl/A9k2cpFBQPiqNBvT9), Abu Dhabi showroom – [Corniche Street - Al Khalidiyah - Abu Dhabi](https://maps.app.goo.gl/MEhPxCbytwT2bcEh9). For inquiries please contact the EXEED team at [600 540045](tel:600540045) or via the website: www.exeed-uae.com


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EXEED by Al Ghurair Motors Drives UAE Expansion with Flagship Showroom in Dubai

**Published on June 6, 2024:**

•	The legacy brand from Al Ghurair Foods has introduced a new brand ethos that promises high quality, nutritious, and locally made food for its consumers.

Jenan, a brand rooted in the rich heritage of Al Ghurair Foods,, has launched a refreshed brand identity and packaging in line with its commitment to consumers’ preferences for homegrown foods and sustainable practices. 

The new brand identity is not just a visual makeover, and it underlines the philosophy of ‘FOOD MADE GOOD’ by delivering high-quality, nutritious, and sustainably sourced food. It is also part of Al Ghurair Foods’ commitment to putting consumers first by catering to their diverse palates.

**Emile Douaihy, CEO of Al Ghurair Foods – Consumer Packaged Goods (CPG), said:** “This rebranding goes beyond a new look; it’s about redefining what our brand stands for and ensuring that every product we offer brings joy and satisfaction to every family.” 

“Our new identity underlines our commitment to enrich everyday moments with wholesome food that is locally sourced, ensuring that every Jenan product contributes to a healthier lifestyle and a healthier planet, thanks to our focus on local production and sustainable practices,” he added.

The consumers in the UAE are consciously and increasingly opting for locally made food and are driving demand for homegrown brands. They are actively seeking fresher and more sustainably sourced food, boosting the demand for locally produced goods.

Aligned with the UAE's ‘Made in the Emirates' initiative, Jenan is committed to local production and sustainability. It supports the UAE's National Strategy for Food Security by focussing on the environmental impact associated with food production and transportation. The strategy includes promoting local production and enhancing food safety, with the ultimate goal of positioning the UAE at the top of the Global Food Security Index by 2051.

Jenan is well known for its nutrient rich eggs that are sourced fresh daily from the UAE’s largest poultry farm and its high-quality whole wheat flours, freshly milled in the National flour mills of the UAE. 

Recently, the business diversified its portfolio into wholesome oats, pasta made from the finest durum wheat and heart-healthy Sunflower and vegetable oils ensuring the highest nutritional value. 

As a regional leader in the food industry, Al Ghurair Foods is the food production and manufacturing arm of Al Ghurair, one of the leading diversified UAE family businesses. Its portfolio includes a broad range of branded, private label and bulk products, catering to diverse businesses and retailers, including flour, semolina, oats, eggs, and animal nutrition.   

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Al Ghurair Foods’ homegrown brand Jenan Celebrates 
Sustainable Practices with Refreshed Brand Identity 

**Published on June 3, 2024:**

•	Startups take top spot out of more than 100 applicants from across the UAE

In a collaborative effort, the Entrepreneurship World Cup 2024, Startupscale 360 (the UAE National Organiser), and Al Ghurair (National Co-Host) are proud to announce the winners of this year's Entrepreneurship World Cup, a global pitching competition geared at empowering outstanding start-ups. The event, which took place on Friday 31st May at Swissotel Al Ghurair, Dubai, reflected the UAE’s vibrant entrepreneurial spirit and innovation landscape.

The Entrepreneurship World Cup occurs simultaneously in over 100 countries through virtual and in-person events. More than 100 start-ups applied for the UAE edition of the Entrepreneurship World Cup, of which Al Ghurair was the National Co-Host. Other UAE partners include Sorbonne University Abu Dhabi, Heriot Watt University Dubai Campus both as Semi-final Partner, London Business School and Entrepreneurship and Entrepreneurship and Private Capital at London Business School both as Knowledge Partner, Founder Institute GCC as Accelerator Partner, Emerging Advanced Research Acceleration for Technology, Security and Cryptology Center (EMARATSEC) as Ecosystem Partner, and Miraki Global as Sponsor. 

Winners were announced in the presence of distinguished guests and dignitaries including Audiomatic, an AI-driven platform that generates music and sound effects for videos, automating audio-related tasks in content production; Socialee, a video commerce ecosystem with real reviews from real people that allows creators to monetize their contents, and PaySky, a Digital financial services providing White-labeled to Banks, Central banks, Telcos and FinTechs. captured first prize in idea stage, early stage, and growth stage category respectively at the national finals of the Entrepreneurship World Cup 2024 (EWC).

A distinguished panel of judges, including Al Ghurair's Chief Information Officer Divya Bathija, evaluated participants based on four key parameters; product, potential, predictability, and people. Other Judges included Jane Khedair, London Business School, Michael Paduano, KPMG Lower Gulf, Hala Ebrahim, Antler, Amer Fatayer, Dubai Future District Fund, Khaled Lababidi, Arbor Ventures, Anton Abdukhamidov, Gurudev Capital, Yevgeny Bebnev, Alaris Capital and Cristopher Dix, Beco Capital. The event featured two panels with esteemed speakers, including Reem AlJneibi, Stellr, Dr. Hoda A. Al Khzaimi, New York University Abu Dhabi, Sameer Sortur, Founder Institute GCC, Usman Tareen, Bee’ah, Nadine Benchaffai, Dana Venture, and Vikas Tawani, Data Direct Group. The finalist received the prize from Emile Douaihy, CEO of Al Ghurair Foods-CPG.

The winners of the 2024 Entrepreneurship World Cup UAE Final are:

•	Idea Stage: Audiomatic, an AI-driven platform that generates music and sound effects for videos, automating audio-related tasks in content production. 

•	Early Stage: Socialee, a Video Commerce ecosystem with Real Reviews from Real People, starting off with beauty in the GCC, and 

•	Growth Stage: Paysky, a Fintech Ecosystem Enabler providing digital payments solutions to Central banks, Banks and Telcos. 

Other startups who were recognised with special choice awards are as under:

•	UBQT, runner up, Idea Stage, Finalist

•	Takeem, runner up, Idea Stage, Finalist

•	The Intern, runner up, Idea Stage, Finalist

•	Revent, runner up, Early Stage, Finalist

•	FortyGuard, runner up, Early Stage, Finalist and special choice awards “Sustainability” category

•	VectorGlobe, runner up, Early Stage, Finalist and special choice awards “ClimateTech” category

•	Momint, runner up, Growth Stage, Finalist

•	Archireef, runner up, Growth Stage, Finalist

•	Datainsights, runner up, Growth Stage, Finalist

•	SehaaOnline, special choice awards “HealthTech” category

•	Yu.sh, special choice awards “Design” category

•	Nature Print, special choice awards “Rising Star” category

•	Hubpay, special choice awards “FinTech Forward” category

•	Watermelon, special choice awards “F&B Ecosystem” category

•	Urent, special choice awards “Mobility” category

•	ReTake, special choice awards “Circular Economy” category

•	HydroArtPod, special choice awards “AgriTech” category

•	Baby Store, special choice awards “Female Boldness” category

•	Sulmi, special choice awards “Emirati Make-a-Difference” category

“The UAE’s economic agenda encourages a dynamic start-up ecosystem to drive competition and innovation,” **said John Iossifidis, Group CEO Al Ghurair**, who delivered the keynote speech at the event. “Supporting platforms that enable entrepreneurs at every stage of their business journey to access funding, mentorship, and community is a collective responsibility for all those vested in strengthening the UAE’s long-term development. Co-Hosting today’s Entrepreneurship World Cup final demonstrates our staunch commitment to empowering the entrepreneurial ecosystem and contributing to the ambitions of the Dubai Economic Agenda D33. This year’s winners represent the quality and calibre of the UAE’s start-up talent and represent a bright future for the global economy.” 

Remarking on the event, **Swethal Kumar, Founder and CEO of Startupscale360 FZE, said:** “The United Arab Emirates won Best Campaign of the year in Melbourne in 2023 for organizing the best national final globally out of 200+ countries. Hence, this year’s competition raised the bar for quality, impact and innovation, as each start-up demonstrated unparalleled passion and ingenuity, displaying a fierce spirit of entrepreneurship. While the competition was tough, the winning start-ups outshined across all criteria, demonstrating not only sound thinking and research but a plan for long-term growth that would be attractive to investors and demonstrated the longevity of the business model. I thank all our committee members and judges across all rounds in the last 6 months of journey for selecting the best finalist.” 

Audiomatic, Socialee, and PaySky will be advancing to global winner pool where they will be further evaluated for selection of EWC 250 - the next round of the global competition against applicants from 200 countries. All founders advancing to the next round will participate in a Boot camp which features virtual training and mentoring sessions targeted to their company’s current stage and growth trajectory. This is a key step to qualify for the EWC Global Finals.

The top 100 finalists globally will advance to pitch live for a share of USD 1 million in cash prizes at the EWC Global Finals held in Riyadh, Saudi Arabia in Fall 2024. Global finalists also gain automatic entry into the GEN Starters Club, an invitation-only community of talented founders from around the world.  


Audiomatic, Socialee, and PaySky Takes Top Prize at Entrepreneurship World Cup 2024 National Finals in Dubai.jpg

Audiomatic, Socialee, and PaySky Takes Top Prize at Entrepreneurship World Cup 2024 National Finals in Dubai

**Published on May 31, 2024:**

•	The award recognises AG Engineering and Power Contracting’s successful partnership with e& and their commitment to delivering various initiatives related to construction and facility management. 

AG Engineering and Power Contracting (AGEPC), a leading provider of innovative engineering solutions in the UAE, has won the esteemed Partner Recognition Award at the annual Partner Recognition Awards 2024 held in Abu Dhabi, which was presented by e&, previously known as Etisalat. This accolade recognises AGEPC’s commitment to partnering with e& on various initiatives related to construction and facility management.

E&’s Partnership Recognition Award is presented annually to their partners who demonstrate exceptional performance and commitment in their collaborative efforts with Etisalat. AGEPC has received this recognition for its exceptional engineering services, finding innovative solutions, and contributions to e&'s goal of providing cutting-edge digital and telecommunications services.

To be considered for the prestigious award, AGEPC underwent a rigorous evaluation process, including a comprehensive questionnaire and a thorough review of supporting documents and evidence. The company's consistent dedication to upholding various international standards and demonstrate the implementation of robust measures and protocols.

Commenting on the achievement, **Jacob John, Chief Executive Officer, AG Engineering and Power Contracting, said:** "We are proud to receive this prestigious honour, from our long-time and valued partners e&, which is a testament to our steadfast dedication to our clients, ensuring that we are always delivering the best quality and most innovative services. This is a reflection of our constant pursuit of excellence to continuously exceed our partner’s expectations.” 

AGEPC has been closely associated with e& on various construction projects over the past four decades. AGEPC remains focused on continuous improvement to meet the evolving needs of its clients and foster their utmost confidence in the partnership. AGEPC operates within the construction and services division of Al Ghurair, which is one of the largest diversified family business groups in the UAE.

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AG Engineering and Power Contracting Wins Esteemed Partner Recognition Award 2024 from e&

**Published on May 29, 2024:**

•	The Dubai-based facility will reduce carbon dioxide emissions by 2,191 tonnes annually, using compressed natural gas supplied by CloudEnergi

Al Ghurair Foods, the food production and processing division of Al Ghurair, one of the leading diversified UAE family businesses, has announced that its pasta manufacturing facility in Dubai’s Jebel Ali Industrial area has made the strategic shift from diesel oil to compressed natural gas (CNG) to run its production processes, a first within the company’s portfolio. The transition to cleaner fuels signals the company’s commitment to the UAE’s climate ambitions by consistently decarbonising its operations. 

CNG is a clean-burning alternative fuel that is obtained by compressing natural gas to less than 1% of its volume at standard atmospheric pressure. It has a lower carbon footprint compared to traditional fuels, thus producing lesser greenhouse gas emissions and particulate matter. 

The facility will be supplied with CNG through a virtual pipeline technology by CloudEnergi, a UAE-based clean energy solutions provider, which will allow it to reduce it’s carbon dioxide (CO2) emissions by 31%, equivalent to 2,191 tonnes of CO2 annually. All other business units within Al Ghurair Foods will be transitioned to natural gas over the next 12-18 months.

Commenting on the announcement, **Turgut Yegenaga, CEO of Al Ghurair Foods and Al Ghurair Resources International**, said: “The transition to natural gas to run our pasta manufacturing facility comes in response to tackling our carbon footprint at the granular level. It is the small changes that add up to make the most monumental difference. At Al Ghurair Foods, we are proud to support and contribute to national goals, especially in the UAE’s extended Year of Sustainability.”

**Laith Madi, COO of CloudEnergi**, commented on the occasion, "This milestone with Al Ghurair Foods is a testament to our commitment to providing sustainable, low-carbon energy solutions. It demonstrates the value we bring to the UAE’s industrial sector by unlocking the benefits of natural gas through our cutting-edge Virtual Pipeline technology.”

As a regional leader in the food industry, Al Ghurair Foods runs a number of state-of-the-art manufacturing facilities across 25 countries. The pasta facility in Dubai produces 100 kilotons of pasta and noodles annually, contributing to the UAE’s local food manufacturing capabilities.


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Al Ghurair Foods’ pasta manufacturing plant adopts natural gas to reduce carbon emissions

**Published on May 27, 2024:**

The Ministry of Human Resources and Emiratisation (MoHRE) has partnered with the Higher Colleges of Technology (HCT), Abdulla Al Ghurair Foundation (AGF) and Al Ghurair Company in the presence of His Excellency Dr. Abdulrahman Al Awar, Minister of Human Resources and Emiratisation, and His Excellency Abdul Aziz Al Ghurair, Chairman of the Board of Directors of the Abdulla Al Ghurair Foundation.

The partnership aims to enhance integration and collaboration among the three entities to train and upskill Emirati talent to meet labour market requirements. It is set to provide internationally recognised professional certificates to approximately 1,500 HCT students every year, enabling them to join various economic sectors, while also creating hundreds of job opportunities and training programmes for UAE citizens in the private sector. 

The partnership was signed by Her Excellency Ayesha Belharfia, Undersecretary for Emiratisation Affairs of MoHRE, His Excellency Dr. Faisal Alayyan, President and CEO of the Higher Colleges of Technology, Dr. Sonia Ben Jaafar, CEO of the Abdulla Al Ghurair Foundation, and Surhead Chaudhry, Executive Vice President of Organizational Development and Talent, People & Culture, on behalf of the Al Ghurair Company, at the headquarters of the Ministry of Human Resources and Emiratisation in Dubai.

His Excellency Dr. Abdulrahman Al Awar said: “This partnership ushers in a new phase of strengthening cooperation between government and private sectors, including creating job and training opportunities for UAE nationals in the labour market, which is witnessing rapid growth, reflected in providing more diverse job opportunities to keep pace with the developments in various economic sectors in the country, and in line with the directives of our wise leadership.”

His Excellency Abdul Aziz Al Ghurair said: “We are delighted to sign this partnership with the Ministry and HCT, which aligns with our strategy to support Emiratisation in the private sector through employment and training of UAE nationals. We firmly believe in the private sector’s prioritisation of investing in national human capital as part of the UAE Government’s vision.”

Her Excellency Ayesha Belharfia, Undersecretary for Emiratisation Affairs at MoHRE said: "The partnership supports the Ministry's efforts and strategy of empowering the Emirati workforce in the labour market. It also confirms the consolidation of the partnership and responsibility approach of various entities to ensure the success of the government's directives and priorities in achieving in the effective inclusion of nationals in economic development, preparing them to lead the new and ambitious economic phase of the country. This objective is achieved by empowering them with the knowledge and skills that ensure their active participation.”

His Excellency Dr. Faisal Alayyan, President and CEO of the Higher Colleges of Technology said: "Signing the partnership agreement reflects our firm belief in our responsibility and role of enhancing the professional capabilities and competencies of future generations in alignment with important scientific enablers. Our wise leadership foresaw the significance of harmonising higher education paths with sustainable economic development plans in line with the requirements of the labour market. In order to reinforce this vision, ICT has adopted a new strategy, which is to strengthen its applied and professional programs to keep pace with the needs of the economic sectors in the country, by bringing about radical changes in its educational model to become of greater reliance on partnership with the business sector in the country when it comes to managing applied and professional programmes. This, in turn, represents a paradigm shift and a permanent approach for continued relationship of partnership and cooperation."

On this important step, John Iossifidis, Group CEO of Al Ghurair Company stated: "As a recognised regional top employer, we believe in nurturing and empowering Emirati talent - and this responsibility goes beyond simply offering jobs. Through partnerships like this, we can collaborate to equip young Emiratis with the necessary skills and experience to excel in their career pathways. This not only benefits them individually, but also contributes to the UAE's continued success and economic development."

Commenting on this event, Dr. Sonia Ben Jaafar, CEO, Abdulla Al Ghurair Foundation, said: "We are proud to participate in signing the MoU, which enriches our experience and continuous interest in supporting the Emiratization goals based on our national and social responsibility, especially with the emerging and growing role and participation of UAE nationals in various fields and businesses through job opportunities in our organizations. The great competitiveness and exceptional capabilities of UAE national job seekers provide an authentic added value, driving the shift to a knowledge-based economy built on innovation through their professional and specialist roles."

According to the partnership, the Ministry of Human Resources and Emiratisation will provide full support to activate the Nomu programme provided by the Abdulla Al Ghurair Foundation – which aims to equip Emirati youth with the knowledge, skills, experience, and tools necessary to succeed in the knowledge-based digital economy – and add the Foundation's programs on the Emirati Talent Competitiveness Council’s Nafis platform, while providing opportunities for young people to register in the training path programs. MoHRE will provide full support to various stakeholders in activating joint projects within the framework of the agreed training programs, including vocational training certificates, international training certificates in various sectors, and English and mathematics upskilling certificates. Added to this is providing support in the marketing campaigns for training programs, candidate selection process, and providing the necessary data and information about them.

The HCT will also secure a place on campus for activities related to the Abdulla Al Ghurair Foundation throughout the partnership, and will support the successful registration and completion of programs supported by the Foundation and provided to HCT students. The programs include integrating Nomu programmes, allocating time and space for students to complete their programs, and providing all possible support.

As a first phase, Al Ghurair Company will provide around 50 apprenticeship opportunities annually for undergraduate and diploma students at the Higher College of Technology in various market-driven sectors. Besides, 35 job opportunities will be created annually within its group of companies for job seekers registered in the database of MoHRE.

The Abdulla Al Ghurair Foundation, and in partnership with internationally recognised programme providers, will provide 1,000 to 1,500 opportunities annually for undergraduate and diploma students at the Higher Colleges of Technology to obtain professional certificates. This will be in line with the needs of the labour market. The programmes also include English and mathematics upskilling programs, in addition to 300 job opportunities annually for job seekers registered in the Ministry's data.

Moreover, the Foundation will provide mentorship, training, and knowledge seminars for HCT students, as well as for job seekers registered in MoHRE’s database. The Foundation will also support innovation and invention by aiding and providing prizes for Ibtikar business competition organised by the Higher Colleges of Technology for entrepreneur students, and support MoHRE’s competitions of entrepreneurship & innovation in the labour market. The Foundation will also support a number of training programs to upgrade the efficiency of the faculty in HCT, and other aspects of future cooperation entailed by the partnership through proposals, agreements, and opportunities launched by the joint teams within the framework of the partnership.


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MoHRE partners with 3 entities to provide internationally recognised certificates for 1,500 HCT students yearly, hundreds of jobs to Emiratis in labour market

**Published on May 23, 2024:**

•	The partnership signifies Al Ghurair Motors' commitment to supporting the UAE's ambitious target of achieving net-zero emissions by 2050. 

•	By introducing TAM-Europe’s electric vehicles, the agreement paves the way for a greener transportation sector within the UAE.

Al Ghurair Motors, the automotive arm of Al Ghurair, one of the leading diversified UAE family businesses, has announced a strategic partnership with TAM-Europe, a renowned commercial vehicle manufacturer based in Maribor, Slovenia. Under the agreement, Al Ghurair Motors becomes the exclusive dealer for TAM-Europe all electric vehicles across the UAE. 

The announcement was made at the Electric Vehicle Innovation Summit in Abu Dhabi National Exhibition Centre (ADNEC), a platform showcasing cutting-edge electric vehicle technologies from around the world. The signing ceremony for this milestone Memorandum of Understanding (MoU) was attended by John Iossifidis, GCEO at Al Ghurair, and Yusef Ma, CEO at TAM-Europe, along with other senior representatives from both companies. A highlight of the event was the electric delivery van Model T600 displayed at the booth, which drew high interest from various leading logistics companies from around the world.

The integration of electric vehicles in urban mobility systems plays an important role in achieving the UAE’s net zero goal by 2050 . A significant contributor to global greenhouse gas emissions, the electrification of the transport sector is critical to reducing overall carbon intensity. 

Commenting on the announcement, John Iossifidis, GCEO, Al Ghurair said: “At Al Ghurair we take pride in contributing to cities of the future across the industries we operate in. In the automotive sector, we actively seek innovative solutions and technologies that disrupt the status quo and create lasting value for our customers. This partnership exemplifies our commitment to supporting the UAE's long-term vision for safe, smart, and sustainable urban mobility solutions. We look forward to collaborating closely with TAM-Europe to turn this vision into reality."

Yusef Ma, CEO, TAM-Europe, adds: “TAM-Europe is a leader in sustainable transportation solutions. Our eco-friendly vehicles are specifically designed to endure the UAE's demanding climate, ensuring optimal performance without compromise. This partnership allows us to contribute directly to the UAE's ambitious sustainability goals. We're excited to join forces with Al Ghurair Motors and be a part of the nation's journey towards a cleaner, greener future."

As a leading manufacturer of high-quality buses and coaches, TAM-Europe serves three key market segments including airport buses, public transport, Light Commercial Vehicles (LCVs) and Heavy Commercial Vehicles (HCVs). The company’s VivAir airport buses segment boasts of a 40% market share globally, excluding China. 


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Al Ghurair Motors signs dealership agreement with European manufacturer TAM-Europe for electric commercial vehicles

**Published on May 15, 2024:**

•	The broiler farm is part of a Musataha agreement signed with KEZAD for a 50-year land lease for three mega food processing projects involving investments of over AED1 billion

•	Once operational in 2025, the state-of-the-art facility will serve the UAE’s growing demand for high-quality and fresh poultry products

Al Ghurair Foods, a leading food processing company based in the UAE, today held the groundbreaking ceremony for its first broiler farm in Abu Dhabi’s Khalifa Economic Zones Abu Dhabi (KEZAD), expanding the company’s poultry and livestock production capabilities under Al Ghurair Foods Poultry.

Scheduled to be operational in 2025, the 68-hectare (680,000 sqm) facility will be built under a Musataha agreement across an overall area of 720 hectares (7.2 sqkm), allowing for future expansion. Equipped with advanced technologies, the facility will adhere to leading international biosecurity standards and strict food safety protocols. It will also provide employment opportunities for more than 200 people, whilst supporting local farmers through a production contracting model.

Meanwhile, the strategic location of the farm within KEZAD will enable Al Ghurair Foods to serve growing demand for poultry meat in the UAE, which has grown year-on-year in recent years . By establishing a local venture, Al Ghurair Foods will be able to bring high-quality, nutritious, and fresh products to closer to consumers. 

**Mohamed Al Khadar Al Ahmed, CEO of Khalifa Economic Zones Abu Dhabi - KEZAD Group, said:** “We are excited to welcome Al Ghurair Foods Poultry as our latest client in KEZAD. This partnership is underpinned by a shared vision to contribute to expansion of the UAE’s domestic food security. We are extremely proud to be able to support the UAE’s long-term goals, while providing a capable and innovative ecosystem for our partners. We see this as only the beginning. As a strategic partner for KEZAD in building the food ecosystem, we look forward to exploring more opportunities with Al Ghurair Group to add to our food security efforts.”

Commenting on the milestone, **John Iossifidis, Group CEO, Al Ghurair**, said: “We’re extremely proud of this new venture under Al Ghurair Foods, which allows us to serve the growing demand for high-quality poultry products here in the UAE. Working with local partners such as KEZAD in turn enables us to be closer to our customers, while fulfilling the UAE’s national ambitions to secure food supplies and increase self-sufficiency in food production.”

As the food processing division of Al Ghurair, one of the largest diversified family business groups in the UAE, Al Ghurair Foods is committed to enhancing the availability and capability of domestic food production in the UAE. Al Ghurair Foods Poultry farm is one of the largest producers of eggs in the UAE, distributed under the flagship brand Jenan.

The announcement builds on an agreement signed between Al Ghurair Foods and KEZAD in April 2023, establishing a 50-year land lease for three mega food processing projects involving investments of over AED1 billion. In addition to the broiler farm, the agreement also included the development of the region’s first of its kind Starch Processing Plant, as well as the involvement of Al Ghurair Foods in KEZAD’s Abu Dhabi Food Hub.

**Turgut Yegenaga, CEO, Al Ghurair Foods and Al Ghurair Resources International, said:** “Al Ghurair Foods is already a recognised leader in the poultry division through Jenan and as a leading supplier for feed. Our foray into poultry meat production will enable to us to achieve greater vertical integration within the overall supply chain, giving us more control over the quality and supply of the broiler.”

Al Ghurair Foods is aligned with the UAE’s drive to boost local manufacturing efforts to build resilient and self-sufficient food supply systems. The venture also contributes to the UAE’s National Strategy for Food Security, which aims to make the Emirates the world’s best Global Food Security Index by 2051  by developing a comprehensive national system for sustainable food production through modern technologies.

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Al Ghurair Foods Breaks Ground on Broiler Farm in Abu Dhabi, part of AED1 billion investment agreement with KEZAD

**Published on May 13, 2024:**

The Abdulla Al Ghurair Foundation (AGF) today released its 2023 Annual Report, detailing a year of impactful achievements under its strategic initiatives around education and youth empowerment. AGF remains committed to transforming the educational landscape, having expanded its impact significantly across the Arab region.

In 2023, AGF initiatives empowered over 35,000 new learners through innovative programs and partnerships aimed at bridging the gap between education and employment. The report highlights the expansion of the Foundation’s flagship programs, such as Nomu, which now extends skill development across Jordan, Lebanon, and Tunisia, alongside ongoing success in the UAE.

This year's report, themed "Partnerships for Impact: Education in Focus", highlights AGF's approach to fostering sustainable and transformative educational opportunities through collaboration with over twenty partners. Key initiatives have focused on areas from online learning enhancements, with the launch of new digital platforms and courses, to the pioneering Takween program, which marks a significant step in after-school education for Emirati youth.

Sultan Abdulla Al Ghurair, Board Member of AGF, reflected on the foundation’s direction, stating, “The challenges of our time are surpassed by the potential of our youth. In 2023, we saw notable progress not just in the scale of our initiatives, but in their depth and impact. Our efforts this year have been driven by a commitment to equip our youth with the skills needed for a sustainable, technologically advanced future, through strong multi-sector partnerships that amplify our collective impact.”

Dr. Sonia Ben Jaafar, CEO of AGF, emphasized the importance of these initiatives, stating, "2023 was a pivotal year for us as we strengthened our commitment to empowering Emirati and Arab youth. Our efforts to integrate state-of-the-art educational programs and strategic partnerships reflect our core belief in the education’s power to transform lives. With the support of our partners and guided by the UAE’s visionary leadership, we are building pathways that lead not just to academic success, but to sustainable futures."

This report also covers developments such as strategic educational pathways and the impact of AGF's programs on regional youth. AGF has introduced critical innovations in education that cater to both immediate community needs and long-term developmental goals, such as the Ecopreneurship Bootcamp which aligns with global sustainability efforts.

Looking ahead, AGF aims to further extend its reach and refine its strategies to maximize the effectiveness of each program, continuing its role as in empowering the next generation of leaders through education.

The 2023 Annual Report is available on the Abdulla Al Ghurair Foundation website, offering a comprehensive view of the foundation’s efforts to empower youth and shape the future of education in the Arab region.

**About the Abdulla Al Ghurair Foundation (AGF)**

The Abdulla Al Ghurair Foundation (AGF) was established in 2015 to leverage education in helping Emirati and Arab youth thrive and contribute to the sustainable growth of the Arab region. AGF has positively impacted over 110,000 Emirati and Arab youth to date.

For more information, please contact: pr@alghurairfoundation.org

[2023 Annual Report - Digital.pdf](https://ag-prod-bucket.s3.me-south-1.amazonaws.com/2023_Annual_Report_Digital_d29846c89a.pdf?updated_at=2024-05-13T13:01:15.642Z)

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Abdulla Al Ghurair Foundation unveils 2023 Annual Report

**Published on May 10, 2024:**

•  All Ghurair Motors wins big at the 2024 EXEED International Dealer Annual Conference held in Wuhu, Anhui Province, China. 

Al Ghurair Motors, the automotive division of Al Ghurair, one of the leading diversified UAE family businesses, has been awarded three prestigious titles at the 2024 EXEED International Dealer Annual Conference, which was held on 29 April in China’s Wuhu city, located in the Anhui Province. Cinching the "Top Exceeder", "Forerunner", and "Best Cooperation" awards, Al Ghurair Motors was recognised for its exceptional sales and marketing achievements in the UAE market over the past year.

Al Ghurair Motors’ journey to these accolades is underpinned by their commitment to excellence, trust and responsibility as guided by Al Ghurair overall brand purpose of ‘Enhancing Life’. As the exclusive distributor for EXEED in the UAE, the business promotes the premium auto brand among quality-conscious consumers by incorporating a curated mix of digital advertising campaigns, complimentary test drives, and luxury mall activations across Dubai, Abu Dhabi, and Sharjah. These wins follow other significant milestones achieved in 2024, including the introduction of the highly anticipated 2024 VX SUV, and the inauguration of a new state-of-the-art showroom in Abu Dhabi.

The award was presented to **John Iossifidis, Group Chief Executive Officer, Al Ghurair** by **Qin Chao, Vice President, EXEED International**, during the award ceremony.

Commenting on the wins, John Iossifidis said: “We are delighted to be recognised for our efforts in strategic placement, tactful marketing and the seamless integration of EXEED into the UAE’s flourishing automobile market, which further bolsters our resolve in always enhancing the lives of and meeting our customer’s evolving needs."

The 2024 EXEED International Dealer Annual Conference themed ‘New Energy, New Ecology, New Era’ was part of the 18th Beijing International Automotive Exhibition (referred to as Auto China 2024), which took place between 25 April to 4 May 2024. 

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Al Ghurair Motors triumphs in China with three prestigious EXEED awards

**Published on May 01, 2024:**

Ethical investment frameworks must be advanced as green-labelled funding flows exceed $1.7 trillion in 2023 

**Authored by John Iossifidis, Group Chief Executive Officer, Al Ghurair**

Recent years have witnessed a seismic shift in investor appetite for partnerships that align with environmental, social and governance (ESG) principles, enshrined by global development plans, particularly in the aftermath of COP 28.  

Governments and the world’s most influential corporations are now increasingly arriving at a consensus about the need to address climate change for long-term socioeconomic continuity – however, change is not uniform. In many parts of the world, regulators continue to push back on making climate change a focus of business and investing decisions. Nonetheless, the narrative is gradually shifting in favour of climate action, with nations including the UAE, setting an example for others to follow and accelerating the transition towards decision-making led by ESG criteria.

For instance, a study released in December by the European Commission’s Joint Research Centre showed European banks charge higher interest rates on loans granted to companies in high flood-risk areas. The trend may be a microcosmic indicator of how environmental risks – which the World Economic Forum has warned could hit the point of no return in the coming years – might compel financial institutions to charge premiums on future lending commitments. The need to weave environmental, social, and governance (ESG) considerations into the future economic blueprint is clear as investors increasingly align their portfolios with sustainable objectives. 

**Regulatory Push**

As governments are compelled to respond to the climate crisis, decarbonisation investments are taking a greater share of global funding flows. Capex commitments for clean energy projects exceeded $1.7 trillion in 2023, according to separate estimates by the International Energy Agency and Bloomberg NEF. Spurred by stabilising interest rates, debt issuances for energy transition purposes increased by 4% to reach $824 billion last year. The financial and government sectors alone raised more than $316 billion in debt for energy transition in 2023.

These investments reflect the critical role that decarbonisation will play in investment decisions, consequently also elevating the status of ESG compliance from a value-add to a service for which businesses can charge a premium – particularly as investors open the doors for green-labelled assets to fulfil their respective net-zero commitments over the next  two to three decades. Fifty-six percent of 800 investors polled by deVere Group have said they plan to increase their ESG-focused investments in 2024, and Grant Thornton said last year 85% of its surveyed UK lenders believe a firm’s ESG status and ability to transition to net-zero influence their credit risk assessments.

Investor considerations and strategic government priorities are both helping to advance and strengthen the Middle East’s prevailing ESG frameworks. Regulation is a critical lever in the journey, and mature regional markets have introduced robust avenues and incentives to propel decarbonisation investments. In the UAE, this includes the provision of financing through the Ministry of Industry and Advanced Technology for investment into renewable or clean energy.

The role of government oversight is two-pronged: a PwC Middle East survey shows 63% of regional business leaders stating regulatory compliance as the most important driver for adopting an ESG strategy. Several regional stock exchanges, including in Qatar, Bahrain, Saudi Arabia, and the UAE have already issued guidance on reporting sustainability credentials.

But governments – regionally and globally – have an equally important role to play in mitigating greenwashing. RepRisk research reveals one in every four climate-related ESG risks globally was linked to greenwashing between 2022 and 2023, with the banking and financial services sectors noting a 70% increase in the number of climate-related greenwashing incidents in 2023. Government oversight and regulation are essential to encourage transparency and equitable responsibility towards ESG reporting as sustainability-linked spending continues to grow. 

**Commercial Pull**

While COP 28 has firmly placed decarbonisation at the centre of economic and corporate agendas around the world, the nascency of its pay-off means compliance with ESG currently faces intrinsic scepticism from risk-averse decision-makers. Nevertheless, decarbonisation investments – made compelling by the tangible benefit of energy savings – may smooth the journey towards broader ESG adoption, which is shown to ultimately unlock cheaper capital. 

Almost one-third of PwC Middle East’s surveyed respondents cite funding constraints as a barrier to ESG implementation, with just 13% anticipating green loans from banks.7 This may seem counterintuitive considering MSCI findings that show high ESG-scoring companies experience lower capital costs compared to peers with poor ESG scores, but partly reflects the need to enhance regional green finance awareness, particularly as ESG gains broader acceptance as a platform to embed resilience and readiness into corporate responses to global crises including climate change.

The transition to significantly decarbonised business operations needs leaders and decision-makers to navigate a complex and ever-changing regulatory landscape as well as implement a shift in corporate culture. This is not a small ask, but the most impactful companies of tomorrow will be those that actively create sustainable shareholder value through their continued pursuit of ESG excellence.

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Decarbonisation demand compels embedding ESG into commercial DNA

**Published on April 29, 2024:**

**• Aimed at enhancing national workforce development**

**• Focus on strategic collaboration to integrate citizens into key sectors of the economy**

**• Commitment to providing employment opportunities and essential training programmes for Emiratis**

The Emirati Human Resources Development Council and Al Ghurair, one of the largest diversified family business groups in the UAE, have signed a Memorandum of Understanding (MoU) aimed at bolstering initiatives that enhance Emiratisation.

The MoU, signed by Abdulaziz Alfalahi, The Emiratisation Recruitment Superintendent in Dubai at the Emirati Human Resources Development Council, and Suhrid Chaudhuri, Executive Vice President, Organisational Development and Talent at Al Ghurair, facilitates collaboration on strategic plans and initiatives, aligning with the shared objectives of both parties to promote training and employment opportunities for Emiratis.

His Excellency Eng. Sultan bin Saeed Al Mansoori, Chairman of the Emirati Human Resources Development Council, emphasized the importance of the partnership, commenting, 'As the entity entrusted with the development of the local workforce, the signing of this MoU reinforces our commitment. By working closely with Al Ghurair, we aim not only to provide employment opportunities but also to empower our citizens and equip them with the necessary skills and knowledge to thrive in the UAE’s dynamic job market. Additionally, we at the Council are continuously working to partner with houses of expertise and key players in the private sector, ensuring a collaborative approach to enhance our national employment initiatives.

Suhrid Chaudhuri, Executive Vice President, Organisational Development and Talent at Al Ghurair expressed his enthusiasm and commitment to the partnership, stating, "This MoU marks a significant step towards achieving our mutual goals of enhancing Emirati workforce development and nurturing national talent. Through this strategic collaboration with the Emirati Human Resources Development Council, we aim to create effective and sustainable strategies for the integration of Emiratis into key sectors of the economy."

The MoU outlines several key objectives aimed at fostering cooperation in the employment sector. These objectives include establishing a regulatory framework to facilitate the provision of employment opportunities for Emiratis, implementing essential training programmes to qualify national cadres, ensuring the sustainability and progression of workforce development initiatives, and promoting integration and collaboration between the public and private sectors to achieve those aims.

Under the terms of the MoU, the Emirati Human Resources Development Council will collaborate on efforts to develop national talent and supply resumes of qualified citizens to Al Ghurair, while Al Ghurair will prioritize the employment of Emiratis, implement tailored training programmes, and allocate resources to support workforce development initiatives.

The Dubai Human Resources Development Council was established by a decree issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, may God protect him. It includes representatives from the government and private sector and aims to create a reference entity representing the entities concerned with developing Emirati human resources in the private sector. The council aims to ensure the availability of an attractive and stimulating environment to attract Emiratis and to ensure the alignment of the outputs of education for Emirati students with the requirements of the job market in the emirate, according to strategic priority sectors.

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Emirati Human Resources Development Council and Al Ghurair Sign Memorandum of Understanding to Enhance Emiratisation Efforts

**Published on April 24, 2024:**

•	Building on a trusted relationship spanning five decades, AG Metal Industries is set to be the only independent ALPOLIC™ production facility UAE.


•	Located in RAKEZ, the state-of-the-art facility will be the first of its kind in the region of aluminium composite panels.


•	The opening ceremony was held under the patronage of the Ruler of Ras Al Khaimah, HH Sheikh Saud bin Saqr Al Qasimi. 

In the presence of and under the patronage of His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, Al Ghurair, one of the largest diversified family business groups in the UAE, and Mitsubishi Chemical Infratec Co., Ltd. (MCIT), held a ceremony to commemorate AG Metal Industries (AGMI) in Ras Al Khaimah Economic Zone (RAKEZ), signifying a historic deal that develops their long-standing partnership. On commencing production, AGMI is forecast to be the first facility of its kind outside of the ALPOLIC™ brand’s direct ownership.

In the ceremony held at the AGMI facility in Ras Al Khaimah, executives from Mitsubishi Chemical Infratec Co., Ltd. (MCIT), Al Ghurair, and RAKEZ convened to commemorate the occasion.

The venture will build on a successful relationship spanning over five decades. Al Ghurair has served as the exclusive distributor for various Mitsubishi Group products in the UAE, including the partnership between Al Ghurair and Mitsubishi Electric Elevators and is an Authorised Partner for Climaveneta air conditioning units from Mitsubishi Electric Hydronics & IT Cooling Systems S.p.A. Since 1993, Al Ghurair has also held exclusive distribution rights for ALPOLIC™, achieving a remarkable record of high-quality projects through a collaborative "sell and build" approach.

Recognising the changing needs of the construction industry, Al Ghurair is set to establish AGMI as an ALPOLIC™ Original Equipment Manufacturer (OEM) with distribution rights across the UAE. 

**AGMI Ras Al Khaimah factory outline:**

This state-of-the-art facility in RAKEZ will be capable of annually producing:

•	 4 million square meters of aluminium composite panels.

•	17,000 million tonnes of coated coils.

•	1 million square meters of fire-retardant core.

These premium materials will be supplied to construction and infrastructure projects worldwide, making buildings safer for both residential, commercial, and public sectors.

Commenting on the landmark announcement, **John Iossifidis, Group CEO, Al Ghurair**, said: "We are proud to deepen our ties with our long-standing partner Mitsubishi Chemical Infratec Co, Ltd (MCIT), as we aim to establish AG Metal Industries here in the UAE. This will be the only independent ALPOLIC™ production facility in the world, which allows us to bring the renowned MCIT expertise and quality even closer to our customers. Together, we are confident in our collective ability to shape the future of manufacturing in the UAE, through a shared commitment to quality, efficiency, and outstanding customer care."

**Tadashi Kusumoto, Business Vice President, Mitsubishi Chemical Corporation**, said: “This venture marks a significant development in our relationship with Al Ghurair, a partnership that has endured for over five decades. By establishing this state-of-the-art facility in Ras Al Khaimah, we are bringing leading ALPOLIC™ technology and the highest quality products to the UAE, further serving the needs of the UAE’s construction sector.”

**Ramy Jallad, Group CEO, RAKEZ**, said: “The establishment of AG Metal Industries at RAKEZ is a strategic step that underscores our commitment to enhancing and growing Ras Al Khaimah's industrial manufacturing, supply chain, and high-tech building materials cluster landscape and ecosystem. State-of-the-art facilities such as these embody our focus on elevating the local economy through adding high-tech and innovative manufacturing industries and practices. Through our commitment to offering customised solutions that meet the evolving needs of our business community, we ensure that Ras Al Khaimah not only thrives as a key economic player but also advances the broader goals of economic diversification and resilience in the UAE.”

The AGMI facility will also contribute significantly to the local economy, by creating new skilled jobs. This aligns with the UAE government's vision of fostering a robust industrial sector and promoting economic diversification.

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Al Ghurair and Mitsubishi Chemical Infratec Deepen Partnership with ALPOLIC™ Manufacturing Facility in Ras Al Khaimah, UAE

**Published on March 18, 2024:**

•	Five percent of revenue generated through The Face Shop sales the UAE during the Holy Month will go towards Emirates Red Crescent’s ongoing charity efforts. 

Al Ghurair Retail, part of the Ventures umbrella at Al Ghurair, has announced that it will be teaming up with Emirates Red Crescent (ERC) during the Holy Month of Ramadan, which will see five per cent of the total revenue generated throughout the month from their ‘The Face Shop’ brand go towards ERC’s ongoing Ramadan: Continuous Giving Campaign.

The proceeds will be used by ERC to provide essentials to those in need both in the UAE and around the world. ERC aims to support 1.8 million people in 44 countries through its Ramadan programmes this year.

Commenting on the partnership, **Daoud Asaad, General Manager, Al Ghurair Retail,** said: “At Al Ghurair Retail, we take pride in giving back to the community. As part of one of the largest family business groups in the region, we are deeply embedded within the community and see it as a moral responsibility to support those that are less fortunate. We commend the sustained efforts of Emirates Red Crescent and hope that our partnership can create a ripple effect, inspiring those around us.”

The sacred month of Ramadan holds particular significance for acts of charity, where the community is strongly encouraged to give back to those less fortunate. Compassion and generosity through acts of Sadaqah or ‘righteousness’ can help provide a better quality of life for those facing humanitarian challenges.

**Reef Al Khajeh, Marketing Director, Emirates Red Crescent,** said: “One of our key objectives for the Holy Month of Ramadan is to continue to bring together the generous people and businesses in the UAE to support our charitable initiatives. Ultimately, we are all united by a shared commitment to humanity, alleviating the suffering of vulnerable people and families around the world.”

The initiative by Al Ghurair Retail is in alignment with Al Ghurair’s overall purpose of ‘Enhancing Life’, contributing to meaningful and impactful change in the communities it serves. 

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Al Ghurair Retail’s ‘The Face Shop’ teams up with Emirates Red Crescent for Ramadan

**Published on March 12, 2024:**

Revealed at an event at the Ritz-Carlton JBR, Dubai, the 2024 VX boasts a complete redesign with a new exterior and tech-packed interior.


**UAE, March 2024:** EXEED by Al Ghurair, the premium automotive brand exclusively represented by AG Auto in the UAE under Al Ghurair, unveiled its highly anticipated 2024 VX SUV at a spectacular launch event on 7th March 2024. Held at the iconic The Ritz-Carlton Dubai in Jumeirah Beach Residence (JBR), the exclusive 2024 VX launch was inaugurated in the presence of EXEED’s esteemed partners, stakeholders and automotive enthusiasts, marking a significant milestone for the premium automotive brand in the UAE.


**Ricky Mullins, Senior Vice President – Business Development at EXEED said:** “The all-new 2024 VX SUV will redefine premium driving experiences in the UAE. With a bold new look, spacious interior, and featuring the latest technologies, the 2024 VX offers discerning drivers exceptional value combined with innovation, power, and ultimate comfort. At EXEED, we welcome drivers to the new standard of driving excellence in the UAE and look forward to bringing further innovation to the region’s automotive landscape.’’


The 2024 VX SUV is complete with state-of-the-art features, performance and drive capabilities. This SUV redefines luxury and comfort by creating an unparalleled cabin experience that transforms every drive. Drivers can also choose between a six-seater and seven-seater cabin option. 


Living up to the EXEED promise of "Born For More," the vehicles offer premium quality, with drivers and passengers treated to a luxurious interior trim with a 40.6-inch triplex display screen, and an Acoustics Palace class 3D surround music cockpit. Featuring a Lion Melody iFLYTEK 23-speaker soundsystem, headrest audio, and ANC noise cancellation, the 2024 VX captivates drivers into a symphony of harmony with a personalised music hall experience.


Prioritising driver safety, the all-new 2024 VX SUV is equipped with 26 Advanced Driver Assistance System (ADAS), and 10 ultra-large curtain airbags for enhanced protection. The BorgWarner VI All Terrain 4WD system, combined with Michelin tyres, provides unparalleled traction and stability, while the new pocket gear design enhances efficiency and control. The state-of-the-art speed limit assistance (SLA) intelligently prevents drivers from over-speeding and offers a 540-degree AVM HD image assist limiting blind spots. 


Equipped with the Qualcomm 8155 Chip that offers an intelligent cabin, the high-tech SUV is powered by a dynamic 2.0T engine paired with an Aisin 8AT transmission, and boasts seven driving modes for versatile performances. EXEED’s 2024 VX SUV features innovative design details, including a stylish three-dimensional front grille exuding sophistication in its exterior aesthetics. With a 2,900 mm wheelbase, and 24-inch alloy wheels, the premium SUV offers heightened performance and handling. Combined with luxurious amenities such as seat massage, heating and ventilation, the car offers indulgent comfort and tranquillity.


With a commanding design, spacious interiors and elegant exterior, impeccable engineering, exhilarating performance and advanced technology, the all-new 2024 VX SUV indulges in the comfort and sophistication of premium driving experiences. Prices start from AED 154,999, and drivers can select their all-new VX across three model categories including 2.0TGDI Luxury, 2.0TGDI Flagship and 2.0TGDI Executive.


For further information on EXEED by Al Ghurair’s 2024 VX SUV and test drives, please visit the Dubai showroom – [D74, Al Ittihad Road – Al Khabaisi - Dubai](https://maps.app.goo.gl/N5uXwJAdbtFs7aKb7), Abu Dhabi showroom – Corniche Street - Al Khalidiyah - Abu Dhabi, or via the website: www.exeed-uae.com 


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EXEED Fuels Excitement On UAE Roads With The New 2024 VX SUV

**Published on February 16, 2024:**

•	2024 marks the 37h year that Al Ghurair Foods is participating at the annual event, which is the world’s largest F&B tradeshow.

•	Gulfood serves as an opportunity for Al Ghurair Foods to connect with like-minded partners to scale innovation in agribusiness. 

Al Ghurair Foods, part of Al Ghurair, one of the largest diversified family business groups in the UAE, announces its 37th participation at Gulfood, taking place between 19-23 February at Dubai World Trade Centre. As a leading manufacturer and supplier of high-quality food products, Al Ghurair Foods aims to showcase its innovative approach to food processing and distribution whilst leveraging the event to connect with industry stakeholders for potential collaborations in scaling food innovation.

The annual Gulfood event is the world’s largest food and hospitality tradeshow, connecting the global food community to engage in dialogue and discussion about new trends and developments in the F&B industry.

Commenting on the participation, **Turgut Yegenaga, Chief Executive Officer, Al Ghurair Foods, Al Ghurair Resources International**, said: "Al Ghurair Foods is looking forward to learning from and engaging with the dynamic global food community that descends on Gulfood each year. The event is a pivotal platform for us to connect with key players, exchange ideas, and delve into the latest advancements and trends in food technology. By fostering these connections and staying abreast of industry innovations, we are dedicated to ensuring that we remain at the forefront of delivering cutting-edge, quality products to our valued customers worldwide."

Over the past year, Al Ghurair Foods has continuously raised the bar for the region’s food sector, with the aim of boosting the UAE’s food production capabilities and contributing to the nation’s food security goals. This included a 50-year land lease agreement signed with KEZAD Group, a subsidiary of AD Ports Group, to establish three mega food processing projects at a value exceeding AED1 billion. As part of the deal, Al Ghurair Foods will set up the region’s first of its kind Starch Processing Plant, in addition to one of the top broiler hubs in the UAE, in terms of capacity. Al Ghurair Foods is also closely involved in the Abu Dhabi Food Hub – KEZAD, a purpose-built marketplace to facilitate domestic and international food trade.

Meanwhile, the firm set a new record towards the end of 2023, when its Edible Oil Company division crushed more than 37,895 tonnes of seeds during the year, showcasing the company’s efficiency, scale, and capability in the agribusiness sector and solidifying its position as an industry-leader.
With its commitment to innovation and excellence, Al Ghurair Foods is eager to contribute to the global discourse on advancements in food technology and explore synergies with industry leaders. Al Ghurair Foods remains committed to staying at the forefront of the industry, delivering cutting-edge, quality products that contribute to the nation's food security goals.

Visit the Al Ghurair Foods stand located at **C8-10 in Hall 8 of the Dubai World Trade Centre** to discuss collaboration opportunities, explore their innovative products, and learn more about their vision for a sustainable and secure food future.


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Innovation Through Collaboration: Al Ghurair Foods at Gulfood 2024

**Published on February 15, 2024:**

•	**AG Car Care** has been formed to distribute SunTek paint protection film and window film products in the UAE, through AG Cars' existing network and retail showrooms.

•	This distributorship reaffirms AG Auto's commitment to redefining excellence in the automotive sector.

AG Auto, part of Al Ghurair, one of the leading diversified UAE family businesses, has announced it will become a distributor of the SunTek brand, a renowned American automotive accessories brand owned by Eastman, with the formation of **AG Car Care**, which will serve as the distributor of SunTek products in the UAE.

The distributorship brings together the quality and craftsmanship known for SunTek products with the expertise and market presence of AG Auto, expanding consumer choice to car users across the UAE beginning early 2024. SunTek is globally recognised for innovative technologies with window films and paint protection films backed by established films manufacturer Eastman.

Commenting on the announcement, **Mohammed Maktari, General Manager of AG Auto by Al Ghurair**, said: “AG Auto's SunTek distributorship and the formation of **AG Car Care** marks a pivotal moment in our commitment to delivering unparalleled excellence in automotive solutions. With over two decades of expertise, dedication to quality service, and a strong global presence, AG Car Care emerges as the definitive gateway to expanding SunTek innovative products in the UAE, while enabling us to continue our legacy of fostering enduring industry relationships and nurturing innovation.”

The rollout of SunTek products will occur in phases, beginning with promotion through AG Cars' existing network via Value-Added Services (VAS), offering the solutions to customers of EXEED and AG Used Cars. AG Car Care will subsequently pursue the establishment of retail showrooms in Abu Dhabi, Dubai and Sharjah, to directly cater to consumers and other channel partners. AG Car Care will also explore opportunities to provide retro-fit films for residential, commercial and marine property segments as a ‘Total Protection’ service provider.

**Andy Vickers, commercial manager from Eastman, said:** “We are pleased to collaborate with AG Car Care as our SunTek distributor, bringing our innovative products to consumers in the UAE. Our commitment to excellence in technology and product craftsmanship perfectly aligns with AG Car Care's dedication to quality service and market expertise. Together, we're set to redefine automotive care, offering products that elevate protection, style, and performance, setting new benchmarks in the industry.”

SunTek products offer innovative technologies including Heat Resist and Tetrashield to help improve the performance. Many of the window film products have the endorsement and recommendation by the **Skin Cancer Foundation,** highlighting the brand's dedication to protecting both vehicles and individuals.

AG Car Care underscores AG Auto's leadership in fostering collaborations with pioneering solutions providers such as Eastman, reaffirming the brand’s commitment to redefining excellence in the automotive sector.

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AG Auto will distribute SunTek® innovative automotive films in the UAE

**Published on February 07, 2024:**

•	The Group was selected as the Winner of the Middle East Procurement Team of 2024 category. 

Al Ghurair, one of the leading diversified UAE family businesses, earned the coveted Middle East Procurement Team of 2024 title at the 2nd Middle East Procuretech Summit & Awards. This prestigious honour validates their bold approach to redefining the standard for the region's procurement sector through innovative and sustainable practices.

Al Ghurair journey to this accomplishment was fuelled by their commitment to embracing digital procurement solutions and their proactive efforts to implement international best practices, aiming for excellence in procurement. By harnessing the power of technology, they've consistently transformed challenges into opportunities, solidifying their position as a leader in innovative procurement practices.

The award was received by **Stephen Rea, Chief Procurement Officer and Chief Enterprise Excellence Officer, Al Ghurair** who remarked: “We are delighted to be recognised for our efforts in integrating procurement tech and innovation. It further strengthens our resolve to continuously redefine the standards for efficient, sustainable, and ethical procurement practices across the region."

The annual Middle East Procuretech Summit & Awards celebrate excellence in procurement, supply chain, and logistics across the region. This year's event took place on February 6th, 2024, at Grosvenor House in Dubai, and focused on Digital Procurement, offering a platform for industry discussions on topics such as Cloud procurement, E-Procurement Solutions, and Supplier Relationship Management (SRM).

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Al Ghurair Wins Top Procurement Honour at Procuretech 2024 Awards

**Published on February 06, 2024:**

Al Ghurair Centre has outlined ambitious plans to redefine Deira’s dining scene with the upcoming launch of Flayva, a highly-anticipated global ‘street food’ hall featuring 23 exciting homegrown concepts set to open on February 16. 

Spanning an expansive 3,318-square-feet, the all-in-one culinary hotspot will accommodate approximately 500 guests at a time, providing a spacious and vibrant setting for a rich variety of dining experiences in the heart of Deira. From Indonesian to Vietnamese, Indian to Japanese, Lebanese to Filipino, Flayva promises a melting pot of flavours for every palate.

“With the launch of Flayva, our latest culinary gem at Al Ghurair Centre, we extend our commitment to creating and nurturing a vibrant community hub within the heart of one of Dubai’s most historic neighbourhoods,” said Anwar Atari, Chief Executive Officer, Al Ghurair Properties – Residential and Commercial. “Inspired by the growing popularity of food halls in the city, Flayva is more than a dining space; it's a lively community hub where residents can come together and discover an eclectic fusion of local and international flavours, all under one roof.”

The upcoming lineup for venues set to open next week includes Allo Beirut, offering Lebanese dishes inspired by the capital’s street food scene complete with a separate section for shawarma lovers; BaoFriends, a modern bao joint infused with both Asian and Arab flavours; House of Curry for an authentic Indian food experience; Warung Bandung for traditional Indonesian flavours; Vietnamese Snack Food Cafe Restaurant and Little Oriental Dining for Asian fusion delights; and Salvis Junior, Chibog Restaurant, and Bacolod Inasal BBQ for delicious Filipino cuisine. 

Expanding the global palate, Flayva introduces Japanese joint Tako Ichiban House; Uzbeki Cuisine for an authentic taste of Uzbekistan; Clucks for a fried chicken food fest; and Siam Thai Food for traditional flavours from the east. Those with a desire for drinks or desserts can satisfy their craving at Hubboba Tea Café, an Emirati-owned Boba tea shop, or indulge in delectable desserts at Taro by BaoFriends. More exciting food concepts are on the horizon, stay tuned.

Flayva, which will be open Sunday to Thursday from 10am to 11pm and on Fridays and Saturdays from 10am to 1am, represents a significant addition to Al Ghurair Centre, enhancing its appeal and solidifying its position as a leading lifestyle destination for residents and tourists alike. Al Ghurair Centre, which opened in 1981 as the Middle East’s inaugural modern shopping mall, houses 270 stores, more than 50 dining and entertainment venues, and a hypermarket. 

For more information, please visit [www.flayvadubai.com.](https://www.flayvadubai.com/home)

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AL GHURAIR CENTRE UNVEILS 23 STREET FOOD CONCEPTS SET FOR NEW FLAYVA FOOD HALL

**Published on January 24, 2024:**

•	The award recognises AG Engineering and Power Contracting and AG Metal Industries commitment to occupational health and safety

AG Engineering and Power Contracting (AGEPC) and AG Metal Industries (AGMI), part of Al Ghurair, one of the leading diversified UAE family businesses, have both successfully completed a best practice Five Star Occupational Health and Safety Audit conducted by the esteemed British Safety Council, resulting in a five-star rating for both entities. The accomplishment underscores the companies’ steadfast dedication to continuously enhance their health and safety management systems and related protocols.

Under the audit process, both AGEPC and AGMI consistently demonstrated an exceptional performance during a comprehensive, quantified, and robust evaluation of their occupational health and safety policies, processes, and practices. 

The evaluation process encompassed a thorough review of relevant documents, alongside comprehensive interviews with top-level executives, staff members, and various key stakeholders. This was followed by an examination of selected operational activities. 

In addition, the audit involved a document analysis, discussions with senior leadership, team members, and key stakeholders, coupled with an inspection of specific operational processes. The focus of the audit was to gauge performance against established benchmarks for best practices in health and safety management, involving an in-depth analysis of close to sixty component elements.

Speaking about the award, **Jacob John, CEO of AGEPC and AG Metal Industries** said: “We are honoured to receive this exceptional rating from the British Safety Council as a powerful validation of our commitment to occupational health and safety , benchmarked against established international practices. Over the years, AG Engineering and Power Contracting along with AG Metal Industries have been dedicated to achieving outstanding results in the Construction sector. This achievement stems from our deep-rooted commitment to health, safety, and a deep emphasis on the well-being of our workforce, who are the key driving force behind our success. We are deeply passionate about enhancing our teams' exceptional performance by providing a work environment that is both safe and healthy, and this recognition of our efforts inspires us to continue setting the bar even higher for the industry.”

**Mike Robinson, CEO British Safety Council, said:** “The award of a five-star grading following our occupational best practice Health and Safety Audit is an outstanding achievement and is reflective of a proactive organisation which is committed to continual improvement in its health and safety arrangements and managing risks to workers’ health, safety and wellbeing.”

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AG Engineering and Power Contracting, AG Metal Industries achieve five-star grading in British Safety Council Audit

**Published on January 23, 2024:**

•	The loan will be tracked against a set of relevant Key Performance Indicators (KPIs) during the 10-year tenure of the facility. 

•	Dar Al Marefa has set an ambitious and comprehensive plan to increase teacher professional development targets in addition to extending scholarship programs to widen access to inclusive and quality education.

Mashreq, a leading financial institution in the MENA region, has announced its collaboration with Dar Al Marefa School, Dubai’s only bilingual (English and Arabic) IB Curriculum school and part of Al Ghurair, providing it with a sustainability-linked loan (SLL), reflecting Mashreq's steadfast commitment to sustainable finance.

In this ten-year SLL agreement, Dar Al Marefa commits to enhancing the Continuing Professional Development (CPD) hours for all its educators, ensuring the continuous development of highly qualified teachers in their specialised fields.

The SLL will also support an increase in the number of scholarships offered by the school under the “Mohammed Bin Rashid Distinguished Students Program”, an initiative aimed at providing outstanding Emirati students with the opportunity to join private schools in Dubai. The school has committed to welcoming an additional 10 scholarships specifically targeting female students, promoting equal and inclusive access to quality education.

**Ahmed Abdelaal, Group Chief Executive Officer at Mashreq**, commented: “We are proud to announce our commitment to sustainable finance by extending a groundbreaking sustainability-linked loan to Dar Al Marefa. This initiative, aligning with our dedication to meaningful impact, supports the school's development goals, fostering lifelong learning and scholarships. By connecting loan terms with sustainability objectives, we actively contribute to SDG 4, ensuring inclusive and equitable education, while indirectly advancing many other goals. This commitment reflects our belief that sustainable finance is a cornerstone for fostering economic stability, responsible consumption, climate resilience, and social inclusivity through the transformative power of quality education."

**John Iossifidis, Group Chief Executive Officer at Al Ghurair**, commented: “Thanks to the sustainability-linked loan from Mashreq, Dar Al Marefa can accelerate its efforts in meeting SDG4 objectives, whilst widening access to inclusive, high-quality education for regional youth. Since its establishment in 2008, the school has cemented its status as a premier learning institution, and with the implementation of this SLL, it will be accessible to an increasing number of promising young talents. The heightened focus on Continuing Professional Development for the school's educators will play a pivotal role in upholding the school’s high standards of excellence and ensuring exceptional pass rates. Beyond that, this SLL empowers the school to sustain its important role as a community that nurtures its young students, fostering their development and equipping them with the skills and mindset needed to excel in post-secondary education, as well as thrive in a competitive and challenging global job market."

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Mashreq Extends Debut Sustainability-Linked Loan to Dar Al Marefa School

**Published on January 18, 2024:**

•	The achievement underscores the Group’s ongoing commitment to creating an atmosphere for learning and people development.

•	Al Ghurair reiterates its alignment with the Sustainable Development Goal 8 (SDG 8) of providing decent work and economic growth.

Al Ghurair, one of the largest diversified family business groups in the UAE, has been recognised as a Top Employer in the country for the second consecutive year by the Top Employers Institute. This accolade recognises the group's continued commitment to fostering a conducive environment for learning and people development, aligning seamlessly with Sustainable Development Goal 8 (SDG 8) – promoting decent work and economic growth.

The Top Employers Institute programme certifies organisations based on the participation and results of their HR Best Practices Survey. This survey covers six HR domains consisting of 20 topics including People Strategy, Work Environment, Talent Acquisition, Learning, Diversity, Equity & Inclusion, Wellbeing and more.

Al Ghurair's recognition is a testament to its multifaceted initiatives aimed at unlocking the full potential of its workforce. In a recent company-wide people opinion survey, the group received high marks, particularly in transparency and in successfully well aligning people strategies with business goals.

Commenting on the achievement, **John Iossifidis, Group CEO, Al Ghurair**, said: “As we celebrate our recognition as a Top Employer for the second consecutive year, this achievement echoes our commitment to our most valuable asset – our people. This certification underscores our relentless pursuit of fostering a workplace where diversity thrives, inclusion is the norm, and where every individual's growth is nurtured. We take immense pride in this accolade as it signifies not just a certification, but a testament to our ongoing dedication to creating an environment where our people feel inspired, supported, and empowered to bring their best selves to work every day.”

Since beginning a Group-wide transformation journey three years ago, Al Ghurair has incorporated its ‘Fit for Future’ model into the organisation’s ‘Employee Value Proposition’ and talent strategy to engage and empower people along their career pathways. The programme, aligned with the Group’s commitment to supporting the United Nations’ Sustainable Development Goal 8 (SDG 8), focuses on nurturing skills and advancing career pathways across its diverse talent base.  

At the heart of Al Ghurair’s success lies its steadfast dedication to providing an environment for continuous learning and development, with a robust array of programmes designed to cultivate talent and drive professional growth. A newly-established Executive Leadership Development Programmes and Advanced Leadership Development Programmes have already seen the 60 participants to date already accumulating more than 6,000 learning hours. Further, Al Ghurair has invested in access to LinkedIn Learning to its full office-based community, with learners undertaking more than 12,000 modules since April 2023.

Meanwhile, an impactful Emiratisation programme underscores the Group's pledge to support and nurture local talent, promoting workforce diversity and empowering Emirati individuals to thrive within the organisation. This is made possible through in-house initiatives as well strategic collaborations with leading entities in the UAE.

Commenting on the recognition, **David Plink, CEO, Top Employers Institute**, said: “Al Ghurair continued dedication to its employees is what has helped it achieve this recognition for the second year in a row. As employers, they have shown the difference they can make in people’s lives just by creating an environment that encourages ideas and growth, honing a culture of openness and inclusivity. We are proud to celebrate Al Ghurair as one of the leading Top Employers 2024 in the UAE.”

The certification reaffirms Al Ghurair’s Purpose to facilitate and empower meaningful change by ‘Enhancing Life’ for the communities it serves and the people that make it possible. Driven by its vision to deliver better, both outwards and within, the family business has cultivated an environment that encourages innovation, sparks curiosity and nurtures ideas through mutual collaboration and partnership. 



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Al Ghurair Secures Prestigious Top Employer Recognition for Second Consecutive Year

**Published on January 10, 2024:**

•	The turnkey engineering solutions provider was recognised for its consistent deliveries across various prestigious Data Centres and District Cooling Projects in UAE

AG Engineering and Power Contracting (AGEPC), part of the construction and services sector of Al Ghurair, one of the leading diversified UAE family businesses, won three awards at the esteemed Climate Control Middle East 2023 awards, in recognition of the company’s continued commitment to delivering the highest levels of service excellence and innovation.

Organised by CPI Industry’s flagship publication Climate Control Middle East, the annual awards celebrate the best of the heating, ventilation, air-conditioning, and refrigeration (HVACR) industry and is well-recognised both regionally and globally. AGEPC was awarded across three categories: MEP Contractor of the Year (large projects >100m) - for the second consecutive year; District Cooling Contractor of the Year; Dominic Desouza Award for Innovation.

Commenting on the wins, **Jacob John, CEO, AG Engineering and Power Contracting**, said: “We are thrilled to win at these esteemed awards and see them as a testament to our pioneering implementations on projects that redefine industry standards. We extend our sincere gratitude to Climate Control Middle East for acknowledging our efforts, and for recognising our commitment to delivering cutting-edge solutions, whilst upholding the highest standards of QHSSE, along with our continuous pursuit towards innovation and sustainability in engineering deliverables."

Within the “**District Cooling Contractor of the Year**” award category, AGEPC displayed unmatched proficiency in executing several DCPs across the UAE, as a turnkey contractor. AGEPC executed these fast-track projects in a timely manner along with implementation of technological advancements of the cooling industry, with a focus on reducing carbon wastage by saving on energy consumption.

Meanwhile, the company’s work on various Data Centre projects earned it the “**MEP Contractor of the Year (large projects >100m)”**award for the second consecutive year. Here, AGEPC leveraged innovative AI enabled engineering practices and utilised machine learning to harvest data and optimise operational efficiencies. 

The penchant for innovation also earned AGEPC the most coveted “**Dominic De Souza Award for Innovation”**, amidst stiff competition from various industry giants. This award was based on various innovative solutions that were pursued and successfully implemented into the projects.

AGEPC has successfully delivered several leading turnkey infrastructure development contracts in the region, spanning sectors including aviation, energy, climate-smart farming, process Industries, on & off-shore, etc., by providing state-of-the-art engineering solutions. 

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AG Engineering and Power Contracting secures multiple accolades at Climate Control Middle East Awards

**Published on December 13, 2023:**

•	The award recognises AG PCS Switchgear’s continued commitment to occupational health and safety

AG PCS Switchgear, part of Al Ghurair (AL Ghurair), one of the leading diversified UAE family businesses, has won the prestigious Sword of Honour from the internationally esteemed British Safety Council. This achievement marks the second time a company within the Group’s Engineering cluster has received this esteemed recognition, following AG Engineering's previous win.

The company was one of 115 organisations worldwide that achieved a Sword of Honour, awarded to companies which have demonstrated excellence in the management of health and safety risks at work. The accomplishment underscores AG PCS Switchgear's commitment to rigorous safety protocols and practices across all facets of its operations, exhibiting proactive leadership commitment and employee engagement in safety initiatives.

Commenting on the award, **Jacob John, CEO of AG PCS Switchgear**, said: “We are delighted and privileged to receive this award from the British Safety Council. This recognition underscores our relentless ‘pursuit of better’ when it comes to managing health and safety risks, reflecting our dedication to fostering a secure and thriving work environment for our employees and the collective effort of every individual within our organisation.”

The award was received by **Tamal Kumar Ray, Senior Vice President – QHSE (Quality, Health, Safety and Environment) at AG PCS**, who remarked: “AG PCS is honoured to be acknowledged among global leaders dedicated to championing health and safety within our industry. These accolades push us to continuously raise the bar and ensure the best working environment for our employees while maintaining the highest service standards for our clients."

In order to compete for the Sword of Honour, an organisation has to achieve the maximum five stars in British Safety Council’s health and safety management audit scheme. The qualification period for this is between 1 August 2022 and 31 July 2023. The organisation has also demonstrated to an independent panel of experts that it has achieved excellence in its health and safety management throughout the business – from the shop floor to the boardroom.

Earlier this year, AG PCS successfully completed a best practice Five Star Occupational Health and Safety Audit conducted by the British Safety Council, under which it consistently demonstrated a resolute commitment towards upholding exceptional performance in safety standards during a comprehensive, quantified, and robust evaluation of its occupational health and safety policies, processes, and practices. As a result of this diligent evaluation, AG PCS Switchgear has proudly secured a five-star rating - an accolade that mirrors its embodiment of industry best practices in the realm of health and safety.

**Peter McGettrick, Chairman of British Safety Council, said:** “On behalf of the board of trustees and staff of the British Safety Council I would like to congratulate AG PCS Switchgear on achieving the highest standards of its health and safety management. These awards recognise the commitment, dedication and absolute professionalism undertaken. We are proud to support your organisation in its achievement and delighted we can contribute to your ongoing success.”

**Mike Robinson, Chief Executive of British Safety Council, added:** “I would like to congratulate AG PCS Switchgear and its staff on this award, in tribute to their commitment to keeping their workplace safe and healthy.” 



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AG PCS Switchgear honoured with British Safety Council Sword of Honour Award 2023

**Dubai, UAE, 29th November, 2023**

• The partnership is set to accelerate the green mobility shift with Camry Hybrids the vehicle of choice for taxi fleet providers across the UAE;

• Cars Taxi renowned for being one of the UAE’s first taxi franchise companies to incorporate hybrid vehicles into taxi fleet.

Al-Futtaim Toyota, the leading provider of automotive solutions in the UAE, announces its selection by Cars Taxi, one of the country’s largest taxi service operators and part of Al Ghurair, to supply **1,300** Toyota Camry hybrid vehicles, in a partnership that is set to accelerate the country’s green mobility shift. This fleet expansion will bolster Cars Taxi's existing fleet of circa 4,000 vehicles, with **100%** of its entire fleet now comprised of Hybrid / Compressed Natural Gas (CNG) vehicles.

Motivated by a steadfast commitment to sustainability and the ambitious target of achieving a 100% hybrid fleet, Cars Taxi actively sought opportunities for collaboration. In strategically identifying the Toyota Camry hybrid as the optimal choice for fleet expansion, Cars Taxi leveraged its longstanding relationship of more than **two decades** with Al-Futtaim Automotive to forge a partnership that aligns seamlessly with their vision for a greener and more sustainable future.

Al-Futtaim Toyota has been a trusted partner of taxi fleet operators in the UAE, having delivered over **10,000** Toyota Camry hybrids to both fleet operators and retail customers over the last two decades. Renowned for its low total cost of ownership, safety rating, fuel efficiency, and environmental benefits, the Camry continues to dominate the country’s taxi industry.

The agreement also covers the addition of the luxurious Toyota Granvia full-size MPVs to the VIP limousine fleet of Cars Taxi, including comprehensive maintenance solution for the limousine fleet covering both vehicle servicing and full body repairs. Through this arrangement, the vehicles will be maintained in the best condition operationally and command a better residual value at the time of resale.

**Badr Abdulla Al Ghurair, CEO, Cars Taxi,** emphasised the importance of embracing technology for a greener future: “As an early adopter of hybrid vehicles in the UAE's taxi industry, we are committed to sustainability and reducing our carbon footprint. In pursuit of this vision, we exclusively considered hybrid vehicles, with the Toyota Camry hybrid standing out for its exceptional fuel efficiency and eco-conscious features. This strategic partnership with Al-Futtaim Toyota not only provides us with environmentally conscious, safe, comfortable, and reliable vehicles but also ensures an innovative and exceptional taxi journey for all our passengers."

Commenting on the partnership, **Jacques Brent, Managing Director of Al-Futtaim Toyota & Lexus,** said: “Green mobility is the imperative way forward, and as mobility market leaders, we understand we have a significant role to play in driving this transition. There is a growing call for more sustainable choices of transportation, not only from automotive stakeholders but also from our customers, and we remain committed to delivering this through a wide line-up of hybrid and innovative power trains on offer. This partnership with Cars Taxi is a continuation of our firm commitment to meeting the evolving demands as well as to developing the green mobility ecosystem in the country, as envisioned within the UAE’s Net Zero 2050.As part of one of the largest business groups in the UAE - Al-Futtaim Group, Toyota has consistently been partnering with several public transportation entities as well as major transport operators to accelerate the green mobility movement forward in the UAE. In a clear testament to this commitment, Al-Futtaim Group was recently announced as the Strategic E-Mobility Partner of COP28.”

The agreement will also serve the full stock management lifecycle of the Cars Taxi fleet from procurement to de-fleeting through the Al-Futtaim Auto Auction network. Once a vehicle has reached the end of its fleet cycle, Cars Taxi will benefit from the Al-Futtaim Auto Auction used car B2B platform to resell the vehicles smoothly and efficiently for the best possible value.

The official signing of the Memorandum of Understanding solidified the partnership between Al-Futtaim Toyota and Cars Taxi. As a forward-looking initiative, the partnership aligns with the objectives of COP28, showcasing the commitment of both companies to contribute to global sustainability efforts.

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Al-Futtaim Toyota Secures Major Order from Cars Taxi for 1,300 Camry Hybrids

**Dubai, UAE, 19 October 2023:**

• The partnership will provide Al Ghurair Properties with a long-term, sustainable, and cost-effective solution to generate clean energy and reduce carbon emissions.

Al Ghurair Properties, the real estate development arm of Al Ghurair, a leading diversified UAE family business, has inked a transformative 21-year partnership with renowned distributed solar energy provider in the GCC, SirajPower. This long-term strategic alliance will see SirajPower finance, design, construct, operate, and maintain the solar energy project at Al Ghurair Properties' Display Centre in Al Quoz, delivering both substantial reductions in carbon emissions and energy expenditures.

The announcement harmonizes with the UAE's commitment to sustainability, underscored by the ongoing Year of Sustainability and the forthcoming COP28, reaffirming the pivotal role of the business sector in supporting the nation's ambitious energy transition objectives.

The signing ceremony officiating the agreement took place on 17th October in Dubai, in the presence of Anwar Atari, Chief Executive Officer, Al Ghurair Properties, and Laurent Longuet, Chief Executive Officer, of SirajPower. 

Commenting on the agreement, **Anwar Atari, Chief Executive Officer, of Al Ghurair Properties, said:** “We are immensely pleased to announce this significant 21-year partnership with SirajPower, highlighting our ongoing commitment to sustainability and environmental stewardship. At Al Ghurair, we are aligned with the UAE’s sustainability goals, as we understand that building a prosperous future is intricately linked with protecting the environment that sustains it. This collaboration serves as a pivotal step in our ongoing journey toward carbon neutrality and energy efficiency."

Over the first five years, the solar project is expected to generate **4,160MWh** of clean energy, with **840MWh** generated in the inaugural year alone. Across its 21-year lifespan, the project aims to produce a significant **17GWh** of energy, equivalent to planting over **193 thousand** tree seedlings for a decade and offsetting approximately **11,700** metric tons of carbon dioxide emissions.

On his part, **Laurent Longuet, CEO at SirajPower said:** “We are exhilarated to collaborate with Al Ghurair Properties in this venture. For SirajPower, excellence in the renewable energy sector is not merely about technological innovation, but also about the sustainable impact we imprint on communities. This partnership is a testament to our shared commitment toward creating a cleaner, more sustainable energy landscape in the UAE.”

This solar initiative makes a substantial contribution to the UAE's energy diversification strategy, aligning with the nation's net-zero vision to achieve 50% clean energy by 2050, comprising 44% from renewable sources and 6% from nuclear energy.

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Al Ghurair Properties signs a 21-year solar lease agreement with SirajPower to generate 17GWh of clean energy

**Dubai, UAE, 11 October 2023:**

• From Nike to Pandora, Under Armour to Levi’s, the Middle East’s oldest mall is undergoing a revamp expected to encourage even more visitors through its Deira doors.

• GLITCH Laser and GLITCH Kart set to complement new GLITCH entertainment centre, while new food hall will feature homegrown ‘street food’ F&B outlets.

Al Ghurair Centre, Dubai’s first shopping mall, has announced the opening of 25 new shopping and dining additions, as part of a major ongoing revamp that has seen the gradual establishment of a new entertainment complex and development plans for a diverse and expansive food hall. 

The new units bring the total store count at Al Ghurair Centre, which first opened its doors in Deira in 1981, to over 240, with a host of big brands set to be unveiled over the coming months. Under Armour and Giordano opened their doors in September, while Nike, Converse and a new large format Sun and Sand Sports will launch later this month. Fila, Homebox and a host of others are set to be operational before the turn of the year, while Zataar W Zeit, Brand Bazaar, and many more major brands will open in 2024.

With 15 million people expected to come through the doors of Al Ghurair Centre in 2023 alone, the latest expansion plans will actively encourage even more visitors to one of the region’s most loved and lauded shopping malls. 

Spanning an impressive 3,700 square meters, GLITCH stands as the latest family entertainment hub in the emirate, offering over 30 interactive attractions, including a 10-pin bowling alley, soft-play areas, climbing walls, and much more. Since its opening in June, GLITCH has already drawn an average daily footfall of nearly 3,000 visitors, with total daily sales exceeding AED 30,000. The Centre’s future enhancements include the launch of GLITCH Laser and GLITCH Kart in 2024.

Meanwhile, Flayva, the new upcoming ‘street food’ hall will comprise of 23 all-new F&B units, all of which are a mix of homegrown and international concepts, tailored to the local market. With an overall capacity to seat almost 500 people, spanning across 3,318sq, the new dining destination promises a gastronomic experience like no other with diverse culinary options.

Anwar Atari, CEO Chief Executive Officer - Properties, Commercial, and Residential, said on the latest developments: “The COVID-19 pandemic brought challenging times for malls, causing significant shifts in market dynamics and deal structures. However, we are proud to say that Al Ghurair Centre has achieved the highest occupancy levels, with international and prominent local brands eager for visibility.

He continued, "We are committed to enhancing the leisure and entertainment experiences for our valued customers. This began with the successful launch of GLITCH, one of Dubai's premier family entertainment venues, and it will soon be followed by the introduction of an authentic street food hall, among other exciting developments, within the next 12 months.”

For more information, please visit [http://www.alghuraircentre.com](http://www.alghuraircentre.com)


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AL GHURAIR CENTRE ANNOUNCES EXPANSION PLANS WITH 25 NEW SHOPPING OUTLETS AND A BRAND-NEW FOOD HALL CONCEPT, FLAYVA

**Dubai, UAE, 31 August 2023:**

•	The award recognises AG PCS Switchgear’s commitment to occupational health & safety

AG PCS Switchgear, part of Al Ghurair, one of the leading diversified UAE family businesses, has successfully completed a best practice Five Star Occupational Health and Safety Audit conducted by the esteemed British Safety Council. The accomplishment underscores AG PCS Switchgear's steadfast dedication to continuously enhance its health and safety management systems and related protocols.

Under the audit process, AG PCS Switchgear consistently demonstrated a resolute commitment towards upholding exceptional performance in safety standards during a comprehensive, quantified and robust evaluation of its occupational health and safety policies, processes and practices. The assessment included documentation review, interviews with senior management, employees and other key stakeholders, together with sampling of operational activities.

The audit evaluated AG PCS Switchgear's performance against pivotal benchmarks within health and safety management, while also delving into a detailed analysis of nearly sixty individual component elements. As a result of this diligent evaluation, AG PCS Switchgear has proudly secured a five-star rating—an accolade that mirrors its embodiment of industry best practices in the realm of health and safety.

Speaking about the award, **Jacob John, CEO of AG PCS Switchgear**, said: “We are elated to receive this exceptional rating from British Safety Council marking our commitment to occupational health and safety. For decades, AG PCS Switchgear has recognised that delivering excellence across the utilities and industrial sectors requires a commitment to the workforce that drives it. To that end, we remain committed to supporting our teams’ remarkable performance through ensuring a healthy and safe working environment. Undoubtedly, the ‘pursuit of better’ is deeply embedded in our organisational DNA."

**Mike Robinson, CEO British Safety Council, said:** “The award of a five-star grading following our occupational best practice Health and Safety Audit is an outstanding achievement and is reflective of a proactive organisation which is committed to continual improvement in its health and safety arrangements and managing risks to workers’ health, safety and wellbeing. AG PCS Switchgear should be very proud of this achievement.”

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AG PCS Switchgear achieves five-star grading in British Safety Council Occupational Health and Safety Audit

**Dubai, UAE, 31 August 2023:**

EXEED Motors, a renowned luxury vehicle brand represented by AG Auto in the UAE under Al Ghurair, has entered the country's automotive sector with the launch of the highly anticipated EXEED RX model. The launch took place on August 30, 2023, at the Armani Ballroom in Burj Khalifa, Dubai. With a reputation for elegant design and reliable performance, EXEED Motors aims to redefine the luxury automotive segment in the region with the EXEED RX.

The launch event introduced the RX model along with EXEED's other premium vehicles, including the VX, TXL, and LX car models. This diverse lineup underscores the brand's commitment to innovation and quality. The RX model, in particular, sets new standards in the luxury vehicle segment by offering a blend of performance and finesse.

The new EXEED RX stands as a testament to automotive perfection, showcasing the brand's dedication to excellence. Its captivating design features a borderless middle grille and X-shaped star track daytime running lights. The distinctive LED light arrangement forms the Greek letter 'Σ', complemented by an intelligent light system that synchronises with the vehicle's music. A star-ring projection design further marries technology and elegance.

The RX model boasts impressive handling and comfort, thanks to its well-proportioned suspension structures, 20-inch wheels with minimal wind resistance, and thoughtful design elements like the spoiler inspired by Warcraft tails. This design philosophy perfectly aligns with EXEED's 'Born for More' slogan, showcasing both aesthetics and cutting-edge features.

**Michael Montgomery, CEO - Ventures at Al Ghurair** stated: “The EXEED RX redefines luxury vehicles, highlighting our commitment to excellence. Collaboration with top European designers, engineers, and suppliers has allowed us to set a new benchmark for engineering and innovation."

He added, "Every detail of the EXEED RX is meticulously designed to offer an unparalleled driving experience. Our partnerships with industry leaders like Intel, Bosch, and Magna further ensure the implementation of cutting-edge technologies that enhance the driving experience. We look forward to delivering exceptional value to the UAE market and meeting the demands of luxury vehicle enthusiasts."

**Mohammed Maktari, General Manager at AG Auto,** expressed enthusiasm for introducing EXEED's premium cars to the region. He emphasised how every EXEED model combines power, performance, and artistry, as a result of the fusion of European automotive culture and Chinese intelligent manufacturing. The launch also confirms AG Auto's dedication to craftsmanship and attention to detail, in line with its goal of providing customers with unparalleled driving experiences.

The UAE's super luxury vehicle segment is flourishing due to factors like an increasing number of ultra-high-net-worth individuals, robust economy, top-tier infrastructure, lenient car ownership regulations, and a focus on luxury and tourism. These factors have allowed Chinese luxury cars to gain traction in the market.

The launch of EXEED RX marks a significant milestone for the company, reaffirming the brand’s commitment to setting new standards in the luxury automobile industry. EXEED Motors will therefore remain at the forefront of pushing boundaries and elevating luxury driving experiences for customers.


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EXEED Motors Makes Grand Entry into the Region with Launch of New RX Model

**Dubai, UAE, 24 July 2023:**

•	Al Ghurair marks EXEED Automobile’s UAE debut with first a kind “pop-up” showroom concept.

Al Ghurair, one of the largest diversified family business groups in the UAE, today announced the launch of the Emirates’ first of a kind “pop-up” automotive showroom concept to mark the highly anticipated debut of Chinese automobile manufacturer, Exeed Automobile Company’s (EXEED), premium range of sports utility vehicles (SUVs) in the country.

A state-of-the-art showroom at the heart of the iconic Al Ghurair Centre, the pop-up transcends traditional automotive in-mall pop-ups introducing a concept befitting of Dubai, the “City of Firsts”, and Al Ghurair legacy as a pioneer and innovator. Beyond amplifying consumer choice in the premium SUV segment, EXEED’s debut is testament to Al Ghurair relentlessness in introducing new brands and technologies to the local market as well as their long-standing commitment to enhancing customer experience.

Commenting on the launch, **John Iossifidis, Group CEO, Al Ghurair** said: “We are delighted to commemorate EXEED’s debut with our new pop-up showroom concept. Through this launch, we are proud to continue the pioneering legacy of Al Ghurair, bringing forth brands whose passion for innovation and discovery align with our own. Our customers remain at the heart of all we do, and it brings me great pleasure to reveal EXEED in this manner - for what we hope stands out as a memorable experience. As we accelerate our pursuit of better, we do so with a future-focused mindset and an innate understanding of the evolving needs of our customers, after all they were born for more.”

Through the unique showroom, Al Ghurair offers visitors the chance to view the vehicles, book a test drive, and purchase their vehicle of choice from a selection of three models including the LX, VX, and TX.

**Mohammed Maktari, General Manager, Al Ghurair Auto,** said: “This launch has been highly anticipated, and we are pleased with the successful opening of this unique showroom and its alignment with EXEED as a premium brand. Our commitment goes beyond bringing luxury innovative products to the local market; as the automotive industry evolves, it is vital that we explore not only emerging technologies but also introducing said products through immersive experiences that elevate customer journeys.”

In March 2023, Al Ghurair announced a strategic partnership with Chinese automobile manufacturer, Exceed Automobile Company (EXEED), to debut their premium range of sports utility vehicles (SUVs) across the United Arab Emirates. The partnership aims to accelerate Al Ghurair pursuit of sustainable excellence, driven by innovation and technology.

Following its presence across the GCC in Saudi Arabia, Qatar and Kuwait, EXEED, with Al Ghurair as the exclusive distributor, is expected to open its first showroom in the UAE in 2023 with prime positioning on Etihad Road, with further opportunities being explored in Abu Dhabi, as well as plans for an additional showroom in Dubai in the pipeline.

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Al Ghurair launches unique pop-up showroom concept for EXEED UAE debut 

**Dubai, UAE, 12 June 2023:**

•  The award recognises AG Engineering's commitment to ensuring uninterrupted operations and delivering exceptional services across its diversified client portfolio. 

AG Engineering, a leading provider of innovative engineering solutions in the UAE, has been honoured with the Business Continuity Management Award from e&. The award recognises AG Engineering's staunch commitment to ensuring uninterrupted operations and delivering exceptional services to its clients. 

Business Continuity Management (BCM) is a vital component of sound business management, encompassing the development of strategies and frameworks that ensure a business’ ability to sustain critical functions and services in the event of disruption, disaster, and adversity. 

To be considered for the prestigious award, AG Engineering underwent a rigorous evaluation process, including a comprehensive questionnaire and a thorough review of supporting documents and evidence. The company's consistent dedication to upholding international standards, exemplified by its ISO 22301:2019 certification since 2018, demonstrates its implementation of robust measures and protocols for business continuity management.

Commenting on the achievement, **Jacob John, Chief Executive Officer, AG Engineering, said:** "We are delighted to receive this esteemed recognition from e&, a global leader in the technology and investment sector. This award underscores our unwavering commitment to delivering uninterrupted services for our clients, even in the face of challenges, along with the resilience of our people and the stability of our service delivery framework. It also serves as a testament to the exceptional dedication of our team at AG Engineering to always put our customers first, and to continuously strive to deliver a ‘better’ service experience, every day in line with our corporate ethos.”  

AG Engineering has been closely associated with e& on various construction projects over the past four decades. Recently, the company received the 'Best Project Delivery' accolade from e& for its outstanding work on the Jebel Ali Data Centre. The completion of the 26,000 sqm Jebel Ali campus, featuring a 4,000 sqm white space, showcases AG Engineering's expertise in delivering the most sophisticated facility of its kind in the UAE.

As a recipient of the Business Continuity Management Award, AG Engineering remains focused on continuous improvement to meet the evolving needs of its clients and foster their utmost confidence in the partnership. AG Engineering operates within the construction and services division of Al Ghurair, which is one of the largest diversified family business groups in the UAE.

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AG Engineering Receives Prestigious Business Continuity Management Award from e&

**Dubai, 05 June 2023:**

•	Sprawled across 40,000Sq ft, GLITCH will revolutionise family entertainment in the emirate with more than 30 interactive attractions, including ninja warrior courses, climbing walls, a VR arcade, and bowling.

•	Owned and operated by Al Ghurair Properties, GLITCH is ready to take entertainment to new heights with Dubai’s only indoor roller glider, which allows visitors to zip around the ceiling from 10-metres in the air.

Dubai, UAE: Looking for an exciting new way to spend your free time? Look no further than the region's latest entertainment destination! Get ready to experience the ultimate thrill at GLITCH, Dubai’s newest – and one of the largest – family-focused entertainment centre, set to swing open its doors on June 19 at the Al Ghurair Centre in Deira. With more than 30 interactive attractions designed for children, teens, and the young at heart, GLITCH promises non-stop excitement and endless fun for all the family.

Owned and operated by Al Ghurair Properties (AGP), the complex is spread across 40,000Sq ft on Level Two of the Al Ghurair Centre. The region’s hottest new entertainment facility offers a host of activities, including Newton's Wall, an ultimate climbing challenge that dares thrill seekers to test not only their physical but also their mental strength, as well as their ability to defy gravity. Wannabe ninjas can level up at Kazu by tackling multiple warrior courses that test strength and agility, while SkySurf, Dubai’s only indoor roller glider, allows visitors to get their adrenaline pumping as they zip around the ceiling, 10-metres high, embodying the feeling of flying.

And that's not all. GLITCH also offers a gaming haven hidden within its walls. GamePort Arcade caters to all age groups, with old-school nostalgia-inducing video games alongside the newest Virtual Reality (VR) experiences, the arcade boasts a rare range that guarantees hours of entertainment. GLITCH is also home to BeastBowl, an eight-lane bowling centre fitted with state-of-the-art automated scoring from Brunswick. So, rally the troops and rack up those monstrous strikes and spares!

Bert Grogor, Vice President of Leisure and Entertainment at GLITCH, said: “GLITCH was not created to be just another theme park, land, or zone. We set out to create a unique, immersive experience that allows visitors to express their ‘extra’, let their hair down, and enjoy a day of non-stop fun and excitement. Our focus on adventure, active entertainment, and cutting-edge attractions is what sets us apart, and we're delighted to offer something truly different for families looking to create unforgettable memories together."

GLITCH also offers a region’s first: Pandora’s Peak, an ultimate challenge dedicated to fearless children as young as four. The youngsters can clamber their way from level to level, through cotton candy clouds until they reach the top. Meanwhile, Loop-de-Loop takes children on a rousing journey of twists and turns before they zoom down a 10-metre-high platform.

“The modern mall has transformed from being mere shopping destinations to being dynamic entertainment hubs and socialising spaces,” added Anwar Atari, CEO, Al Ghurair Properties - Residential & Commercial. “We are committed to staying ahead of the curve by moving away from the traditional approach to presenting new offerings to customers. We custom design our venues and attractions to be different, to meet the changing needs of new generations, and to exceed the expectations of our customers.”

Fantastically fun, GLITCH also promises a host of snack options, including popcorn, slushies, sweets, and more. Starting 19th June, GLITCH will be open Sunday to Thursday from 10am-10pm and Friday and Saturday 10am to 12am. For ticket prices and further information, follow GLITCH on social media @glitcharabia or visit [www.glitcharabia.com](https://glitcharabia.com). Get ready to dive into the GLITCH universe at Al Ghurair Centre and #UnleashTheExtraInYou. 


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Glitch, Dubai's newest active entertainment complex, set to swing open its doors at Al Ghurair Centre

**Dubai, UAE  22 May 2023:**

•	AG Engineering has been recognised with the prestigious Sheikh Khalifa Excellence Award in the Silver Category.

•	AG PCS Switchgear has been recognised with the prestigious Sheikh Khalifa Excellence Award in the Silver Category.

AG Engineering and AG PCS Switchgear, under the Construction and Services sector of Al Ghurair, one of the leading diversified UAE family businesses, have been awarded the prestigious Sheikh Khalifa Excellence Awards (SKEA) by the Abu Dhabi Chamber of Commerce and Industry (ADCCI) for their outstanding performance in their respective industries. His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, the Crown Prince of Abu Dhabi, bestowed the award on the winners at an esteemed awards ceremony held at Emirates Palace, Abu Dhabi, on the 04th of May 2023. 

Launched in 1999 by the Abu Dhabi Chamber of Commerce and Industry, the Sheikh Khalifa Excellence Awards are presented annually to organisations that have demonstrated exceptional performance consistently over the years, achieving outstanding results across numerous areas of business, industry and society. The prestigious Sheikh Khalifa Excellence Awards serve as a blueprint, a roadmap and a methodology for continual improvement aimed at enhancing the competitiveness of the business sector in UAE and across the region as a whole. 

Committed to raising business excellence benchmarks across the sector, AG Engineering received the SKEA in the Silver Category, followed by AG PCS Switchgear who was also awarded the SKEA in the Silver Category. The awards highlight the unwavering commitment and tireless dedication exhibited by the AG Engineering and PCS Switchgear teams in upholding the highest standards of business excellence in their operations.

Commenting on the awards, **Jacob John, Chief Executive Officer, AG Engineering and AG PCS Switchgear, said:** “At AG Engineering and AG PCS Switchgear, delivering excellence has always been an integral part of our business model and customer promise. For decades, we have been dedicated to developing innovative solutions that meet the highest quality standards for our customers across each of the sectors we touch. 

We are truly honoured to receive these prestigious awards and to be recognised by the Abu Dhabi Chamber of Commerce and Industry for our performance and high benchmark standards. This is a testament to our enduring commitment to lead with vision, inspiration, and integrity, in line with our Purpose.”

**He added:** “This continues to be just the beginning of our journey; we look forward to making even greater contributions to the industry in the future as we continue striving for excellence and enhancing life every day.”

**Sultan Al Ghurair, CEO, Al Ghurair Properties, Innovation and Growth,** who attended the awarding ceremony as part of the Al Ghurair delegation, commented: “These accomplishments are a testament to the diligence and dedication of the AG Engineering and PCS Switchgear teams who continually put pride and passion into all they do. Their outstanding achievements serve as a source of inspiration to all those who value excellence, innovation, and collaboration across Al Ghurair.”

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Al Ghurair Companies Receive Prestigious Sheikh Khalifa Excellence Awards

**Abu Dhabi, UAE  19 May 2023:**

Abu Dhabi Global Market Academy (ADGMA), the knowledge arm of the international financial centre in Abu Dhabi and Al Ghurair, one of the largest diversified family business groups in the Middle East, are pleased to announce a strategic collaboration aimed at supporting talent through four strategic pillars which include; training programs for an effective and high-skilled workforce, National Development Programs to support in retention of local talent, upskilling existing and new Emirati talent through the Financial Job Centre, and collaborate on new programs for continuous learning within Al Ghurair. 

The primary objective of the Memorandum of Understanding (MOU), signed between ADGM Academy and Al Ghurair earlier today, and witnessed by the Human Resources Authority (HRA), is to establish an educational centre of excellence that will focus on nurturing talent, empowering individuals, and creating sustainable long-term careers within the private sector, hence building a strategic partnership that marks a significant milestone in fostering educational excellence and promoting career opportunities within critical job roles.

The collaboration between ADGM Academy and Al Ghurair will encompass key areas of cooperation, including, forming a dedicated working group to drive the partnership's initiatives and ensuring efficient execution of the identified tasks within the specified timelines. Additionally, both organizations will collaborate to promote continuous learning by launching new programs and courses tailored to the identified skill sets and competencies required by Al Ghurair, fostering a culture of continuous learning. In line with this, the partnership will launch National Development Programs aimed at supporting the onboarding, development, and retention of Emirati talent within critical job families of Al Ghurair. Moreover, ADGM Academy will develop targeted training programs to meet the skill requirements of a highly effective workforce, addressing emerging trends and technologies. 

**Mansoor Jaffar,** CEO ADGM Academy & Research Centre said, "At ADGM Academy, we believe in the importance of upskilling local talent and fostering national development through strategic partnerships. We are pleased to collaborate with Al Ghurair to develop and empower the next generation of professionals, equipping them with the skills needed to succeed in the fast-changing digital landscape. ADGMA is dedicated to addressing the evolving market demands in the UAE by prioritizing the availability of long-term career opportunities within the private sector for Emiratis. This commitment is exemplified through initiatives such as the Financial Job Centre which aim to employ and upskill Emirati talent to support their career ambitions.”

Debra Teles, Chief People & Culture Officer, Al Ghurair commented: "We are thrilled to partner with ADGM Academy in this strategic collaboration. By joining forces, we aim to empower the UAE's next generation of talent by providing them with the necessary skills and opportunities to thrive in the fast-changing landscape, driven and reshaped by technology. Our commitment to nurturing talent is unwavering, at Al Ghurair, we have built an integrated talent strategy that focuses on developing talent and continuously aligning skills to future business requirements of our future organisation. Through promoting continuous learning and ensuring local talent is adequately up-skilled we are able to create sustainable careers within the private sector aligning perfectly with the nation's vision.” 

By joining forces, ADGM Academy and Al Ghurair seek to create a thriving educational ecosystem, providing individuals with the necessary tools and knowledge to excel in their chosen fields and contribute to the growth of the UAE’s knowledge-based economy.

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ADGM Academy and Al Ghurair Forge Strategic Partnership to Empower UAE’s Next Generation of Talent

**Dubai, 19 May 2023:**

AG Facilities Solutions (AGFS), a leading facilities management company under the Construction and Services sector of Al Ghurair, one of the leading diversified UAE family businesses, is proud to announce that it has been selected as the winner of the prestigious Sheikh Khalifa Excellence Award (SKEA) for 2023 (20th Cycle) in Silver Category – Professional Sectors, as elected by the Higher Committee of the Award.

This respected award recognises AGFS’ unwavering commitment to excellence in its industry, as well as its ongoing efforts to be a pioneer for progress, and for the ‘pursuit of better’, every day. The company's purpose-driven approach, which focuses on enhancing life and empowering facilities, has been a driving force behind its success.

**Tarek Nizameddin, CEO, AGFS,** expressed his pride and gratitude for the company's achievement; "We are extremely honoured to receive this award, and we would like to thank the Higher Committee of the Sheikh Khalifa Excellence Award for recognising our excellence-centric approach. As part of Al Ghurair, we are committed to providing the highest quality services to our clients, and we believe that this award is a testament to our efforts, and an important milestone in our journey to ‘be better’."

Nizameddin also emphasised the company's ongoing commitment to excellence and its vision to be pioneers in the facilities management industry. "This award is a reflection of our company's dedication to providing the best possible services to our clients. We will continue to strive for excellence in all that we do, as well as continue to deliver on our promise to be a resilient, modern and conscious organisation."

The Sheikh Khalifa Excellence Award (SKEA) was launched by the Abu Dhabi Chamber of Commerce & Industry (ADCCI) in 1999 as a blueprint, roadmap, and methodology for continuous improvement, aimed at enhancing the competitiveness of the Business Sector in Abu Dhabi and the UAE.

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AG Facilities Solutions (AGFS) announced as Winner of Sheikh Khalifa Excellence Award

**26 April 2023, Dubai, UAE**

●	Al Ghurair Foods to invest over AED1 billion in KEZAD through three clusters
●	Al Ghurair Foods to establish region’s first Starch Processing Plant and one of the region’s largest Broiler projects in capacity

Khalifa Economic Zones Abu Dhabi - KEZAD Group, a wholly-owned subsidiary of AD Ports Group (ADX: ADPORTS) and Al Ghurair Foods, a world-leading manufacturer and supplier of high-quality food and part of Al Ghurair, one of the largest diversified family business groups in the UAE, today announced the signing of 50-year land lease agreements for three mega food processing projects involving investments of over AED 1 billion. 

The signing ceremony was held at KEZAD’s headquarters in Abu Dhabi in the presence of Abdullah Al Hameli, CEO Economic Cities & Free Zones, AD Ports Group, Mohamed Al Khadar Al Ahmed, CEO, Khalifa Economic Zones Abu Dhabi – KEZAD Group, and a delegation from Al Ghurair comprising Ibrahim Al Ghurair, Non-Executive Board Director, John Iossifidis, Group Chief Executive Officer, and Djamal Djhouri, Chief Executive Officer, Al Ghurair Foods.

The agreement will mark the first phase of Al Ghurair Foods division’s investments in KEZAD. The first two projects are set to establish the region’s first of its kind Starch Processing Plant, in addition to one of the top Broiler producers in the UAE, in terms of capacity, implementing the highest standards of food safety in line with International Biosecurity standards, in a boost for local and regional food security. 

The third project, details of which are set to be announced later this year, will see the division’s involvement in the debut of Abu Dhabi Food Hub – KEZAD, which will form an all-new supply market for the UAE. 

The projects are set to drive the UAE’s food production capabilities and enhance the Emirates’ position as a regional hub driven by innovation and technology.

**Abdullah Al Hameli, CEO Economic Cities & Free Zones, AD Ports Group, said:** “As front runners in the UAE’s efforts in Food Security, we are delighted to welcome Al Ghurair Foods to KEZAD and the Abu Dhabi Food Hub as we continue to build the largest integrated ecosystem for trading of all food commodities in the region. We are confident that this agreement will drive the nation’s food security agenda and further enable KEZAD’s aim of improving domestic food supply and enhancing the nation’s capacity to respond to future challenges.”

**Mohamed Al Khadar Al Ahmed, CEO Khalifa Economic Zones Abu Dhabi – KEZAD Group said:** “We are excited to include Al Ghurair Foods to our expanding portfolio of clients in KEZAD’s Food Ecosystem. Al Ghurair Foods’ establishment of its first-of-a-kind plants in Abu Dhabi speaks volumes of KEZAD’s leading position as a regional and global trade hub. The company’s presence will significantly strengthen the food supply chain and guarantee domestic supply as well as exports from one of the region’s fastest growing trade and industrial ecosystem.”

**Commenting on the agreement, John Iossifidis, Group CEO, Al Ghurair Investment, said:** “We are delighted to enter this agreement with KEZAD Group, reflecting Al Ghurair Investment’s commitment and drive to enhancing the Emirates’ food production capability and food security. Through this agreement, we are proud to continue the pioneering legacy of Al Ghurair, establishing future-focused projects that support the national food security agenda with a partner whose vision of a connected world, aligns with our own. As we reimagine the future, we do so with an innate understanding of the evolving needs of our customers, locally and beyond. We look forward to working with KEZAD to delivering high-quality food products across a future-focused supply chain platform, strengthening the nation’s role as a regional food hub.

The investments also mark Al Ghurair Investment’s growing footprint across the nation beyond its existing investments across the Northern Emirates and Dubai, a key milestone for the group. Beyond their economic benefit, the plants are also set to support the nation’s sustainability agenda through introducing a range of sustainable practices. 

**Ibrahim Al Ghurair, Non-Executive Board director, Al Ghurair Investment, commented:** “As part of the nation’s fabric, Al Ghurair Investment remains committed to fostering meaningful change in pursuit of a sustainable future. To create real impact at scale, we must be bold and committed. Through launching these instrumental projects, our impact will be felt across the Emirates’ and beyond as we continue to redefine the benchmark for family business groups in the region.”

With automation and sustainability at the centre, the projects will be a significant boost to the nation’s food security agenda, producing key ingredients for the food industry including enhanced protein production and reduced reliance on imported goods. Furthermore, the projects will see Al Ghurair Foods partner with local farmers to create sustainable business models in support of the overall ecosystem.

**Djamal Djouhri, CEO, Al Ghurair Foods division, commented:** “This agreement reinforces our commitment to enhancing domestic food supply, with a strong emphasis on adopting sustainable practices for improved food safety. As we accelerate our pursuit of better, we will continue to invest in producing a range of nutritious, healthy and sustainable food products of the highest standard whilst remaining dedicated to supporting the local ecosystem and communities in which we operate.”


KEZAD Group, Al Ghurair Foods Sign Lease Agreements for over AED 1 Billion Mega Projects Across 1 Million sqm to Boost Nation’s Food Security Agenda.jpg

KEZAD Group, Al Ghurair Foods Sign Lease Agreements for over AED 1 Billion Mega Projects Across 1 Million sqm to Boost Nation’s Food Security Agenda

**26 April 2023, Dubai, UAE**

- Embracing latest automotive technology and sleek design, EXLANTIX is targeted at the premium market segment.

On 18 April 2023, Al Ghurair attended the launch event of EXLANTIX, the latest high-end battery electric vehicle range from EXEED, a premium SUV brand under Chinese automobile manufacturer Chery Automobile, at Auto Shanghai 2023. The all-new product debut showcased EXEED’s commitment to innovation, technology, and evolving consumer demands, and provided insights into the exciting possibilities that lie ahead for the UAE’s automotive market.

EXLANTIX, which is targeted at the premium market segment, features the latest automotive technology and sleek design. The range includes two new models: a battery electric sedan and a battery electric SUV, with Qin Chao, General Manager, EXEED stating, "EXLANTIX is born, empowered by all- new technology, for premium automotive customers." With a long endurance mileage of over 700km, EXLANTIX aims to provide global high-end users with a better quality and more comfortable driving experience.

![michael-montgomery.jpg](https://ag-prod-bucket.s3.me-south-1.amazonaws.com/michael_montgomery_2c4cbd29a1.jpg)

Michael Montgomery, CEO - Ventures Group, Al Ghurair, and Ketan Shetty, Vice President - Marketing, AG Auto, attended the launch event following the recent announcement of AG Auto’s strategic partnership with EXEED. Anticipating the debut of the new electric vehicles, Al Ghurair presence at the Exhibition highlights the company's ongoing efforts to prioritise sustainability and support the UAE's Net Zero target.

"EXEED's commitment to staying ahead of the curve in the global automotive industry is commendable," said Michael Montgomery. "I am delighted to see their new line of battery electric vehicles that align with our own efforts to meet the evolving needs of our customers while advancing our shared goals for a greener future."

At the launch, Qin Chao, General Manager, EXEED, discussed the three supporting reasons for launching EXLANTIX. First, with the changing of users' vehicle purchasing concept, the share of new energy in the luxury automobile market is gradually increasing. Second, with the electrification transformation of the whole automobile industry, every emerging automobile company has the opportunity to redefine itself and reshape the pattern of the premium automobile market. Finally, EXLANTIX is empowered by all-new technology and designed for premium automotive customers.

![michael-montgomery1.jpg](https://ag-prod-bucket.s3.me-south-1.amazonaws.com/michael_montgomery1_c2d20716c8.jpg)

Over recent years, EXEED has gained experience in serving high-end users across Eastern Europe, the Middle East and South America, applying learnings to build a competitive edge in the new energy automobile market. Based on Chery Automobile's more than 20 years of technological accumulation, the high-end battery electric range EXLANTIX is equipped with the latest technology to achieve long endurance mileage, along with a sleek design for a more comfortable driving experience.

As the partnership between Al Ghurair and EXEED continues to progress, both companies remain committed to delivering exceptional quality products and elevating the customer experience. This partnership also presents an exciting opportunity for prospective customers in the UAE to embrace electric mobility and align with the growing trend of conscious consumerism.



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Al Ghurair Anticipates New Electric Vehicle Models for UAE Market Following EXEED’s Launch of EXLANTIX at Auto Shanghai 2023

**04 April 2023, Dubai, UAE**

Congratulations to AG Power, a renowned company specialising in high-voltage substations under our Construction and Services sector, for earning the title of ‘Winners’ in the Partners in Responsibilities category for the 2022 Al Ain Distribution Company (AADC) HSE Award for Contractors and Consultants.

For two years in a row, AG Power has been acknowledged by AADC as the top contractor in Health, Safety and Environment among AADC contractors. AG Power's Mezyad and Dhaher AADC project sites were monitored for HSE performance throughout the year. The business consistently upheld outstanding safety practices and standards, promoting a culture of a safe working environment that is considered to be the best in its class.

K. Jacob John, Chief Executive Officer, Engineering cluster comments: “At AG Power, we take pride in fostering a safety culture that empowers our workforce to maintain the highest quality standards, which has established us as a leader in the industry of HSE. We extend our gratitude to all AG Power teams for their dedication to promoting a culture where HSE is everyone's responsibility and an integral part of our company's philosophy. Well done!”

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AG Power wins at the AADC Awards

**03 April 2023, Dubai, UAE**

•	AG Engineering awarded Dubai Quality Award 2023, Construction sector, for overall performance.

•	The DQA award is AG Engineering’s second by Dubai’s Department of Economy and Tourism.

**Al Ghurair Engineering** (AGE), part of the construction and services sector of Al Ghurair, one of the largest diversified family business groups in the UAE, has been awarded the **Dubai Quality Award 2023** in the Construction category by Dubai’s Department of Economy and Tourism (DET) in recognition of its exceptional performance. 

The Dubai Quality Award (DQA) is based on the Excellence Model used by the European Foundation for Quality Management (EFQM) and serves as a holistic framework for organisational excellence. In the UAE, the award is considered a quality benchmark spanning across the Emirates’ sectors, recognising organisations who continue to adopt a policy of excellence, deliver a best-in-class service standard and who are committed to driving performance excellence.

Committed to raising quality benchmarks across the sector, AG Engineering received the DQA in recognition of its progressive approach to developing innovative engineering solutions driven by its relentless pursuit of excellence. The award is a significant milestone for AG Engineering as it reinforces its position as a leading engineering and construction company in the UAE and is organisation’s second, following its recognition in 2020.

Built upon the transformative EFQM Model for Business Excellence, AG Engineering puts commitment to performance and innovation at its very core. This ethos has led to a number of international accreditations in quality and health and safety, including the Shaik Khalifa Excellence Award (SKEA) - Silver Category and the prestigious Five Star rating from British Safety Council for Health & Safety.

Commenting on the achievement, **Jacob John, Chief Executive Officer, AG Engineering, said:** “We are honoured to receive the Dubai Quality Award in recognition of our performance across the sector for the second time over the past five years. This achievement is testament to the values, principles and vision of our organisation and its commitment to organisational excellence. We are proud of our team’s hard work and tireless dedication towards ensuring top quality continues to describe our organisation.”

**He added:** “This continues to be just the beginning of our journey; we are excited to continue striving for excellence and enhancing life, every day.”


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Dubai’s Department of Economy & Tourism Recognises AG Engineering for Exemplary Performance

**31 March 2023, Dubai, UAE**

As part of our month-long International Women’s Day celebrations, we invited special guest, Emma Davies MCIPD, Chief Culture and People Excellence Officer at Masafi, to host a virtual motivational talk for our people across the business - in-line with our Group-wide campaign theme, ‘Women Forging Change in Pursuit of Better’.

Emma shared her journey of personal growth, detailing how she has embraced change to pursue a better life. Drawing from her own experiences, Emma revealed goal setting tools and daily actions that have helped her become a better version of herself and drive tangible changes within business settings, while sharing actionable steps that we can all take towards making a meaningful impact and driving change through diversity, equity and inclusion.

Thank you Emma, for the motivational talk, and for sharing your testimonial with our people in honour of women forging change in pursuit of better!

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Thanking Emma Davies

**18 March 2023, Dubai, UAE**

•  UAE has charted an ambitious plan of action to make these intensely vital projects click

Once recognised as an emerging theme, ‘food security’ has become a central one, globally. The global food crisis has worsened following a rise in food trade restrictions driven by countries’ ambitions to increase local supply and reduce prices.

With more than 200 million people worldwide at risk of facing acute food insecurity, the World Bank, along with Group of Seven (G7) nations, have ramped up commitments to finance projects. Based on a framework of four key themes, the projects set out to boost food and nutrition security and strengthen food systems, in addition to reducing risks surrounding them.

**Zero hunger**

Whilst the Bank’s commitments through the past year exceeded $12 billion, pressures surrounding global trade routes and rampant inflation - alongside worsening climate change - have begged the questions: are these efforts sustainable. And are there alternatives?

In the UAE, the National Food Security Strategy 2051 is making strides with the nation targeting ‘zero hunger’, aiming to implement resilient agricultural practices that are efficient and sustainable. In fact, the Emirates has ranked first in the MENA region on the Global Food Security Index (GFSI) 2022, with aspirations to top the list globally by 2051.

Sustainability, an emerging theme and in the Emirates, is a key element of the national agenda. As the nation embarks on its journey to be a regional hub for food production, food trade and agritech and food science technology, it is vital that sustainability and ESG, in its broader context, be a key consideration in benchmarking for efficiency and quality.

**Making investments count**

The UAE has accelerated the recovery of its food trade post pandemic quite rapidly, achieving a growth of more than 20 per cent from the previous year. However, whilst the many food and agricultural trade agreements signed by the nation will play an instrumental role in achieving its goals, it is expected that the overarching theme that will carry the nation - and subsequently the world - towards food security are the advancements in agritech and foodtech.

In 2021, the UAE secured $50 billion, or 1.1 percent of the global capital invested in agritech, with 66 per cent of investments came from UAE-based investors. Therefore, the nation, alongside its more than 60 agritech companies and their integration of sustainability into their businesses, is capable of creating real impact.

With the world increasing its commitment towards sustainability, coupled with agritech growth, a heralded solution to building a long-term sustainable and resilient food and agricultural system is alternative proteins. The benefits of alternative proteins can assist nations in achieving sustainability targets, including carbon emissions and mitigating concerns over ethics and environmental consequences of intensive animal feeding, whilst also providing a significant boost to nutrition and local production.

**Alt-proteins**

In fact, the global alternative protein market reached $60 billion in 2021 with forecasts pointing towards a staggering 18.5 percent compound annual growth rate between 2022-28 to reach close to $200 billion by 2028. Whilst demand is driven by various factors, including the rising significance of protein rich diets and healthy products, its success remains dependent on global legislation and industry practices.

As the UAE drives further change by supporting its 10 plus ag-tech accelerators, it is the role of well-established industry leaders locally to support the successful growth of upcoming firms on their journey of developing quality food products. And raise the necessary awareness amongst consumers in the combined efforts to addressing food scarcity.

Read the original article in Gulf News here: [https://gulfnews.com/business/analysis/uae-is-putting-in-building-blocks-towards-its-food-security-program-1.94557773](https://gulfnews.com/business/analysis/uae-is-putting-in-building-blocks-towards-its-food-security-program-1.94557773)



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Gulf News: UAE bolstering food security programme

**16 March 2023, Dubai, UAE**

•	The partnership will mark EXEED’s first entry into the UAE’s automobile market with Al Ghurair Auto as the exclusive distributor;

•	Al Ghurair is set to introduce a range of premium SUV vehicles across the UAE.

Al Ghurair, one of the largest diversified family business groups in the UAE, today announced a strategic partnership with Chinese automobile manufacturer, Exceed Automobile Company (EXEED), to debut their premium range of sports utility vehicles (SUVs) across the United Arab Emirates. The partnership aims to accelerate Al Ghurair pursuit of sustainable excellence, driven by innovation and technology.

The signing ceremony was held at EXEED’s headquarters in Wuhu, China on March 15th in the presence of a delegation from Al Ghurair comprising Ibrahim Al Ghurair, Non-Executive Board Director, John Iossifidis, Group Chief Executive Officer, and Mohammed Maktari, General Manager, Al Ghurair Auto (AG Auto), and, from Exceed Automobile, Mr. Qin, Vice President, EXEED International, Mr. Shen, General Manager, EXEED - Middle East and Egypt Region , Mr. Zhou, Director, EXEED - New Market Development, and Mr. Dai, Country Director, EXEED UAE.

The partnership will mark EXEED’s launch across the UAE, introducing a new premium brand that combines centuries-old traditions of European automotive culture with the latest intelligent manufacturing technologies that China is renowned for today. A premium Chinese brand, proud to have been the republic’s first premium car brand to have been ‘built from scratch’, EXEED brings forth a fusion of ‘fashion and technology’ across a line of high-performance and fuel-efficient SUVs. Over the course of the partnership, Al Ghurair will also introduce key EXEED technologies including a range of hybrid vehicles in 2024 to be followed by electric vehicles.

**Commenting on the partnership, John Iossifidis, Group CEO, Al Ghurair** said: “We are delighted to enter this new partnership with EXEED, a high-tech premium automobile manufacturer, as we continue to drive innovation across the Emirates. Through this agreement, we are proud to continue the pioneering legacy of Al Ghurair, partnering with a brand whose passion for innovation and discovery aligns with our own. As we accelerate our pursuit of better, we do so with a future-focused mindset and an innate understanding of the evolving needs of our customers. We look forward to working with EXEED to deliver cutting-edge vehicles and services that will uplift the UAE’s mobility market.” 

EXEED’s debut across the UAE is set to amplify consumer choice in the premium SUV segment, with sleek design and superior performance expected to appeal to car owners of all ages. Further, future plans to include hybrid and electric vehicles are well aligned to the UAE’s Net Zero strategic agenda, as well as growing consumer awareness and adoption of sustainable practices in the region.

**Ibrahim Al Ghurair, Non-Executive Board Director, Al Ghurair** commented: “As a part of the nation’s fabric, Al Ghurair remains committed to fostering meaningful positive change in pursuit of a sustainable future. To continue to grow, we must adapt and embrace the new technologies available to us. Through debuting this range of innovative hybrid and electric vehicles, we benefit both, the nation and customers, as we continue to redefine the benchmark for family business groups in the region.”

Following its presence across the GCC in Saudi Arabia, Qatar and Kuwait, EXEED, with Al Ghurair as the exclusive distributor, is expected to open its first showroom in the UAE in June 2023 with prime positioning on Etihad Road, with further opportunities being explored in Abu Dhabi, as well as plans for an additional showroom in Dubai in the pipeline.

**Commenting on the partnership, Mohammed Maktari, General Manager, Al Ghurair Auto,** said: “This partnership is testament to our commitment to bringing luxury innovative products to the local market and our deep insight and understanding of evolving consumer preferences. With the automotive industry constantly evolving, it is vital that explore new emerging technologies and we look ahead at welcoming the first range of EXEED’s first-class design and leading technology premium SUVs across the UAE.”

**Mr. Qin, Vice President, EXEED International,** said: “We are honoured to be partnering with Al Ghurair across the UAE as we continue to expand our footprint in the region as part of our “Greater Middle East” strategy. The automotive industry is advancing at an unprecedented rate driven by changing consumer preferences and a global call for sustainability, this partnership will enable Al Ghurair in its journey to becoming a leader and innovator across the UAE’s automotive sector and further the group’s commitment to innovation and sustainability.”

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Al Ghurair partners with EXEED for highly anticipated UAE debut 

**16 March 2023, Dubai, UAE**

The Face Shop, a leading Korean beauty and skincare brand, has been awarded the **Best Service Performance** branch for its Al Wahda branch, as part of the Dubai Service Excellence Scheme Award.

The Dubai Service Excellence Scheme (DSES) is an initiative of the Dubai government's Department of Economic Development (DED) that aims to promote excellence in customer service across various sectors in the city. The DSES recognises companies and organisations that have demonstrated exceptional service standards and customer satisfaction.

The Face Shop Al Wahda store was selected for the award based on its outstanding commitment to delivering exceptional customer service, maintaining high service standards and going above and beyond to ensure that customers receive a positive and memorable experience each time they visit.

"We are delighted to receive this recognition from the DSES Awards. This award is a testament to the hard work and dedication of our team to provide exceptional service to our customers," said **Anuradha Dhawan, Executive Vice President, Al Ghurair Retail.** "We strive to provide our customers with the best shopping experience, and this award inspires us to continue to improve our services and exceed our customers' expectations."

"We would like to express our gratitude to our customers for their continued trust and loyalty. We remain committed to providing the best possible service and product offerings to our valued customers," added Ms. Dhawan.

The Face Shop is a leading Korean beauty brand that offers a range of skincare and beauty products made from natural ingredients. 

The Face Shop Al Wahda is dedicated to assist customers with their queries and provide personalised recommendations based on their individual needs.

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The Face Shop - Al Wahda Awarded Best Service Performance branch at Dubai Service Excellence Scheme Awards

**12 March 2023, Dubai, UAE**

The growing stature of Dubai as a tourist destination is redefining developers’ strategies

The UAE’s real estate market remains a subject of keen interest to investors, owing to its continuously ambitious expansion and advancement.

Over recent years, the sector has garnered global attention, leading Henley & Partners’ new global real estate index in 2022 accounting for factors including investment attractiveness and quality of life.

In Dubai, the real estate sector accounts for 8.2 per cent of the emirate’s gross domestic product (GDP).

Further growth potential is underway as Dubai’s 2040 Urban Master Plan comes to life, coupled with incoming flows of foreign direct investment (FDI) to the Emirates in 2023, a major share of a $66bn flow targeting the Middle East, North Africa and Pakistan (MENAP).

A thriving city for long-term residents and a prime investment for domestic and international investors, Dubai has also cemented itself as an inspirational global tourist destination.

Part of the wider ‘Experience Economy’, hospitality across the emirate has flourished, registering the highest hotel occupancy rate in 15 years by the end of the EXPO and booming into $29.4bn in 2022.

Driven by iconic tourist attractions including urban marvels like the tallest building in the world, mammoth aquariums, and indoor ski slopes, bustling cultural districts and reimagined lost cities, the emirate continues to make its mark in real estate development.

**Dubai’s vision**

The emirate’s vision to be the most visited city in the world by 2025, targeting over 23 million visitors per year, is set to be another ambitious milestone for the city’s hospitality sector. Developers have been quick to respond to the surge in demand across the country with investments amounting to $32bn queuing in 2023 to drive the sector and, in turn, reshape the real estate landscape.

These investments will target the addition of more than 48,000 hotel rooms across the country, around 25 per cent of current inventory, ideally positioning the Emirates to achieve its goals.	

In Dubai, developers have increasingly shifted their efforts into developing hotel rooms and vacation rentals across a diverse range of accommodation options, from budget-friendly hotels to luxurious resorts.

The hospitality industry’s impact on the emirate’s real estate can also be seen in the number of properties being developed for short-term rentals driven by new work-place policies and increasing demand for staycations and affordable luxurious private vacation rentals.

While a number of developers have pursued construction, others have refurbished existing prime location rental units, converting them to fully serviced holiday rentals.

The growing stature of Dubai as a tourist destination is redefining developers’ strategies, from focusing on hotels and vacation rentals to ensuring the new releases are fit-for-future, equipped with the latest technologies, to accommodating customer preferences and adhering to the country’s sustainability agenda.

Industry leaders have continued to develop a stronger understanding of the market’s needs as they navigate the future, accounting for evolving customer demographics and preferences, taking into consideration the various reasons that attract travellers to the emirate from leisure to business – demanding personalised experiences – while also seeking opportunities within infrastructure development to accompany the boom.

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai has repeatedly iterated the importance of the emirate’s ability to develop a compelling value proposition backed with innovative new offerings as the emirate basks in the success of the recently hosted Expo but also as it prepares to host numerous events and exhibitions including COP28 and more.

Ultimately, property investment across the emirate is attracting more interest than ever before, rapidly evolving to reflect the underlying sectors’ performances as the emirate and nation become strategic business, trade, innovation, and tourist hubs and for developers, insight, readiness and agility in execution will be paramount.



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Gulf Business: How hospitality is reshaping Dubai’s real estate landscape

**09 March 2023, Dubai, UAE**

•	Al Ghurair successfully completes Executive Development Programme in collaboration with IE Business School of Madrid;

•	Al Ghurair celebrates the graduation of 41 graduates across two tailored development programmes.

Al Ghurair, one of the largest diversified family business groups in the UAE, today announced the successful completion of its first Executive and Advanced Leadership Development Programmes. The programmes, launched by the Group’s People and Culture (P&C) division 18 months ago in a drive for enhanced Learning and Development (L&D) opportunities, mark a critical milestone in Al Ghurair ongoing group-wide cultural transformation journey, cementing its status as a recognised Top Employer.

The Executive Leadership Development Programme (ELP), conducted in collaboration with the IE Business School of Madrid, marked its completion with the graduation of the first cohort - comprising 26 candidates - in a ceremony held on March 8th. The ELP, a structured leadership development programme and tailored learning experience, focused on senior executives, offering candidates ample opportunities to interact with industry experts and engage in a variety of guided, group and individual learning activities. The programme covered key areas including Purpose-led Strategy, Leadership, Innovation, Change and Customer Centricity, in addition to other key topics aimed at creating ‘Fit for Future’ leaders, which were then applied to a business-related capstone project.

**Commenting on the programme’s completion, Debra Teles, Chief People & Culture Officer, Al Ghurair** said: “We are delighted to have partnered with IE Business School of Madrid to develop this exclusive programme for our executive community at Al Ghurair, and I am so proud of our graduates who have piloted and completed our first Executive Leadership Programme. We truly believe that investment in learning is critical to our transformation journey, as we equip our leadership community with the skills and tools to drive it and to cultivate change. By empowering our people to fulfil their potential, and realise their professional aspirations, we foster wellbeing and build a healthier, more motivated and success-driven organisation – aligning with our accredited Top employer status.”

**Commenting on the collaboration for the ELP, Stephen Adamson, Director of Programmes** said: “The Executive Leadership Development Programme is an excellent example of what can be achieved when a business invests in its talent. Simultaneously we can improve engagement of key employees, improve their skillsets in areas fundamental to the future of the business, and help them make a positive impact on the business and, as a result, on the UAE. We are delighted to see the success of this collaboration with Al Ghurair and look forward to welcoming a second cohort.”

In addition to the ELP, Al Ghurair had also launched the Advanced Leadership Development Programme (ALP), a structured leadership programme designed for Fit For Future Leaders, focused on first line managers. The ALP, offering a similar structure to the ELP, witnessed the graduation of 15 candidates, bringing them closer to their career goals.

**John Iossifidis, GCEO, Al Ghurair, remarked:** “Over the last two and a half years, Al Ghurair has embarked on an ambitious, Group-wide journey, building the next chapter of Al Ghurair – and our people are at the heart of that journey. This dual graduation ceremony marks a significant day for our business, as we celebrate the achievements of our talented people who have demonstrated a thirst for learning, a commitment to our Purpose, vision and values, and who have showcased how they – themselves – are focused on the pursuit of better, through learning and development!”

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Al Ghurair drives Learning & Development in collaboration with IE Business School of Madrid 

**06 March 2023, Dubai, UAE** 

●	Al Ghurair awarded four awards in recognition of exceptional customer-centricity;

●	Al Ghurair recognised as regional leader in Customer Experience.

Al Ghurair, one of the largest diversified family business groups in the United Arab Emirates (UAE), has announced it has been awarded four awards at the Gulf Customer Experience Awards held in Dubai, UAE on 1st March 2023 in recognition of its exceptional Customer Experience (CX) programme. The Group was awarded a total of four awards including one **Gold** for ‘Best Customer Experience in Real Estate’, and three Silver awards for ‘Customers at the Heart of Everything’, ‘Best Customer Experience Strategy’ and ‘Best Customer Experience Team’, marking a significant milestone in the Group’s CX transformation journey, which started in 2022.

The awards mark the success of Al Ghurair Group-wide transformation journey and its CX Transformation ‘Think Group’ programme devised to lead customer-centric transformation, innovation and excellence. Building on a 60-year legacy, the initiative reimagines the business through the lens of the customer from transforming customer-facing touchpoints to redesigning service blueprints and operating models with the goal of elevating customer experience to be fit for the future.

Commenting on the recognition, **Divya Bathija,** Customer Experience Programme Lead, former Chief Customer & Excellence Officer, and current Chief Information Officer, Al Ghurair said: “We are delighted to have been recognised for our efforts in establishing holistic customer experience structures across the organisation as we continue to embed customer centricity at the core of what we do. Our Purpose to Enhance Life has continued to drive us forward along this journey and whilst there is much to be proud of, we realise there is more to accomplish ahead.”

**Praveen Bangera,** Senior Vice President, Customer Experience, added: “The competition was fierce, with Al Ghurair standing with amongst reputed businesses and brands with long-standing CX programmes. This achievement is testament to how committed Al Ghurair is, as part of our transformation journey, to building a customer-centric model and to continuously pioneering customer experience, locally, regionally, and globally.”

As part of the Group’s CX transformation journey, Al Ghurair launched a pilot programme across Al Ghurair Properties to establish a foundation for its business to consumer (B2C) programme. Partnering with ModusCX, a leading management consultancy specialising in customer experience, with a goal to deliver a full-scope CX programme to build core practices and activities that form the basis for the strategy’s fulfilment. 

Commenting on the recognition, **Badr Al Ghurair,** Chief Executive Officer, CarsTaxi, and Sponsor of the CX Transformation ‘Think Group’ Programme said: “Al Ghurair Properties provided the perfect platform to roll out the full spectrum of B2C CX activities, thus creating a complete transformation foundation for all future rollouts as we look ahead at exploring the group’s many exciting verticals. As we further cement our position as a regional leader with our customers at heart, we shall continue to remove barriers, inspire loyalty and enhance experience every step of the way.”
