The 5 Super Rich in Dubai

Tuesday, 1 March 2016




Sheikh Ahmed Bin Saeed Al Makthoum

He is the son of former Ruler of Dubai Sheikh Saeed Bin Maktoum Al Maktoum Al Maktoum , the brother of former Ruler of Dubai Sheikh Rashid Bin Saeed Al Maltoum and the uncle of the current Ruler of Dubai Sheikh Mohammed Bin Rashid Al Maktoum (though he is nine years younger than him).
His career in the aviation industry began in 1985 when he was appointed President of the Dubai Department of Civil Aviation (DCA) – the governing body that oversaw the activities of Dubai International and Dubai Duty Free , among others. Emirates, the national carrier, were launched at the same time and he was appointed chairman.
Apart from being the president of Department of Civil Aviation and the chairman of government establishments, such as Dubai World and Emirates NBD, he is also the CEO and chairman of Emirates Airline & Group. Not to mention, he holds a firm top position among the world’s 100 most powerful Arabs.  





Abdullah bin Ahmad Al Ghurair

Meet the UAE’ s second richest businessman, Abdullah bin Ahmad Al Ghurair who is at the helm of Abdulla bin Ahmad Al Ghurair & Family.
His net worth comes around $3.1 billion. Besides leading the group which has to its credit some of the prominent names in the retail and construction industries, he is the president cum chairman of Mashreq Bank.









Abdul Aziz Al Ghurair

Born 12 November 1954 Abdul Aziz Al Ghurair – the CEO of Mashreq Bank – is one of the UAE’ s most influential and richest men.
He is considered one of the pioneers in the country’s banking sector, and is credited with the launching of a variety of financial services by way of credit cards, loans and mortgages, ATMs and traveler’s squelches.

Al Ghurair has threes son who are Saood, Mansoor and Abdulla. Saood, graduated from the University of San Diego. Mansoor currently studies at NYU in New York.










Mohammed Al Rashid Alabbar

Mohamed Al Rashid Alabbar was born in Dubai and is the eldest of 12 children.Alabbar's father was a captain of a traditional trading vessel known as a Dhow. He also received an honorary doctoral degree in humanities from his Alma mater in 2007 and serves on its Board of Trustees.
Donning the chairman position of Emaar Properties that erected some of the prestigious structures including the world’s tallest building – Burj Khalifa, itself reveals the role of this influential businessman in shaping the landscape and lifestyle of Dubai to place it right on the world map. Alabbar graduated from Seattle University in 1981 with a degree in business administration.

A trustworthy confidante to HH Sheikh Mohammed bin Rashid Al Maktoum – the ruler of Dubai, he leads 60 companies under the renowned banner of Emaar.







Majid Al Futtaim

In March 2014, Forbes Magazine ranked Majid Al Futtaim third among the list of richest businessmen in the UAE, boasting a net fortune of US$3.6 billion.
He is the owner of the business empire, Majid Al Futtaim Holding that literally revolutionized the concept of shopping, leisure and entertainment in the country, with its much acclaimed establishments, such as City Centre, Mall of the Emirates, and Carrefour.

Source: Gulf news & Wikipedia

18 Dead as Dubai-Bound Bus is hit by truck



Muscat: A Dubai-bound bus was hit by a truck traveling through western Oman’s desert and a passing car later slammed into the wreckage early on Tuesday morning, killing at least 18 people and injuring 16 others, police said.

An official at the Royal Oman Police told Gulf News that an initial investigation revealed that the driver of the truck lost control after a tyre burst.
The truck skidded off across the road and rammed into a bus, owned by the Gulf Transport Company, heading to Dubai from Salalah and carrying 45 passengers.
Sources at Ibri Hospital told Gulf News they issued an urgent appeal for blood donations due to the high number of injuries.

Authorities received first word of the crash near the Nahdah area on the road connecting the cities of Fahud and Ibri around 1 am on Tuesday, Oman police spokesman Mohammad Bin Salama Al Hashimi said. Fahud and Ibri are cities west of the capital, Muscat.
He said those hurt in the crash had injuries ranging from serious to minor and had been transported to hospitals throughout the country.

Police officers from Muscat arrived at the scene via helicopter, while workers with Petroleum Development Oman also aided rescuers, authorities said.
Police said six of the dead were Omanis from the Al Mehri tribe in Salalah including three children, a source at Al Nizwa hospital told Gulf News.
They are set to be buried on Tuesday. The hospital treated three other injured Omanis and said they were in stable condition.

The remaining deaths included four from Saudi Arabia, two from Pakistan and one from Yemen.
Five others were still unidentified.
Among the injured, 11 were from Oman, two were Saudis, one was Pakistani, one was Chinese and one remained unidentified, the police said.                                                                                                Source: Gulf News