Successful business

personalities

The UAE, as with the case of other nations in the Arabian

Peninsula, is rich in fossil fuels, and is indeed one of the
wealthiest nations in the Middle East. Though the oil
industry still remains its economys strength, the UAE over
the decades has adopted an intrepid diversification
strategy to reduce its dependence on oil exports while
concentrating on other key industrial sectors such as real
estate, finance, retail, and tourism. This, in turn, has
created a boom in the countrys business scenario, and here
is a list of people who have proved highly successful in their
respective businesses in the UAE.

1.Sheikh Ahmed Bin Saeed Al Makthoum

Born into the royal family as the son of the Dubais
former ruler Sheikh Saeed bin Makthoum Al
Makthoum, Sheikh Ahmed Bin Saeed Al Makthoum
took the countrys aviation and financial industry to
new heights with his visionary plans and strategies.
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 worlds 100 most powerful Arabs.

2.Abdullah bin Ahmad Al Ghurair

Meet
the
UAEs
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.

3.Saif Al Ghurair
The head of Saif Al Ghurair & Family
with an indelible business presence
of over 40 years in the region, he is
one of the top four Emirati
billionaires, as per the Forbes
Magazine. A net worth close to $2.8
billion further makes him the
worlds 609th richest person.

4.Abdul Aziz Al Ghurair

Abdul Aziz Al Ghurair the CEO of
Mashreq Bank is one of the UAEs most
influential and richest men. He is
considered one of the pioneers in the
countrys banking sector, and is credited
with the launching of a variety of
financial services by way of credit cards,
loans and mortgages, ATMs and
travelers cheques.

5.Mohammed Al Rashid Alabbar

Donning the chairman position of Emaar
Properties that erected some of the
prestigious structures including the worlds
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. 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.

Resource:
http://blog.raynatours.com/to

p-10-richest-men-uae/