Established in 1960 as a trading business, Al Ghurair was one of the first pillars of industry in the U.A.E. Today, the group has a diversified portfolio across 50 countries in food and resources, construction, energy, and venture, among other sectors. It employs around 28,000 people. In March 2023, the group’s automotive division signed a partnership with Chinese automobile manufacturer EXEED to be the exclusive distributor of its SUVs in the U.A.E. In April 2023, Al Ghurair Foods signed 50-year land lease agreements worth $272.3 million with Khalifa Economic Zones Abu Dhabi. Abdulla Al Ghurair and family had a net worth of $3.2 billion as of July 2023.