Saif Ahmed Al Ghurair founded the Al Ghurair Group in 1960. Nasser Saidi, who is not from the Al Ghurair family, is the non-executive chairman of the board, and the rest of the board is comprised of family members. The group has a diversified portfolio in real estate, manufacturing, and finance. The BurJuman Centre in Bur Dubai is the group’s flagship property under its real estate portfolio. Its petrochemical business, Taghleef Industries, is among the largest global manufacturers of biaxially oriented polypropylene film, which is used in food packaging. The group is also involved in manufacturing metal through Al Ghurair Iron and Steel. The group’s investments include large stakes in Mashreq Bank and the National Cement Company.