Rich List-The Galadari Family

Rich List-The Galadari Family
Rich List-The Galadari Family
Thu 29 Nov 2007 02:23 PM

The Galadari family has a long history of enterprise and commercial activity dating from the 1940s and has been one of the bedrocks of the UAE's modern-day growth. The Ilyas and Mustafa Galadari Group is one of the main family business foundations. It is a highly regarded and multi-faceted organisation based in Dubai, and has a diversified business portfolio including real estate development, agencies for overseas companies, hospitality, food storage, gems and jewellery, automobiles and transport.

Its portfolio includes the Ilyas & Mustafa Galadari Management Investment & Development; Metro Taxi; Galadari Motor Driving Centre; Metro Auto Repairing Branch; IMG Jewellers; Ilyas & Mustafa Galadari Cold Stores; Kitchens and Beyond; Leathero Upholstery; and Sunseeker Middle East.

In its six years of existence, it has shown ambition and determination to grow and launched new business enterprises whenever an opportunity occurs.

It is one project in particular however, that has seen the family's wealth rise and its power maintained. The I&M Galadari group's City of Arabia in Dubai's extraordinary Dubailand will be one of the highlights of any tourist's visit to the Emirates in the years to come.

The 20 million sq ft development will lie at the heart of Dubailand, serving as its gateway and main residential and retail centre. With business and administrative offices, schools and clinics, supported by luxury apartments, shops, galleries, restaurants and unique attractions, the City of Arabia will become a key destination and urban community within the burgeoning ‘New Dubai'.

Leading the way will be Ilyas AW Galadari, chairman of City Arabia, and his brother Mustafa AW Galadari, vice chairman and managing director.

The diversity of Dubai will converge downtown at the City of Arabia, where according to the group, "tradition will meet modernity" and "business will meet pleasure and simplicity meet sophistication".From the Mall of Arabia and the Restless Planet dinosaur theme park, to the 10km river walk flowing through the Wadi Walk, the project will provide open-air leisure and entertainment facilities including covered concourses, water features and a variety of cafés and restaurants.

The City of Arabia will be a dream destination with international vision; further strengthening the Galadari family's reputation as one of the most important players in the UAE and the Gulf.

Added to the mix is young Rashid AW Galadari, owner of Galadari Investment Office, that has built a vast array of luxury properties and that is also expanding the brand into luxury items.

The family also holds a vast array of other businesses including a printing and publishing company and the UAE newspaper the
Khaleej Times

; three automotive companies including the franchise for Mazda cars; a huge industrial group including Galadari Engineering Works, Galadari Air Conditioning & Refrigeration, Galadari Computer Trading, Galadari Trucks and Heavy Equipment, Galadari Chemical Trading and Galadari Mining Trading.

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