Al Ras Group Competitors

Founded in 1992, Majid Al Futtaim is an Emirati-owned, diversified lifestyle conglomerate operating across the Middle East, Africa and Asia. The Group started from one man’s vision to transform the face of shopping, entertainment, and leisure to ‘Create Great Moments For Everyone, Everyday’. It has since grown into one of the region’s most respected businesses, employing 43,000 people, with owned assets valued at US$18 billion and has the highest credit rating (BBB) among privately held corporates in the region. Majid Al Futtaim owns and operates 29 shopping malls, 7 hotels and four mixed-use communities, welcoming more than 600 million customers through its doors every year.

كان الهدف من تأسيسنا هو إنشاء مشاريع عقارية ذات مستوى عالمي لمدينة أبوظبي، مع توفير محفظة استثمارية مستقرة ومربحة لجميع المستثمرين لدينا نحن ملتزمون بتحقيق معايير جديدة للابتكار والتميز والقيمة في التصميم المدني والتنمية المستدامة. أولويتنا هي الفائدة الفورية والمستقبلية لأبو ظبي والمقيمين فيها قمنا بتطوير مشاريع مميزة ومبتكرة كالمبنى HQ للدار المعروف عالميا والواقع في شاطئ الراحة، وأبراج البوابة في شمس أبو ظبي على جزيرة الريم، بالإضافة إلى حلبة الفورمولا 1 في جزيرة ياس وراء نجاحنا أكثر من 500 موظف متعددي التخصصات مهمتهم تقديم الخبرة والمعرفة من جميع أنحاء العالم We were established to create world-class real estate developments for the nation of Abu Dhabi, whilst providing a stable and profitable investment portfolio for all our investors. We are dedicated to achieving new standards of innovation, excellence and value in urban design and sustainable development. Our priority is the immediate and future benefit of Abu Dhabi and its residents. We developed exciting and innovative project from residential to retail, hospitality and commercial, such as the internationally recognized HQ building situated in the Al Raha Beach development, the Gate Towers in Shams Abu Dhabi on Al Reem Island, in addition to Yas Island’s F1 circuit. Behind our success there are over 500 multi-disciplinary staff providing expertise and knowledge from around the globe.

Gulf International Bank B.S.C. (GIB) is a pan-GCC universal bank established in 1975 and regulated by the Central Bank of Bahrain. GIB provides diverse financial products, services and bespoke banking solutions to a wide client base in the GCC, Europe and North America. This includes corporate, institutional, global transaction and investment banking; treasury and asset management; and meem, the world’s first fully-digital Shariah-compliant retail bank. The Group is active across regional and international markets through its subsidiaries GIB Saudi Arabia and GIB (UK) Ltd and its branches in the UAE and USA. GIB Saudi Arabia is the first foreign-domiciled bank to establish a local commercial bank in the Kingdom. Headquartered in Al Khobar, the bank has branches in Riyadh and Jeddah with its Riyadh based subsidiary, GIB Capital, delivering the Bank’s investment banking activities. Its activities span equity advisory and placements, mergers, acquisitions and privatisations; debt capital market solutions and strategic financial advisory, along with asset management and equities brokerage. GIB is owned by the governments of the Gulf Cooperation Council countries, with Saudi Arabia’s Public Investment Fund being the primary shareholder.