Galadari Brothers
| Industry | Group of Companies |
|---|---|
| Founded | 1960 |
| Headquarters | , |
Area served | United Arab Emirates |
| Website | galadarigroup |
History[]
In 1976, the brothers split with Abdul Rahim and Abdul Latif retaining the business by buying out Abdul Wahab.[1]
In 2006, the government of Dubai took a 30 per cent stake in the conglomerate. It was reported the 30 per cent stake replaced Galadari's debt to the government and other companies. A court appointed by Mohammad Bin Rashid Al Maktoum, the Vice President and Prime Minister of the United Arab Emirates, first restructured the group and then replaced the board with a three-member temporary board.[2]
Businesses[]
Galadari Brothers has investments in print and online media in the Middle East. Other companies under the Galadari Group in the UAE include Mazda UAE,[3] Baskin-Robbins Ice Cream, Galadari Sri Lanka Hotel in Colombo,[4] Galadari Construction, JCB General heavy equipment. The group also has stakes in Galadari Cement in Karachi, Pakistan.
References[]
- ^ Mitra, Sumit (29 October 2014). "Abdul Latif Galadari surfaces in India as govt withdraws smuggling cases against the brothers". India Today. Archived from the original on 26 December 2019. Retrieved 26 December 2019.
- ^ "Dubai takes 30% stake in Galadari group". gulfnews.com. 13 October 2006. Archived from the original on 26 December 2019. Retrieved 26 December 2019.
- ^ "Galadari Automobiles opens House of Mazda showroom". Khaleej Times (in Arabic). 21 March 2013. Retrieved 14 October 2013.
- ^ https://www.galadarigroup.com/our-business/travel-and-hospitality/ |Title: Galadari Hotel
External links[]
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