Majid Al Ghurair adjudged 'Business Leader Personality of the Year' by Mohammed bin Rashid Establishment For Young Business Leaders

The annual award is presented to the most dynamic entrepreneur in the UAE.

At a ceremony held at the Jumeirah Beach Hotel on March 22, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and UAE Minister of Defence presented the prestigious award to Mr Majid Saif Al Ghurair in his capacity as the Chairman of Shuaa Capital P.S.C.

Commenting on the Award, Mr Majid Saif Al Ghurair said: "I am deeply honoured at receiving the "Business Leader Personality Of The Year" award from the Mohammed bin Rashid Establishment for Young Business Leaders. This is a proud occasion for the Al Ghurair Group of Companies, and Shuaa Capital in particular. The award demonstrates the Government of Dubai's commitment to recognise and reward business excellence and innovation. It offers tremendous inspiration to entrepreneurs throughout the UAE, who wish to play an important role in the country's economic development".

The "Business Leader Personality of the Year" award, which is conferred on truly exceptional UAE entrepreneurs, is part of the awards programme instituted by the Mohammed bin Rashid Establishment for Young Business Leaders to encourage creativity and reward outstanding performances in the business sector by UAE national men and women. Nominees are selected by an exclusive panel of judges.

As one of the leading business groups in the UAE, Al Ghurair Group owns several companies which have pioneered mega projects in many areas in trade, industry and manufacturing for more than 40 years. Real estate and manufacturing are its main lines of business.

Mr. Majid Saif Al Ghurair is also the President of BurJuman Centre shopping mall, which is in the final stages of a Dhs.1.4 billion expansion project, Managing Director of Gulf Extrusions and Managing Director of Arabian Can Industry, all Al Ghurair Group companies. Other companies in the group include Al Ghurair Real Estate, Dubai Poly Film and Reef Mall, a new commercial development now underway in Deira Dubai to serve the middle income group of shoppers.

Mr. Majid Saif Al Ghurair is currently President of the Middle East Council of Shopping Centers (MECSC). He was instrumental in launching this unique forum, and has been the driving force behind its success as an umbrella organisation dedicated to the growth and prosperity of malls in the region.