India@FDI Magazine

Majid Saif Al Ghurair, who is the CEO of Al
Ghurair Group and Chairman of Dubai
Shopping Malls, was appointed as the
seventh Chairman of the Dubai Chamber
of Commerce & Industry in May 2015.
He has been the Chairman of the Middle East Council of
Shopping Centers (MECSC) since 1994 and is also a Board
Member of the National Cement Co, NASDAQ Dubai, the
Dubai Islamic Economy Development Centre (DIEDC), and Al
Etihad Credit Bureau.
Al Ghurair brings with him a wealth of business
expertise and experience, which is essential in promoting
the development of business in Dubai, and showcasing the
emirate’s potential as a global trade and investment hub.
He was awarded the ‘Business Leader Personality of the
Year 2004’ in the UAE by His Highness Sheikh Mohammed Bin
Rashid Al Maktoum, Vice President and Prime Minister of the
UAE and Ruler of Dubai.
An interview with Al Ghurair, who was in India last month
visiting Mumbai and Ahmedabad. “Through this visit, we hope
to take bilateral relations to the next level before we open a
representative office in India, which we are planning to do
later this year,” he told us during the course of an interview.
‘India is a major focus of our
international expansion strategy’
Excerpts:
Do you see India emerge as a significant trade partner
for Dubai over the coming years?
India is one of the UAE’s top trading partners and Dubai’s
second-largest trading partner. India-UAE relations have
strengthened over the past decades due to political
understanding and common economic interests between the
two countries.
The Indian business community in the UAE has contributed
significantly to bilateral relations and trade. In fact, 29% of all
new companies that registered with Dubai Chamber last year
were Indian, bringing the total number of Indian members to
over 36,000.
Our close relationship with India is symbolic of Dubai
Chamber’s strategy of reaching out to promising markets of
the world, and providing our 201,000 members with access to
new trade and investment opportunities.
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