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Al Fajer Properties
Al Fajer Group, based in Dubai, United Arab Emirates, is a nationally owned holding company established by Sheikh Hasher bin Maktoum Al Maktoum of Dubai's ruling family. Also known as Al Fajer Enterprises, it was established in 1970. Formation Al Fajer Group (AFG) was established in 1970 by its Group President Sheikh Hasher Bin Maktoum Al Maktoum, His Highness. Since his appointment of CEO of the group in 1998 the company has grown to a diversified business entity delivering services to a range of international clients. Subsidiaries AFG's business interests include a number of subsidiaries which, according to a 2008 press release, then had "more than 18,000 employees" across the "companies incorporated under its umbrella". As of October 2021, the subsidiary companies listed on the Al Fajer Group website included: Al Ahmadiah Contracting & Trading, Al Fajer Information Services, Al Fajer Trading LLC, Al Fajer Marine LLC, Al Fajer Decoration LLC, Al Fajer Facilities Management LLC ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Arab Emirates
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia (The Middle East). It is located at the eastern end of the Arabian Peninsula and shares borders with Oman and Saudi Arabia, while having maritime borders in the Persian Gulf with Qatar and Iran. Abu Dhabi is the nation's capital, while Dubai, the most populous city, is an international hub. The United Arab Emirates is an elective monarchy formed from a federation of seven emirates, consisting of Abu Dhabi (the capital), Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. Each emirate is governed by an emir and together the emirs form the Federal Supreme Council. The members of the Federal Supreme Council elect a president and vice president from among their members. In practice, the emir of Abu Dhabi serves as president while the ruler of Dubai is vice pre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dubai
Dubai (, ; ar, دبي, translit=Dubayy, , ) is the most populous city in the United Arab Emirates (UAE) and the capital of the Emirate of Dubai, the most populated of the 7 emirates of the United Arab Emirates.The Government and Politics of the Middle East and North Africa. D Long, B Reich. p.157 Established in the 18th century as a small fishing village, the city grew rapidly in the early 21st century with a focus on tourism and luxury, having the second most five-star hotels in the world, and the tallest building in the world, the Burj Khalifa, which is tall. In the eastern Arabian Peninsula on the coast of the Persian Gulf, it is also a major global transport hub for passengers and cargo. Oil revenue helped accelerate the development of the city, which was already a major mercantile hub. A centre for regional and international trade since the early 20th century, Dubai's economy relies on revenues from trade, tourism, aviation, real estate, and financial services. [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maktoum Hasher Maktoum Al Maktoum
Sheikh Maktoum Hasher Maktoum Al Maktoum ( ar, الشيخ مكتوم حشر مكتوم آل مكتوم) is a member of Dubai's ruling family. He is a second cousin once removed of Mohammed bin Rashid Al Maktoum, the current ruler of Dubai. Mohammed bin Rashid Al Maktoum's grandfather, Saeed bin Maktoum and Sheikh Maktoum's great-grandfather, Juma bin Maktoum were brothers. Early life, education, and career Sheikh Maktoum received a BSBA in Finance with Honors from Suffolk University, Boston, Massachusetts, USA. Sheikh Maktoum is also presently the Chairman of the Dubai International Holding Company (a private investment firm with extensive experience in natural resources, mining, traditional and renewable energy), Al-Nasr Sports Club. As director of Shadar Holdings Sheikh Maktoum helped bring Virgin Megastores, Promod, Pull and Bear, and Bershka into the United Arab Emirates. Sheikh Maktoum was the Founder, President and Chairman of the A1 Grand Prix racing series. After an extre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
President (corporate Title)
A president is a leader of an organization, company, community, club, trade union, university or other group. The relationship between a president and a chief executive officer varies, depending on the structure of the specific organization. In a similar vein to a chief operating officer, the title of corporate president as a separate position (as opposed to being combined with a "C-suite" designation, such as "president and chief executive officer" or "president and chief operating officer") is also loosely defined; the president is usually the legally recognized highest rank of corporate officer, ranking above the various vice presidents (including senior vice president and executive vice president), but on its own generally considered subordinate, in practice, to the CEO. The powers of a president vary widely across organizations and such powers come from specific authorization in the bylaws like ''Robert's Rules of Order'' (e.g. the president can make an "executive decision" on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chief Executive Officer
A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially an independent legal entity such as a company or nonprofit institution. CEOs find roles in a range of organizations, including public and private corporations, non-profit organizations and even some government organizations (notably state-owned enterprises). The CEO of a corporation or company typically reports to the board of directors and is charged with maximizing the value of the business, which may include maximizing the share price, market share, revenues or another element. In the non-profit and government sector, CEOs typically aim at achieving outcomes related to the organization's mission, usually provided by legislation. CEOs are also frequently assigned the role of main manager of the organization and the highest-ranking offic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
General Manager
A general manager (GM) is an executive who has overall responsibility for managing both the revenue and cost elements of a company's income statement, known as profit & loss (P&L) responsibility. A general manager usually oversees most or all of the firm's marketing and sales functions as well as the day-to-day operations of the business. Frequently, the general manager is responsible for effective planning, delegating, coordinating, staffing, organizing, and decision making to attain desirable profit making results for an organization (Sayles 1979). In many cases, the general manager of a business is given a different formal title or titles. Most corporate managers holding the titles of chief executive officer (CEO) or president, for example, are the general managers of their respective businesses. More rarely, the chief financial officer (CFO), chief operating officer (COO), or chief marketing officer (CMO) will act as the general manager of the business. Depending on the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Property Development
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction or housebuilding, although many developers also manage the construction process or engage in housebuilding. Developers buy land, finance real estate deals, build or have builders build projects, develop projects in joint venture, create, imagine, control, and orchestrate the process of development from the beginning to end.New York Times, March 16, 1963, "Personality Boom is Loud for Louis Lesser" Developers usually take the greatest risk in the creation or renovation of real estate and receive the greatest rewards. Typically, developers purchase a t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Land Banking
Land banking is the practice of aggregating parcels of land for future sale or development. While in many countries ''land banking'' may refer to various private real estate investment schemes, in the United States it refers to the establishment of quasi-governmental county or municipal authorities purposed with managing an inventory of surplus land. Municipal land banks in the United States Definition Land banks are quasi-governmental entities created by counties or municipalities to effectively manage and repurpose an inventory of underused, abandoned, or foreclosed property. They are often chartered to have powers that enable them to accomplish these goals in ways that existing government agencies can not. While the land bank "model" has gained broad support and has been implemented in a number of cities, they are implemented differently so as to best address both municipal needs and the state and local legal context in which they were created. History Land banking origin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jumeirah Lake Towers
The Jumeirah Lakes Towers (JLT) ( ar, أبراج بحيرات الجميرا) is a large development in Dubai, United Arab Emirates which consists of 80 towers being constructed along the edges of three artificial lakes (Lake Almas West, Lake Almas East, JLT Lake) as well as the JLT Embankment of eight towers facing Jumeirah Islands. Initially JLT had four lakes (Lake Almas West, Lake Almas East, Lake Elucio, Lake Allure), in late 2012 developer (DMCC) announced that lake Elucio would be drained and park would be created instead. Subsequently, Lake Allure has been renamed to JLT Lake. The total area covered by the lakes, waterways and landscaping will be . The towers will range from having 35 floors to having 45, except for the centerpiece (Almas Tower), which is 66 floors. The tallest tower and the centerpiece of the entire complex is Almas Tower which is situated on its own island between Lake Almas West and Lake Almas East. The completion of Saba Tower in December 2006 marked ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jumeirah Business Center Towers
The Jumeirah Lakes Towers (JLT) ( ar, أبراج بحيرات الجميرا) is a large development in Dubai, United Arab Emirates which consists of 80 towers being constructed along the edges of three artificial lakes (Lake Almas West, Lake Almas East, JLT Lake) as well as the JLT Embankment of eight towers facing Jumeirah Islands. Initially JLT had four lakes (Lake Almas West, Lake Almas East, Lake Elucio, Lake Allure), in late 2012 developer (DMCC) announced that lake Elucio would be drained and park would be created instead. Subsequently, Lake Allure has been renamed to JLT Lake. The total area covered by the lakes, waterways and landscaping will be . The towers will range from having 35 floors to having 45, except for the centerpiece (Almas Tower), which is 66 floors. The tallest tower and the centerpiece of the entire complex is Almas Tower which is situated on its own island between Lake Almas West and Lake Almas East. The completion of Saba Tower in December 2006 marked ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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