Al Tayer Group
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Al Tayer Group
Al Tayer Group () is a privately held holding company established in 1979. Currently the group has operations in 6 countries in the Middle East, including nearly 200 stores and 23 showrooms in multiple markets in the Middle East. The company is headquartered in Dubai, UAE and employs nearly 9,000 people. Background Al Tayer Group operates in several industries including automobile sales and service, luxury and lifestyle retail, perfumes and cosmetics distribution, engineering, real estate and interiors contracting. Divisions Automotive The automotive division of Al Tayer Group was established in 1982 and represents European and American automobile manufacturers, including Land Rover, Jaguar, Ford, Lincoln, Ferrari and Maserati. In Abu Dhabi, the company is represented through Premier Motors. The automotive division of Al Tayer Group also includes a car rental division established in 1994 which operates a fleet of 4500 vehicles in both rental and leasing in the UAE. The automo ...
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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 ...
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Armani
Giorgio Armani S.p.A. (), commonly known as Armani, is an Italian luxury fashion house founded in Milan by Giorgio Armani which designs, manufactures, distributes and retails haute couture, ready-to-wear, leather goods, shoes, accessories, and home interiors. Armani licenses its name and branding to Luxottica for eyewear; L'Oréal for fragrances and cosmetics; and Fossil for watches and jewelry. It is considered Italy's second-biggest fashion group behind Prada.Valentina Za (July 25, 2017)Armani reorganises brands as revenue, profit margins slip''Reuters''. History Armani and his partner, architect Sergio Galeotti, founded Giorgio Armani SpA in 1975, reportedly on money from the sale of Armani's Volkswagen.Suzy Menkes (April 9, 2002)Giorgio Armani:'I did it my way'''International Herald Tribune''. The company signed a license with Gruppo Finanziario Tessile (GFT) in 1978. It partnered with L'Oreal on a licensing agreement for the production and distribution of fragrances, cos ...
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Holding Companies Established In 1979
Holding may refer to: * Holding an object with the hands, or grasping * Holding (law), the central determination in a judicial opinion * Holding (aeronautics), a manoeuvre in aviation * Holding (surname) * Holding company, a company that owns stock in other companies * Holding (American football), a common penalty in American football * ''The Miroslav Holding Co.'', 2001 Croatian film also released as ''Holding'' * "Holding", an episode of the American animated television series ''Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series See also * * * Smallholding * Hold (other) * The Holding (other) * "Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the control a person intentionally exercises toward a thing. Like ownership, the possession of anything is commonly regulated by country under property law. In all cases, to possess something, a person must have an inten ...
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Conglomerate Companies Of The United Arab Emirates
Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge, in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) ConGlomeration was an annual multigenre convention held in or around Louisville, Kentucky between 2001 and 2019. ConGlomeration was an all-volunteer non-profit organization which, as part of its convention programming, conducted charitable acti ...
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Holding Companies Of The United Arab Emirates
Holding may refer to: * Holding an object with the hands, or grasping * Holding (law), the central determination in a judicial opinion * Holding (aeronautics), a manoeuvre in aviation * Holding (surname) * Holding company, a company that owns stock in other companies * Holding (American football), a common penalty in American football * ''The Miroslav Holding Co.'', 2001 Croatian film also released as ''Holding'' * "Holding", an episode of the American animated television series ''Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series See also * * * Smallholding * Hold (other) * The Holding (other) * "Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the control a person intentionally exercises toward a thing. Like ownership, the possession of anything is commonly regulated by country under property law. In all cases, to possess something, a person must have an inten ...
{{disambiguation ...
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List Of Companies Of The United Arab Emirates
The United Arab Emirates is a country at the southeast end of the Arabian Peninsula on the Persian Gulf. The economy is the second largest in the Arab world (after Saudi Arabia), with a gross domestic product (GDP) of $570 billion ( AED2.1 trillion) in 2014. The United Arab Emirates has been successfully diversifying its economy, although the UAE remains extremely reliant on oil. With the exception of Dubai, most of the UAE is dependent on oil revenues. Petroleum and natural gas continue to play a central role in the economy, especially in Abu Dhabi. More than 85% of the UAE's economy was based on the oil exports in 2009. While Abu Dhabi and other UAE emirates have remained relatively conservative in their approach to diversification, Dubai, which has far smaller oil reserves, was bolder in its diversification policy. In 2011, oil exports accounted for 77% of the UAE's state budget. Notable firms This list includes notable companies with primary headquarters located in the coun ...
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Gulf Cooperation Council
The Cooperation Council for the Arab States of the Gulf ( ar, مجلس التعاون لدول العربية الخليج ), also known as the Gulf Cooperation Council (GCC; ar, مجلس التعاون الخليجي), is a regional, intergovernmental, political, and economic union comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The council's main headquarters is located in Riyadh, the capital of Saudi Arabia. The Charter of the GCC was signed on 25 May 1981, formally establishing the institution. All current member states are monarchies, including three constitutional monarchies (Qatar, Kuwait, and Bahrain), two absolute monarchies (Saudi Arabia and Oman), and one federal monarchy (the United Arab Emirates, which is composed of seven member states, each of which is an absolute monarchy with its own emir). There have been discussions regarding the future membership of Jordan, Morocco, and Yemen. During the Arab Spring in 2011, Saudi Arab ...
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Cinépolis
Cinépolis is a Mexican and international movie theater chain. Its name means ''City of Cinema'' and its slogan is ''La Capital del Cine'' ( en, the Capital of Cinema). Cinépolis was the biggest cineplex chain in Mexico, with 427 theaters in 97 cities. It is also the largest chain in Latin America and one of the largest in the world, also owning cinemas in Spain, India, Indonesia, Oman, Bahrain, Saudi Arabia, United Arab Emirates and the United States. History Enrique Ramírez Miguel founded Organización Ramírez© in Morelia, Michoacán, Mexico in 1971. Years before, the company opened the first cinema in the city of Salamanca, Mexico, Salamanca the company was rebranded as Cinematográfica Cadena de Oro, S.A., opening theaters in Acámbaro and Guanajuato and Guanajuato, Guanajuato. By 1971, the brand had already expanded to Mexico City with the opening of Cine La Raza. In 1972 Cinemas Gemelos was born and one year later the national expansion of Multicinemas began. The c ...
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Kuwait City
Kuwait City ( ar, مدينة الكويت) is the capital and largest city of Kuwait. Located at the heart of the country on the south shore of Kuwait Bay on the Persian Gulf, it is the political, cultural and economical centre of the emirate, containing Kuwait's Seif Palace, government offices, and the headquarters of most Kuwaiti corporations and banks. It is one of the hottest cities in summer on earth, with average summer high temperatures over 45 °C (113 °F) for three months of the year. As of 2018, the metropolitan area had roughly 3 million inhabitants (more than 70% of the country's population). The city itself has no administrative status. All six governorates of the country comprise parts of the urban agglomeration, which is subdived in numerous areas. In a more narrow sense, ''Kuwait City'' can also refer only to the town's historic core, which nowadays is part of the Capital Governorate and seamlessly merges with the adjacent urban areas. Kuwait City's ...
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Dubai Mall
The Dubai Mall ( ar, دبي مول "Dubai Mall") is a shopping mall in Dubai. It is the second largest mall in the world after the Iran Mall by total land area, and the 26th-largest shopping mall in the world by gross leasable area, tying with West Edmonton Mall and Fashion Island (Bangkok)—both of which are older than it. It has a total retail floor area of 502,000 square metres (5,400,000 sq ft). Located in Dubai, United Arab Emirates, it is part of the 20-billion-dollar Downtown complex (called Downtown Dubai) adjacent to the iconic Burj Khalifa, and includes over 1,200 shops. In 2011, it was the most visited building on the planet, attracting over 54 million visitors each year. Twice delayed, Dubai Mall opened on 4 November 2008, with about 1000 retailers, marking the world's second largest-ever mall opening in retail history behind West Edmonton Mall. However, it does not have the most gross leasable space, and is surpassed in that category by nineteen m ...
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Bloomingdale's
Bloomingdale's Inc. is an American luxury department store chain; it was founded in New York City by Joseph B. Bloomingdale, Joseph B. and Lyman G. Bloomingdale in 1861. A third brother, Emanuel Watson Bloomingdale, was also involved in the business. It became a division of the Cincinnati-based Federated Department Stores in 1930 under then-president Samuel Bloomingdale. In 1994, the Macy's department store chain joined the Federated Department Stores holding company. In 2007, Federated Department Stores was renamed Macy's, Inc. As of October 29, 2022, there are 54 stores (56 boxes) including 32 department stores (34 boxes, all full line), 1 Bloomies, 1 furniture/other store and 20 outlet stores (There are a total of 35 stores) with the Bloomingdale's nameplate in operation throughout the United States. Its headquarters and Flagship#Retailing, flagship store are located at 59th Street (Manhattan), 59th Street and Lexington Avenue in the New York City borough of Manhattan. Hist ...
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Macy's
Macy's (originally R. H. Macy & Co.) is an American chain of high-end department stores founded in 1858 by Rowland Hussey Macy. It became a division of the Cincinnati-based Federated Department Stores in 1994, through which it is affiliated with the Bloomingdale's department store chain; the holding company was renamed Macy's, Inc. in 2007. As of 2015, Macy's was the largest U.S. department store company by retail sales. Macy's as of October 29, 2022, has 510 stores (569 boxes), inclusive of 445 department stores (499 boxes; includes 51 stores or 55 boxes that are neighborhood stores), 46 furniture galleries (51 boxes), 1 furniture clearance center, 9 freestanding Backstage stores, 7 Market by Macy's and 2 stores converted to fulfillment centers (there are a total of 506 full line stores and a total of 551 stores) with the Macy's nameplate in operation throughout the United States. Its flagship store is located at Herald Square in the New York City borough of Manhattan. The com ...
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