ETA Star Group is an
investment company
An investment company is a financial institution principally engaged in holding, managing and investing securities. These companies in the United States are regulated by the U.S. Securities and Exchange Commission and must be registered under the ...
headquartered in
Dubai,
United Arab Emirates. It is a joint-venture between
Al Ghurair
AL, Al, Ål or al may stand for:
Arts and entertainment Fictional characters
* Al (''Aladdin'') or Aladdin, the main character in Disney's ''Aladdin'' media
* Al (''EastEnders''), a minor character in the British soap opera
* Al (''Fullmetal ...
and
Tamil
Tamil may refer to:
* Tamils, an ethnic group native to India and some other parts of Asia
** Sri Lankan Tamils, Tamil people native to Sri Lanka also called ilankai tamils
**Tamil Malaysians, Tamil people native to Malaysia
* Tamil language, nati ...
entrepreneur and philanthropist
B.S. Abdur Rahman.
Company performance
Established in 1973, ETA Star Group is a private company headquartered in Dubai employing about 70,000 people in 23 countries with annual sales of US$6.5 billion. The ETA Star Group organization encompasses 140 entities and associate offices, with involvement in a number of verticals including automobiles, manufacturing, assembly, insurance, facility management, consumer electronics, real estate, contracting, engineering, aviation, hospitality, oil, natural gas, information technology, travel, leisure, trading, shipping and transportation.
Investments
ETA has invested in nearly 100 divisions including
General, an air conditioning manufacturer, in India.
Legal case
In ''Emirates Trading Agency Llc'' (part of the group) ''v Prime Mineral Exports Private Ltd.'', an obligation relating to engage in "friendly discussion" as the first stage of an agreed approach to
resolving disputes was upheld as enforceable by the
Commercial Court of England and Wales.
[McNair Chambers]
ENGLISH COMMERCIAL COURT REVIEWS JURISDICTION CLAUSES
published 8 July 2014, accessed 26 June 2023
References
External links
ETA Star Group websiteETA Star Projects Website
Investment companies of the United Arab Emirates
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