{"id":20664,"date":"2020-01-07T12:12:40","date_gmt":"2020-01-07T09:12:40","guid":{"rendered":"https:\/\/www.ibtdi.com\/?p=20664"},"modified":"2020-01-07T06:23:52","modified_gmt":"2020-01-07T03:23:52","slug":"saif-al-ghurair","status":"publish","type":"post","link":"https:\/\/www.ibtdi.com\/en\/saif-al-ghurair\/","title":{"rendered":"Saif Al Ghurair: The Pearl Diver"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/imagevars.gulfnews.com\/2019\/08\/27\/190827-al-ghurair_16cd1e17303_large.jpg\" alt=\"\u0646\u062a\u064a\u062c\u0629 \u0628\u062d\u062b \u0627\u0644\u0635\u0648\u0631 \u0639\u0646 \u202aSaif Al Ghurair\u202c\u200f\" width=\"606\" height=\"455\" \/><\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"><span style=\"color: #00ccff;\">\u0627\u0644\u0627\u0633\u0645:<\/span> \u0633\u064a\u0641 \u0627\u0644\u063a\u0631\u064a\u0631<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"><span style=\"color: #00ccff;\">\u0627\u0644\u062c\u0646\u0633\u064a\u0629:<\/span> \u0625\u0645\u0627\u0631\u0627\u062a\u064a<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"><span style=\"color: #00ccff;\">\u062a\u0627\u0631\u064a\u062e \u0627\u0644\u0645\u064a\u0644\u0627\u062f:<\/span> \u0639\u0627\u0645 1924<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"><span style=\"color: #00ccff;\">\u062a\u0627\u0631\u064a\u062e \u0627\u0644\u0648\u0641\u0627\u0629:<\/span> 27 \u0623\u063a\u0633\u0637\u0633 2019.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"><span style=\"color: #00ccff;\">\u0627\u0633\u0645 \u0627\u0644\u0634\u0631\u0643\u0629:<\/span> Al Ghurair Group<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">The UAE\u2019s most renowned businessman never knew that, after starting out as a pearl diver, he would help write the history of Dubai. His story became a model of entrepreneurial success <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">and passion for work, inspiring millions around the world. How did the late Saif Al Ghurair begin his life?<\/span><\/p>\n<p>.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif; color: #00ccff;\">\u0646\u0634\u0623\u062a\u0647<\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Saif Ahmed Al Ghurair was born in 1924 and was the eldest of five siblings. He began life in difficult circumstances, as Dubai was struggling with poverty during his childhood.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Saif Al Ghurair\u2019s family lived in a mud-brick home and would spend the hot, humid summers in tents. They had to filter their drinking water using <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Sieves, used to get rid of the worms that had filled them.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">His father owned several boats used for diving and pearl fishing, so he grew up following in his father\u2019s footsteps\u2014fishing and trading\u2014and learned their routes from an early age.<\/span><\/p>\n<p>.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif; color: #00ccff;\">\u062d\u0628 \u0627\u0644\u0635\u064a\u062f<\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">In his youth, Saif would spend months at a time at sea, living on rice, dates, and fish. He served as the boat\u2019s captain and represented its owner, <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">and one of his most important duties was safeguarding the pearls. He kept them in small wooden boxes inside the cabin where he slept.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">The pearl-diving profession faced a serious threat in the 1930s, after cultured pearls appeared in Japan. Pearl fishing became un <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">profitable and no longer worthwhile, prompting the family to turn to trade.<\/span><\/p>\n<p>.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif; color: #00ccff;\">\u062a\u0637\u0648\u064a\u0631 \u0627\u0644\u0642\u0648\u0627\u0631\u0628<\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">The Al Ghurair family worked to improve small pearl-fishing boats so they could make longer voyages and carry heavier loads.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">The family began transporting dates from Iraq to Africa and India, returning with cargoes of fabrics and textiles, as well as wood used to make<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"> \u0645\u0646\u0647\u0627 \u0627\u0644\u0642\u0648\u0627\u0631\u0628.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">That wasn\u2019t all: the family added gold to its trade as Dubai became an important center for this precious metal.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Saif Al Ghurair became a trader at an early age. He bought large quantities of fish in the Jumeirah area and sold them in Dubai Creek to the crews of Dutch merchant ships moored there, <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">then later traveled to the Sultanate of Oman to sell sardines to ships sailing through the Strait of Hormuz.<\/span><\/p>\n<p>.<\/p>\n<div class=\"blfwncu blfwncu-clearfix blfwncu-post-middle blfwncu-float-center blfwncu-align-center blfwncu-column-1\" style=\"text-align: center;\">\n<div id=\"blfwncu-69289-9949128\" class=\"blfwncu-container blfwncu-type-code\" data-adid=\"69289\" data-type=\"code\"><\/div>\n<\/div>\n<h2 style=\"text-align: center;\"><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif; color: #00ccff;\">\u062a\u062d\u062f\u064a\u0627\u062a \u0645\u0624\u0644\u0645\u0629<\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">As Dubai experienced a rapid boom in trade and growth, life continued to put challenges in Saif Al Ghurair\u2019s path, and he was soon to face another hardship; <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">During one of his trips to India, he encountered storms and strong winds that whipped up powerful waves, causing painful irritation in his right eye.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">After arriving in India, his eye was in severe pain. When he went to a doctor, he was stunned by the decision that had to be made immediately: he would lose his sight.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Al Ghurair recalled the incident: \u201cWhen we arrived in India, my eye was in severe pain, so I went to a doctor. He told me that the pain would go away only if I lost one of my eyes, and I agreed <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">to have the pain stopped. By God\u2019s grace, I would lose only one eye.\u201d<\/span><\/p>\n<p>.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif; color: #00ccff;\">\u0645\u062c\u0645\u0648\u0639\u0629 \u0627\u0644\u063a\u0631\u064a\u0631<\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">The family was keen to expand its business after specializing in pearl diving and trading during the first decades of the 20th century, which led it to establish<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"> \u201cAl Ghurair Group\u201d in 1960.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">The Al Ghurair Group, founded by \u201cSaif,\u201d brought together the family\u2019s businesses and expanded into a wide range of sectors, from retail, <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">and industry to real estate. This had an impact not only on his business, but on the UAE economy as a whole.<\/span><\/p>\n<p style=\"text-align: center;\">\n<span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Dubai began rising from the desert sands through major investments in infrastructure, which positively affected the Al Ghurair family during <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">the 1950s, before the UAE was formed in 1971.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Al Ghurair\u2019s trading activities flourished, making the family a prominent contributor to Dubai\u2019s modern development. The group established Dubai\u2019s first cement plant in <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">1968, followed by wheat mills in 1976, as well as sugar refineries and aluminum smelters.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">The group became one of Dubai\u2019s strongest economic sectors after building a shopping center in 1981.<\/span><\/p>\n<p>.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif; color: #00ccff;\">\u0634\u062e\u0635\u064a\u0629 \u0625\u062f\u0627\u0631\u064a\u0629<\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Saif Al Ghurair became one of the most prominent, longest-serving, and wealthiest Emirati businesspeople. He held numerous positions, serving as chairman of Al Ghurair Group and as chairman of both <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">the Dubai Chamber of Commerce and Industry and the UAE Federation of Chambers of Commerce and Industry. He also held several other executive positions.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">Saif Al Ghurair passed away on August 27, 2019, after a life filled with achievements recorded not only by his group, but also by the Emirate of Dubai in letters <\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\">\u0645\u0646 \u0630\u0647\u0628.<\/span><\/p>\n<p>.<\/p>\n<h2 style=\"text-align: center;\"><span style=\"font-size: 28px; font-family: 'comic sans ms', sans-serif; color: #00ccff;\">Lessons Learned:<\/span><\/h2>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"><span style=\"color: #ff6600;\">Good management:<\/span> An entrepreneur should have leadership qualities that help them manage their affairs effectively and ensure success.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"><span style=\"color: #ff6600;\">\u062a\u0637\u0648\u064a\u0631 \u0627\u0644\u0639\u0645\u0644:<\/span> A company\u2019s or project\u2019s business plan should be continually refined to strengthen its presence in the market.<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 20px; font-family: 'comic sans ms', sans-serif;\"><span style=\"color: #ff6600;\">Satisfaction and contentment:<\/span> Saif accepted his fate after his right eye was injured, and was determined to see the colors of the world with one eye.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>&nbsp; &nbsp; \u0627\u0644\u0627\u0633\u0645: \u0633\u064a\u0641 \u0627\u0644\u063a\u0631\u064a\u0631 \u0627\u0644\u062c\u0646\u0633\u064a\u0629: \u0625\u0645\u0627\u0631\u0627\u062a\u064a \u062a\u0627\u0631\u064a\u062e \u0627\u0644\u0645\u064a\u0644\u0627\u062f: \u0639\u0627\u0645 1924 \u062a\u0627\u0631\u064a\u062e \u0627\u0644\u0648\u0641\u0627\u0629: 27 \u0623\u063a\u0633\u0637\u0633 2019. \u0627\u0633\u0645 \u0627\u0644\u0634\u0631\u0643\u0629: \u0645\u062c\u0645\u0648\u0639\u0629 \u201c\u0627\u0644\u063a\u0631\u064a\u0631\u201d \u0644\u0645 \u064a\u0643\u0646 \u064a\u0639\u0644\u0645 \u0623\u0634\u0647\u0631 \u0631\u062c\u0627\u0644 \u0627\u0644\u0625\u0639\u0645\u0627\u0644<span class=\"excerpt-hellip\"> [\u2026]<\/span><\/p>\n","protected":false},"author":3,"featured_media":20665,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_ibtdi_aa_focus_keyword":"","_ibtdi_aa_secondary_keywords":"","_ibtdi_aa_audience":"","_ibtdi_aa_tone":"","_ibtdi_aa_summary":"","_ibtdi_aa_reviewer_name":"","_ibtdi_aa_reviewer_bio":"","_ibtdi_aa_reviewer_url":"","_ibtdi_aa_reviewed_date":"","_ibtdi_aa_service_id":"","_ibtdi_aa_related_ids":"","_ibtdi_aa_human_reviewed":"","_ibtdi_aa_disable":"","_ibtdi_aa_disable_links":"","_ibtdi_aa_sources":"","_ibtdi_aa_update_notes":"","footnotes":""},"categories":[491],"tags":[19712,20494,860,4764,20495,20496,20498,1826,20497],"class_list":["post-20664","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-491","tag-19712","tag-20494","tag-860","tag-4764","tag-20495","tag-20496","tag-20498","tag-1826","tag-20497"],"_links":{"self":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts\/20664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/comments?post=20664"}],"version-history":[{"count":0,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts\/20664\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/media\/20665"}],"wp:attachment":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/media?parent=20664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/categories?post=20664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/tags?post=20664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}