IEM boosts EuroStar rental fleet with 100+ MG models tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.
Rami Khalid Al-Turki is the president and CEO of Khalid Ali Al-Turki & Sons Holding Co. (Al-Turki Holding) in Alkhobar, Saudi Arabia.
Al-Turki holds chairmanship and directorship positions in various companies under Al-Turki Holding. For instance, he is the chairman of Applus Velosi Saudi Arabia, Element Saudi Arabia, Saudi Readymix, the largest supplier of concrete products in the Kingdom, and the cement and cementitious materials trading company Masheed.
He is also the executive vice chairman of Nesma & Partners Contracting Co. and chairs Al-Turki’s distribution and retail subsidiaries in Egypt, i2 and URC.
Al-Turki was recently appointed a board member at King Fahd Causeway Authority. The authority is responsible for the management of King Fahd Causeway linking Saudi Arabia and Bahrain, offering a full spectrum of services, including operations, maintenance and inspection services.
Dubai: Family-owned businesses are often recognised as prominent participants in not only the GCC, but also in the wider global economy. But how did they come about playing an influential role, operate in the UAE and what makes them different from conventional businesses structures?
What is a family business? A family business is any business in which two or more members of the same family are involved and most of the ownership or control lies within such a family.
Family businesses, and their role in the Gulf
Family businesses have a long history in the Gulf and are considered key to nearly every economy in the region, with research showing that they account for a large chunk of the GCC’s non-oil gross domestic product growth.
MG Motor and Inter Emirates Motors (IEM), the brand’s official distributor in the UAE, have announced the opening of three brand new showrooms across the Emirates.