Our story

Over a decade ago, NED Investment, formerly known as Etjar Investment, was established under the leadership of Mr. Abdul Aziz Abdulla Al Ghurair as an independent branch of Al Ghurair Group that focuses and specializes in leasing self-owned properties in Dubai.

Currently spearheaded by his son, Mr. Saood Al Ghurair, NED® Properties is constantly shaping the leasing industry for over a decade, delivering exceptional customer service and an astounding residential and commercial portfolio in Dubai’s prime locations.

Carrying over the prestigious and prominent Al Ghurair DNA, NED® Properties started developing its own projects with the vision of delivering exceptional and luxurious real estate developments that brings out the best living experience anywhere in the city.

H.E. ABDULAZIZ ABDULLA AL-GHURAIR

Chairman, NED

H.E Abdul Aziz Al Ghurair is an Emirati businessman and owner of NED Investment Group and Abdullah Al Ghurair Group of Companies, one of the largest business groups in the Middle East, with operations spanning more than 20 countries and business roots stretching back half a century. 

Under his leadership as  CEO  of Mashreq Bank  for nearly 30 years, the small local bank grew to become  a leading customer centric financial institution in the region known for its innovative products and services. He was elected as a speaker on the United Arab Emirates Federal National Council (UAE Parliament), from 2007 until 2011. Previously, he sat on the Board of Directors of major companies such as Emaar, Dubai Investments, Visa International, MasterCard, Dubai Chamber of Commerce and Industry and Co-Chairman of the Arab Business Council-World Economic Forum (WEF).

He was also a member of the Consultative GCC Council for the GCC Leaders and President of The Knowledge Fund, and a member of the Board of Trustees of New York University, USA. His Excellency holds an Honours’ Degree from the California Polytechnic State University in Industrial Engineering.

Saood Al Ghurair

CEO, NED

The pursuit of entrepreneurial excellence coupled with a visionary mindset comes to distinguish Saood Al Ghurair as a prominent leader in the UAE.

He is currently the Vice Chairman and CEO of Masafi, OTG (On-the-go), NED Properties, and Raas Real Estate. He also serves as an Executive Board Member of Al Ghurair Investment. Saood’s strong focus on people, innovation, and optimization has established these businesses as market leaders, ready for the future.

Embodying the ethos of “nothing is impossible”, Saood has an unwavering commitment to the National Agenda and the future growth of the UAE. This, together with Saood’s passion for building businesses from scratch, is reflected in his new-age, sustainable, investments across education, healthcare, retail, ecommerce, and family entertainment.

Saood and the Al Ghurair Group are champions of UAE heritage & vision, creating unique and meaningful opportunities to all partners.

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