ETA Star Group

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ETA Star Group is an investment company headquartered in Dubai, United Arab Emirates. It is a joint-venture between Al Ghurair and Tamil entrepreneur and philanthropist B.S. Abdur Rahman. [1] [2]

Contents

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. [3] 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. [4]

Investments

ETA has invested in nearly 100 divisions including General, an air conditioning manufacturer, in India. [5] [ citation needed ]

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. [6]

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References

  1. "Joint venture with Tamil entrepreneurs". Arabianbusiness.com. 2007-09-18. Retrieved 2012-06-26.
  2. ""UAE group to invest Dh500m in power plant," Khaleej Times, October 7, 2007". Khaleejtimes.com. 2007-10-07. Retrieved 2012-06-26.
  3. ""Bidding adieu to B-school," The Telegraph, July 20, 2008". Telegraphindia.com. 2008-07-20. Archived from the original on July 31, 2008. Retrieved 2012-06-26.
  4. ""ETA Star Group," Maktoob Business". Business.maktoob.com. Retrieved 2012-06-26.
  5. "أخبار عاجله - TOP Shop". smart7line.net (in Arabic). 2024-08-29. Retrieved 2024-09-26.
  6. McNair Chambers, ENGLISH COMMERCIAL COURT REVIEWS JURISDICTION CLAUSES, published 8 July 2014, accessed 26 June 2023