Abdul Latif Galadari

Abdul Latif Galadari
Abdul Latif Galadari (right) with son Suhail Galadari
Born
Abdul Latif Ebrahim Galadari

1939
Dubai, United Arab Emirates
Died9 March 2002(2002-03-09) (aged 62–63)
Karachi, Pakistan
EducationUAE
OccupationHead of "Galadari Brothers LLC"
Known forInvestments, industry, media outlets (most notably Khaleej Times)
RelativesSuhail Galadari (son),
Mohammed Abdul Latif Galadari (son),
Ibrahim Abdul Latif Galadari (son)

Abdul Latif Galadari (1939 – 9 March 2002) was an Emirati businessman. He was the youngest son of Ibrahim Galadari. Abdul Latif, Along with his elder brother, Abdul Rahim, headed the Galadari Group, a business group.[1]

Personal life

Abdul Latif Galadari was born in 1939 in Iran, as the youngest son of Ebrahim Galadari and grandson of merchant Hassan Galadari. The business tradition stretched as far back as his grandfather, Hassan Galadari, who was a businessman in 1879. As a young man, Abdul Latif Galadari studied in UAE.[2]

Business

The Galadari Brothers Group was founded by Abdul Rahim E. Galadari, Abdul Latif E. Galadari, and Abdul Wahab E. Galadari in the early 1960s. This group established a number of companies.[1] The three brothers were also involved in the gold business, which had made them multimillionaires by the 1970s.[3] Abdul Latif Galadari and his two brothers were well placed to take advantage of Dubai's 1970s Oil Boom. Together they started a major conglomerate, building the Intercontinental Hotel, opening Dubai Bank, establishing a Mazda Vehicle Dealership, starting Dubai's first English Language Daily Newspaper - the Khaleej Times - and opening a string of construction, engineering, and trading companies.[4]

He also started GICC, which is the flagship company of the Galadari Brothers Group. GICC is the master franchisee for the Baskin-Robbins brand in the GCC, and is the world's largest franchisee for Baskin-Robbins with close to 700 stores spread across the UAE, Saudi Arabia, Oman, Bahrain, Qatar and Kuwait. GICC has been the first company to introduce an international brand of ice cream in the area and has the largest store network in the Quick Service Restaurants (QSR) industry in the Persian Gulf region.[5][6] The Galadari Group Head Office is in Dubai. In 2015, the Galadari Brothers ranked 27th on a Forbes list of companies in the Middle East.[7]

Abdul Latif Galadari (right) with brother Abdul Rahim Galadari

Death

Abdul Latif Galadari died due to a heart attack at his residence in the PECHS neighbourhood of Karachi, Pakistan, at the age of 62 on 9 March 2002.[8][9] The body was flown to Dubai and was buried at the Al Qouz graveyard. The funeral was attended by his nephew Mohammed Abdul Rahim Galadari, his son Suhail Galadari and members of business community, relatives and friends.[10]

References

  1. ^ a b "Rich List - The Galadari Family". ArabianBusiness.com. Archived from the original on 3 September 2017. Retrieved 26 December 2019.
  2. ^ "Rich List". ArabianBusiness.com. Retrieved 15 July 2015.
  3. ^ "Arabbay- Buy Sell Bid Classified And Auction". ArabBay. Retrieved 8 July 2020.
  4. ^ "AW Galadari Dubai's First Bankrupt 1983". Dubaiasitusedtobe.com. Retrieved 15 July 2015.
  5. ^ Co, Galadari Ice Cream. "Galadari Ice Cream Company Receives "Developer of the Year" Award from Dunkin' Brands". www.prnewswire.com. Retrieved 8 July 2020.
  6. ^ "J.D :: Galadari Rent A Car". Jd.ae. Retrieved 15 July 2015.
  7. ^ "Galadari Brothers - Top Companies in the Arab World 2015". Forbes Middle East. Archived from the original on 13 July 2015. Retrieved 15 July 2015.
  8. ^ "Galadari passes away | GulfNews.com". Archived from the original on 12 July 2015. Retrieved 15 July 2015.
  9. ^ "Latif Galadari passes away". Dawn. 10 March 2002. Retrieved 4 April 2019. According to family sources, Mr Galadari suddenly collapsed at his PECHS residence at 7.30pm. He was rushed to Aga Khan Hospital where doctors declared him dead on arrival.
  10. ^ "Galadari passes away". GulfNews.com. 11 March 2002. Archived from the original on 12 July 2015. Retrieved 15 July 2015.

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