Several retailing deals with fashion outlets have helped nearly double the familys wealth over the last few years. Founded in 1979, Al Tayer Group represents some of the worlds most renowned brands in the automobile, fashion, jewellery, perfumes & cosmetics, as well as business & service sectors in United Arab Emirates.
The Al Tayer Group is a family-owned business comprising more than 20 companies. One of the most prominent is Al Tayer Motors, run by Saeed Humaid Al Tayer. The division was established in 1982 and now represents major European and American car makers, including Land Rover, Jaguar, Ford, Lincoln and Ferrari. Another success story has been Obaid Humaid Al Tayer Engineering, which was formed in 1981 at the start of the UAEs construction boom. It is involved in several water, sewage and power generation projects.
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