Ginco Group

Ginco Group

Ginco Group traces its roots to 1975, when Gheyath Mohammad Gheyath launched an engineering contracting business that would quietly build the balance sheet now held by the family. Unlike most Middle Eastern family offices that were founded on trading, oil, or financial services, Ginco's wealth stems from the physical construction of the UAE's built environment. Today, second-generation leadership has formalised the group into distinct operating divisions — GINCO Investments and GINCO Properties — while keeping the family's signature on every part of the portfolio. Ginco operates across three core verticals: real estate development, metal manufacturing, and information technology. Its property portfolio holds a concentrated portfolio of residential and mixed-use projects, including Velor Tower, VYB, and Prive Residence in Dubai, as well as a JW Marriott Residences project on Al Marjan Island in Ras Al Khaimah. The group's manufacturing arm supplies metal products for regional infrastructure, while the IT division services both internal and third-party technology needs. Ginco also maintains a strategic partnership with Dubai Holding Real Estate, collaborating on master-planned developments such as Palm Jebel Ali. Its technology posture is informed by the firm's role in establishing the first Techstars Accelerator in the MENA region, a direct startup engagement mechanism unusual for a family office anchored in heavy industry. Privately held with no public AUM disclosures, Ginco does not report headcount or aggregate deployment figures. Its principals manage a portfolio of at least nine identified real estate assets alongside operating subsidiaries, with additional lifestyle assets including a private jet and a superyacht. The family participates in philanthropic campaigns under the Mohammed bin Rashid Al Maktoum Global Initiatives umbrella, including the Edge of Life Campaign and the Mothers' Endowment Campaign. Recent years have seen the group expand from its Business Bay and Downtown Dubai core into Dubai Hills Estate and Jumeirah Village Circle, signaling a diversification of residential product types across price points. The structural differentiator for Ginco is its vertical integration: the founding family still owns the general contracting capability that builds many of its own projects, compressing costs and timelines in ways that are unavailable to pure financial allocators. This operating-company DNA, combined with concentrated decision-making within the Gheyath family, creates an investment posture that can move from land acquisition to completed tower without the friction of external JV partners or third-party developers.