Haj Saeed Bin Ahmed Al Lootah passes away

HE Al Lootah was credited for his leading efforts towards establishing the region's first contracting company

Haj Saeed Bin Ahmed Al Lootah, chairman of S.S. Lootah Group passes away
@HamdanMohammed | Twitter
Haj Saeed Bin Ahmed Al Lootah, chairman of S.S. Lootah Group passes away

HE Haj Saeed Bin Ahmed Al Lootah, former chairman of Dubai-based S.S. Lootah Group, which owns ventures across key industries including construction, real estate, energy, food and hospitality, and financial services, among others, has passed away.

HE Al Lootah was credited for his leading efforts towards establishing the region's first contracting company, S.S. Lootah Contracting Company, which was born out of a family joint venture in 1956; UAE's first medical college; and the first Islamic bank in the world, Dubai Islamic Bank.

Vice President and Prime Minister of UAE and Ruler of Dubai, HH Sheikh Mohammed bin Rashid Al Maktoum, paid his respects to HE Al Lootah, addressing him as a "symbolic merchant".

In addition, Crown Prince of Dubai, HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, offered his condolences, adding that, HE Al Lootah "left an exceptional footprint in sponsoring orphans that will remain immortal in the memory of many."

 

S.S. Lootah Group's construction businesses include S.S. Lootah Contracting Company; S.S. Lootah Readymix Concrete; S.S. Lootah Foundations and Material Lab Dubai. The group also provides real estate services through its company S.S. Lootah Real Estate.

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