Established in 1918 in the U.A.E, the Gargash Group today operates across four verticals: automotive, real estate, financial service, and F&B. The group represents international brands, including Alfa Romeo, Mercedes-Benz, SIXT Rent a Car, and SIXT Leasing & SIXT Limousine. It established Daman Investments in 1998, which provides asset management, advisory, brokerage, and wealth management solutions to its clients and had $500 million in assets under management spread across 90 core investments as of July 2023. In January 2024, the company inaugurated a Mercedes-Benz brand center in Dubai’s Design District.