Today, BAG stands as one of the prominent business organizations in UAE, with business activities ranging from the commercial sector, which appeared in the 1960s, to printing and publishing, distribution and advertisement, oil services, banking and insurance in the 1970s. In the 1980s and the 90s the company expanded further in construction, finance, investment, industrial, travel and tourism and real estate activities, with significant presence in information technology.

BAG started operation at a time when the UAE was in need of investment companies to participate in the development of the country and to enhance the welfare standard of the population, before UAE started to export petrol in the 1962. The Group found itself under these circumstances obligated to invest in different economic fields in order to participate in building the economy of UAE in particular and the economy of the Middle East countries in general.

His Excellency Rashid Bin Aweidha Al Qubaisi is the full name of the Group founder who is a member of the Qubaisi family, which has a wide influence in the UAE, as many of the distinguished persons in the country belong to this family such as, the President of Abu Dhabi Municipality, the ex- minister of Information and other prominent statesmen. His Excellency Rashid Bin Aweidha is one of those men who had a remarkable influence in the history of the UAE as he was, before the establishment of the State and after its establishment, one of the prominent politicians and businessmen who accompanied the President of the UAE and the Crown Prince in their various visits to most countries of the world and in attending meetings and international economic, commercial and political conferences.