All You Need To Know About Abdul Aziz Al Ghurair, History And Businesses

All You Need To Know About Abdul Aziz Al Ghurair, History And Businesses

Abdul Aziz Al Ghurair is among the Billionaires of World since last 6 years. According to Forbes magazine, he is the 420th richest person in the world with estimated net worth of $2.7 million Those who don’t know Abdul Aziz Al Ghurair, well he is the Chief Executive Officer or CEO of Mashreq Bank and his. Mashreq bank is one of the largest commercial banks in UAE initially founded by his uncle Majed Ahmed AlGhurair in 1960s.

Abdul was born on 12 November 1954 in United Arab Emirates. Abdul Aziz is a popular businessman also and deals in real estate, contacting, cement, publishing, petrochemical and residential care businesses also. During the first half of 2017, the profit of Mashreq Bank drops, but due to the businesses run by the family helped to soften this blow. Along with all these, food business is headed by his brother Essa and this division is the second largest firm of UAE of flour mill and Masafi mineral water. Aziz Ghurair is also the chairperson of Arab Business Angels Network, which deals in angel investment funding with startups by some of the Arab entrepreneurs.

From 2007 to 2011, Abdul Aziz was also appointed as the speaker of FNC (Federal National Council) in United Arab Emirates parliament. The restless efforts of the CEO leads Mashreq Bank to increase its profit to 50% in a single year. In 1990, he was appointed as the CEO and this bank in 1990 and he steered up the bank to become world’s best financial services providing institution. Mashreq Bank is the first to launch various eServices in the area such as ATMs, consumer loans, traveler cheques, debit or credit cards, mortages, bancassurance products, reward systems, digital chip credit cards and various other millionaire reward programs.

Businesses

Abdul Aziz was an industrial engineer and completed his honors from California Polytechnic State University. He is the only who is responsible for the international appearance of Mashreq Bank by establishing its branches in Qatar, London, New York, Egypt, Bahrain, India and Pakistan. He is also the owner of Al Ghurair Investment LLC which deals in commodity, food, real estate, construction, printing, energy, education and retail. He is also appointed as the board of directors for Emirates Foundation, Dubai International Financial Centre and Dubai Economic Council. Moreover, Abdul Aziz Al Ghurair is also the chairman of Masafi, Endowment Fund, RAK Petroleum and member of Higher Colleges of Technology, UAE. For any type of more information related to his businesses, drop an email at Abdul Aziz Al Ghurair email id.

Abdul Aziz is the leading supporter of many popular charitable organizations of the world such as UNISCO, UNICEF, UAE Disabled Sports Federation and Planet Finance. He was also awarded with the Lifetime achievement award at CEO Middle East Awards. In fact, he was the one who visited Vatican to meet Cardinal Bertone and Pope Benedict. Abdul was also a social activist and donates a special amount of his revenue to many trusts. If you are also seeking some support from the businessman, contact the staff members at Abdul Aziz Al Ghurair phone number.

Have your say