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Abdul Aziz Al Ghurair
& family – Finance & Banking – UAE
Main Page: Top 100
Billionaires 2006
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Billionaires 2006 > Abdul Aziz Al Ghurair & family
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Abdul Aziz Al Ghurair & family
Industry - Finance & Banking
Citizenship - UAE
Age - 52
Net worth (US $ billion) - 6.9
Country of Residence - United Arab Emirates
Content
derived from Wikipedia article Abdul Aziz Al Ghurair
Abdul Aziz Al Ghurair
Abdul Aziz Al Ghurair (born 1954), of the
United Arab Emirates, is the
Chief Executive Officer of the publicly traded MashreqBank, the family's most
valuable holding -- worth an estimated $8 billion.
Head of Mashreqbank, a leading United Arab Emirates commercial bank founded by his father during the Gulf's first oil
boom in the 1960's. Bank profits were down across the region this year, but
family's diverse holdings in real estate, cement, contracting, publishing and
petrochemicals, among others, has helped soften the blow. Food division,
headed by brother Essa, includes the Middle East's second-largest flour mill and ubiquitous Masafi mineral water.
Al Ghurair chairs Arab Business Angels Network, a nonprofit that funds startups
by young Arab entrepreneurs.
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Credits & Copyright: This page is licensed under the GNU Free Documentation
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