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Abdulla bin Ahmad Al Ghurair & family

Abdulla bin Ahmad Al Ghurair & family

0% | $ 0M
A. family
Rank
#0
Net Worth
$00.0B
Gender
Male
Age
95Y
Country
United Arab Emirates
Born On
January, 1930
Deceased
No
Relationship Status
Married
Children
5
Education

Unknown

Designation Info :

Self-Made
No
Type
Family Wealth (Founded Major Bank)
Organization Name
Mashreqbank
Title
Founder & Chairman
Source

Mashreqbank

Industry
Finance, Banking, Real Estate, Food, Construction

About A. family


A bdulla bin Ahmad Al Ghurair is a foundational figure in the economic history of the United Arab Emirates, best known as the founder of Mashreqbank, one of the country's most successful and innovative financial institutions. Hailing from a prominent Dubai-based business family, he launched the bank in 1967, just a few years before the formation of the UAE. Under his guidance, Mashreqbank grew from a small local bank into a leading regional institution, pioneering services like ATMs and credit cards in the country and setting a standard for customer-centric banking.

Beyond his monumental contributions to the financial sector, his family's influence is woven into the fabric of the UAE's industry. The broader Al Ghurair Group has diverse interests in food, construction, and real estate, operating major enterprises like the Al Ghurair Centre, the first modern shopping mall in the Middle East. A dedicated philanthropist, Abdulla Al Ghurair pledged one-third of his group's assets to the Abdulla Al Ghurair Foundation for Education in 2015. This initiative, one of the largest privately funded philanthropic efforts in the Arab world, aims to provide educational opportunities to thousands of Emirati and Arab youth, securing his legacy not only as a business titan but also as a transformative social benefactor.

Quick Reads


  • Founded Mashreqbank in 1967, one of the UAE's oldest and largest private banks.
  • His family's Al Ghurair Group has interests in food, construction, and real estate.
  • Opened the Al Ghurair Centre, the first modern shopping mall in the Middle East.
  • Pledged one-third of his wealth to establish the Abdulla Al Ghurair Foundation for Education.
  • His brother, Saif Al Ghurair, who passed away in 2019, was also a prominent billionaire.

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