ArabianBusiness.com - Middle East Business News
Tuesday, 24 November 2009 12:19 UAE time

YOUR DIRECTORY /

| Share |

Mashreq opens 16 new branches in Abu Dhabi

by This email address is being protected from spam bots, you need Javascript enabled to view it  on Monday, 24 August 2009
NEW BRANCHES: Mashreq has opened 16 new branches in Abu Dhabi. (ITP Images)

Mashreq Bank has opened 16 new branches throughout Abu Dhabi and Al Ain, the firm said in a statement on Monday.

“Abu Dhabi has always been one of our primary targets for Mashreq's operations, and given the recent market changes and the increase in commercial trade diverted to the capital, our growth plans have been supported,” said Abdul Aziz Al Ghurair, the bank’s CEO.

“Our strategic growth plans remain very much on track, and along with our significant expansion in Abu Dhabi, we have also seen the opening of new regional branches in Egypt, Qatar and Kuwait.”

Story continues below
advertisement

The bank is planning to open a further 10 new ATM machines across the UAE capital, bringing the total to 46.

To support expansion plans, the bank has appointed Ali Moosa as general manager in Abu Dhabi and Al Ain.

He said: “Emiratisation remains as one of Mashreq's top priorities. We are proud to announce that today we have reached 47 percent Emaratisation across all Mashreq branches in Abu Dhabi.”

| Share |


READERS' COMMENTS

Disclaimer: The views expressed here by our readers are not necessarily shared by ArabianBusiness.com or its employees.

Click here to post a comment


Add your Comment
All posts are sent to the administrator for review and are published only after approval. ArabianBusiness.com reserves the right to remove any comment at any time for any reason. Please keep your responses appropriate and on topic.
Arabian Business would like to point out that only comments relevant to the story will be published. Any containing personal insults or inappropriate language will not be approved.
Name *
Remember me on this computer
Email *
(Your email address will not be published)
City
Country
Subject *
Comment *
Notify me of further comments


Please click post only once - your comment will not be published immediately.


MORE FROM ARABIANBUSINESS.COM

SHARE PRICE CHECK

more » MIDDLE EAST MARKETS DATA

MASQ.DFM

Last Price:

91.00

0.000.00%

19 Nov 2009 09:25 GMT
(Market Closed)

RELATED LINKS

  1. Mashreq»

 EMAIL ALERTS

  1. Mashreq

  2. Banking & Finance


CURRENCY CONVERTOR

Tell us your story

READER COMMENTS

  1. Why I h8 junk txts 10
    24 Nov ' 09 at 10:09
    I tried calling the phone company after they woke me too many times in the middle of the night. The person on the line said there was...   More  »
  2. Dubai developers see negative press reports decline 07
    24 Nov ' 09 at 07:48
    How much can one read/write abt one particular event. That’s the only reason the negative writing has gone down no one is interested...   More  »
  3. 'Worrying' diabetes tests raise doubt on UAE's health 05
    24 Nov ' 09 at 09:42
    Not only UAE, now India is also concerned about Diabeties. Me too having this sweet disease, but I handle it with my mind control,...   More  »

Read all user comments >

Gitex 2009

MORE FROM ARABIANBUSINESS.COM