Arabian Business takes an overview of one of the most influential families in the GCC.
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The Al Ghurair family
The $68m cost to rebrand Mashreqbank was ‘more than worth it’, says Abdul Aziz Al Ghurair.
Abdul Aziz with Abdullah Al Ghurair. Mashreqbank started out with an initial AED6m investment 40 years ago.
As the UAE’s first National Federal Council speaker, Al Ghurair attends the body’s inauguration in February 2007.
Al Ghurair Group – owned and led by Saif Al Ghurair’s family – owns and manages the upmarket BurJuman Mall in Dubai, which opened in 1991.
Abdullah Al Ghurair recently signed an agreement to develop a $2.7bn mall within Dubai’s ‘Bawadi’ area.
