He is the founder and chairman of Mashreq Bank, one of the largest banks in the UAE. He also owns a large stake in the Dubai-based Al Ghurair Group, a conglomerate with interests in construction, real estate, manufacturing, and retail. His other investments include stakes in the Dubai Financial Market and the Abu Dhabi Securities Exchange.
Abdul Aziz Al Ghurair is a member of Sheiks
💰Abdul Aziz Al Ghurair Net worth: $7.5 Billion
He is the current CEO of Mashreq Bank. In the 1960s, during the first wave of economic growth in the UAE, fueled by the vast oil reserves discovered under its sand, Abdul Aziz Al Ghurair's father founded the bank. Since then, the company has expanded into a successful conglomerate, with real estate, publishing, construction, food, and petrochemical holdings. In addition to his work with Mashreq, he also helms the Arab Business Angels Network, a venture capital group focused on Arab startups, and serves as the Speaker of the House for the Federal National Council. He has plans to step down from government next year, in order to focus on his business interests. He is reportedly considering investing in Libya, as he already controls 50% of Libya's largest oil refinery.
