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Al Ghurair trained as an industrial engineer and earned a bachelor's degree from California Polytechnic State University.He joined Mashreq in 1977, and worked in various capacities until 1988, and he took over responsibility for the bank's international operations, setting up branches in New York, London, Bahrain, Qatar, Egypt, India and Pakistan.
Al Ghurair Group (Arabic: مجموعة سيف الغرير), also known as Saif Al Ghurair Group, is a Dubai, ... (later Mashreq Bank) in Dubai 1967. [13]
Al Ghurair is a member of a prominent Emirati business family. His brother Saif Ahmad Al Ghurair (1924–2019), was a fellow billionaire and head of the Al Ghurair Group. [2] In 1967, Al Ghurair founded Mashreqbank. [3] In October 2019 he stepped down as Chairman, but remained as a board member.
Al Ghurair (Arabic: الغرير) was established in 1960. Al Ghurair is one of the largest diversified family business groups in the Middle East , with six key business units: Foods , Resources , Properties , Construction , Mobility and Ventures, including Auto Servicing & Trading, Retail and Education ( Dar Al Marefa ).
Al Ghurair has chaired the Al Ghurair board since 2008, [3] and since 2003 has been a board member of Abdul Rahman Saif Al Ghurair Investments and Mashreq Bank, [4] the oldest privately held bank in the Emirates. He has been a member of the Dubai Economic Council since 2003. [5]
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In 1960, he founded the Al Ghurair Group, a company which has interests in banking, steel and packaging. [3] [4] The group invested in real estate, retail and manufacturing. [2] In 2004, his group opened a second Burjuman Centre with an office tower, hotel and luxury service apartments. [2] He was also a significant shareholder in Mashreq. [3]