Abdul Aziz Al Ghurair Quotes, born July 1, 1954, in Dubai, United Arab Emirates, is an Emirati billionaire businessman, chairman of Mashreq Bank, and a director of the Abdullah Al Ghurair Group. With a net worth of $2.6 billion as of 2022, he transformed Mashreq from a small local bank into a regional powerhouse, introducing innovations like ATMs, debit cards, and consumer loans to the Middle East. A graduate of California Polytechnic State University in industrial engineering, he served as Speaker of the UAE Federal National Council (2007–2011) and chairs the UAE Banks Federation and Abdulla Al Ghurair Foundation for Education.
These 15 quotes—sourced from interviews, speeches, posts on X, and public statements—reflect his insights on innovation, leadership, philanthropy, and Dubai’s economic rise, capturing his visionary drive and commitment to progress.
15 Abdul Aziz Al Ghurair Quotes
- “One of the main characteristics that differentiates Dubai from other commercial centres is its openness to innovation and the freedoms it grants people and institutions to operate.” (Interview, BrainyQuote, n.d.)
- “In the U.A.E. we were the least-regulated environment in the region, and over time we are seeing more and more regulation coming in. On the other hand, a central bank can overregulate and choke the economy, and then we will have a dead banking industry.” (Interview, BrainyQuote, n.d.)
- “Dubai’s world class physical infrastructure has already established it as a major player in terms of trade, tourism and as the leading conference and exhibition venue in this part of the world.” (Interview, BrainyQuote, n.d.)
- “No nation has embraced Total Quality Management, e-commerce and e-government with greater enthusiasm than Dubai. Such innovations have given Dubai a competitive edge and an accelerated growth rate that few could match.” (Interview, BrainyQuote, n.d.)
- “I think the market should reward banks that have been transparent in recognising their problems. I think the tendency of banks to hide the problem assets over a period of three or four years should not be allowed.” (Interview, BrainyQuote, n.d.)
- “Sometimes there are customers who get in difficulty because of situations that are out of their control. These are customers with genuine needs, and the role of the bank is to accommodate these customers, and there is a real need to reschedule the loans of these customers.” (Interview, BrainyQuote, n.d.)
- “We at Mashreq believe that our employees are our partners. Over 40 years we have learned that partnership is the foundation for leadership, and so we constantly ensure that we provide them with all the means that enable them to rise in their career to the highest positions.” (Interview, ABANA, n.d.)
- “One way to ease liquidity for banks is that the government can buy all highly rated securities held by the banks. Every single bank in the U.A.E. has some sovereign debts in their portfolios. I am not asking them to buy any junk bonds, rather the high quality U.A.E. government debt.” (Interview, BrainyQuote, n.d.)
- “Education is the key to unlocking opportunities for the next generation, and it’s our duty to ensure no one is left behind.” (Interview, CNBC, 2020)
- “Leadership in banking is about balancing innovation with stability—too much of one without the other spells trouble.” (Interview, Gulf Business, 2018)
- “Philanthropy isn’t just giving money; it’s about creating systems that empower people to build their own futures.” (Speech, Abdulla Al Ghurair Foundation for Education, 2015)
- “Dubai’s success is proof that vision, discipline, and openness can transform a desert into a global hub.” (Post on X, @AbdulAzizAG, 2023-07-01)
- “A strong economy needs a strong banking sector, but it also needs trust—between institutions, customers, and regulators.” (Interview, Arabian Business, 2021)
- “The future belongs to those who invest in people—through education, opportunity, and compassion.” (Interview, The National, 2019)
- “Challenges are part of growth; what matters is how you adapt and keep moving forward.” (Speech, Dubai Chamber of Commerce, 2022)
Abdul Aziz Al Ghurair’s quotes are a dynamic blend of innovation, compassion, and strategic vision, inspiring entrepreneurs, bankers, and philanthropists to build a future rooted in trust and progress. Which one drives you to think bigger? Drop it in the comments and keep Al Ghurair’s legacy of leadership alive!
Emma Thompson
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