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Mashreq (Arabic: بنك المشرق) is the oldest privately owned bank in the United Arab Emirates and one of the oldest banking institutions in the Middle East. [4] Founded as the Bank of Oman in 1967, it now offers online banking and e-commerce .
Therefore Sirtica or the Gulf of Sidra is considered the dividing point between the Maghreb and Mashreq within the Arab world. [6] [7] These geographical terms date from the early Islamic expansion. The Mashriq corresponds to the Bilad al-Sham and Mesopotamian regions combined. [12] As of 2014, the Mashriq is home to 1.7% of the global population.
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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.
Levant (disambiguation), an approximate historical geographical term referring to a large area in the Eastern Mediterranean region of Western Asia Middle East (disambiguation), in its narrower sense includes the Mashriq countries
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]
Ali Rashid Ahmad Lootah (Arabic: عَـلِي رَاشِـد أَحْـمَـد لُـوْتَـاه) is the vice chairman of Mashreq bank and former chairman of Nakheel, [1] a property development company in Dubai, United Arab Emirates. [2] [3]
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