Abdullah bin Ahmed Al Ghurair
Emirati businessman and billionaire
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Name in Arabic:
عبد اللَّه الغرير
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Nationality:
Emirati
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Country of Residence:
United Arab Emirates
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Biography
Abdullah bin Ahmed Al Ghurair's Bio
Provided by Manhom
Emirati businessman and billionaire.
He is the Goodwill Ambassador of the Arab Educational, Cultural and Scientific Organization (ALECSO), and Chairman of the Board of Directors of the Al Ghurair Investment Group.
He was a member of the Board of Directors of “Mashreq Bank” between 2019 and 2021. He also served in the same bank as Chairman of the Board of Directors between 1996 and 2019, and General Manager. He also chaired the Board of Directors of the “National Cement Company.”
Abdullah and his billionaire brother Saif descend from a prominent business family in the Emirates. One of their most prominent investments is “ Mashreq Bank ”, which was founded in 1967 by Abdullah Al Ghurair, and today it has become one of the largest banks in the Arab world.
Al Ghurair and his family have a fortune estimated at about $6.4 billion, according to Forbes magazine, which ranked him fourth richest in the Arab world in 2015.
He ranked first in the United Arab Emirates and 296th in the world, on Forbes’ list of the world’s richest people for 2018, which included 7 Emirati businessmen, with a fortune amounting to 5.9 billion US dollars from his various businesses.
In July 2015, Al Ghurair announced that he had donated a third of his wealth to an educational foundation for charitable purposes. Al Ghurair announced the establishment of the “Abdullah Al Ghurair Foundation for Education,” which aims to provide the young generation in the Arab world with the necessary competencies and skills to qualify them to be future leaders and provide them with the competencies and capabilities required to contribute to the renaissance and building of their societies. Al Ghurair stated in a press conference that the Foundation initially aims to spend 4.2 billion dirhams. ($1.1 billion) over the next ten years to educate needy Emirati and Arab youth.
He is the Goodwill Ambassador of the Arab Educational, Cultural and Scientific Organization (ALECSO), and Chairman of the Board of Directors of the Al Ghurair Investment Group.
He was a member of the Board of Directors of “Mashreq Bank” between 2019 and 2021. He also served in the same bank as Chairman of the Board of Directors between 1996 and 2019, and General Manager. He also chaired the Board of Directors of the “National Cement Company.”
Abdullah and his billionaire brother Saif descend from a prominent business family in the Emirates. One of their most prominent investments is “ Mashreq Bank ”, which was founded in 1967 by Abdullah Al Ghurair, and today it has become one of the largest banks in the Arab world.
Al Ghurair and his family have a fortune estimated at about $6.4 billion, according to Forbes magazine, which ranked him fourth richest in the Arab world in 2015.
He ranked first in the United Arab Emirates and 296th in the world, on Forbes’ list of the world’s richest people for 2018, which included 7 Emirati businessmen, with a fortune amounting to 5.9 billion US dollars from his various businesses.
In July 2015, Al Ghurair announced that he had donated a third of his wealth to an educational foundation for charitable purposes. Al Ghurair announced the establishment of the “Abdullah Al Ghurair Foundation for Education,” which aims to provide the young generation in the Arab world with the necessary competencies and skills to qualify them to be future leaders and provide them with the competencies and capabilities required to contribute to the renaissance and building of their societies. Al Ghurair stated in a press conference that the Foundation initially aims to spend 4.2 billion dirhams. ($1.1 billion) over the next ten years to educate needy Emirati and Arab youth.
