Mashreq, a UAE-based bank, has unveiled 16 new branches throughout Abu Dhabi and Al Ain, as part of its expansion plans in the capital to roll out 10 new ATM machines in the future.
Additionally, to support the expansions in Abu Dhabi, the bank has also appointed Ali Moosa as general manager in Abu Dhabi & Al Ain. Mr. Moosa has local bank experience in Abu Dhabi and he joined the Mashreq organization seven years ago.
Abdul Aziz Al Ghurair, CEO of Mashreq, said: “Abu Dhabi has always been one of our primary targets for Mashreq’s operations, and given the recent market changes and the increase in commercial trade diverted to the capital, our growth plans have been supported. Our strategic growth plans remain very much on track, and along with our significant expansion in Abu Dhabi, we have also seen the opening of new regional branches in Egypt, Qatar and Kuwait.”
Ali Moosa, general manager, Abu Dhabi & Al Ain, Mashreq, said: “As part of Mashreq’s ongoing commitment to Abu Dhabi’s Economic Vision 2030; there will be an increased focus on the real estate sector. Mashreq has entered into strategic partnerships with leading developers in Abu Dhabi such as Aldar, TDIC & Sorouh, to help customers wishing to invest in property in Abu Dhabi, finance their new homes. Mashreq offers these services throughout its Abu Dhabi branches, using a specilsed team of advisors.”
