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.
Abdul Aziz Al Ghurair is a prominent Emirati businessman and philanthropist. He is the CEO of Mashreq Bank and the Chairman of Al Ghurair Group, a diversified conglomerate. Al Ghurair's contributions to the business sector and his philanthropic efforts have earned him recognition and respect in the United Arab Emirates and beyond.