Leading UAE bank Mashreq was named "Best Bank in the UAE" for the fourth time in the last 16 years at the 2008 Euromoney Awards for Excellence Middle East held at Madinat Jumeirah on Wednesday 11 June 2008. The company’s CEO, Abdul Aziz Al Ghurair, was given the “QFC Euromoney Award for Outstanding Contribution to Financial Services in the Middle East” for his work in promoting the UAE banking industry. “Euromoney was impressed by the growth evident in all aspects of Mashreq’s business – it has one of the strongest consumer franchises in the UAE” said Euromoney Magazine CEO Simon Brady. “Mashreq was selected as this year’s best UAE bank, based on key criteria such as transaction volume, market share, customer service, competitive pricing and innovative technologies.”
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