I think the market should reward banks that have been transparent in recognising their problems. I think the tendency of banks to hide the problem assets over a period of three or four years should not be allowed. — Abdul Aziz Al Ghurair Copy Share Image
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… — Abdul Aziz Al Ghurair Copy Share Image
One of the biggest challenges for the MENA region is unemployment coupled with high population growth rates. The World Bank is committed to supporting… — Abdul Aziz Al Ghurair Copy Share Image
No nation has embraced Total Quality Management, e-commerce and e-government with greater enthusiasm than Dubai. Such innovations have given Dubai a competitive edge and… — Abdul Aziz Al Ghurair Copy Share Image
In the past, the West had tried to export one formula of democracy which should fit to the rest of the world, and they… — Abdul Aziz Al Ghurair Copy Share Image
Sometimes there are customers who get in difficulty because of situations that are out of their control. These are customers with genuine needs, and… — Abdul Aziz Al Ghurair Copy Share Image
I think the market should reward banks that have been transparent in recognising their problems. I think the tendency of banks to hide the… — Abdul Aziz Al Ghurair Copy Share Image
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… — Abdul Aziz Al Ghurair Copy Share Image
One way to ease liquidity for banks is that the government can buy all highly rated securities held by the banks. Every single bank… — Abdul Aziz Al Ghurair Copy Share Image
One of the main characteristics that differentiates Dubai from other commercial centres is its openness to innovation and the freedoms it grants people and… — Abdul Aziz Al Ghurair Copy Share Image
Banks are concerned the central bank is imposing too many regulations. If the trend continues, we'll swing to heavy regulation. We need to have… — Abdul Aziz Al Ghurair Copy Share Image
Dubai's world class physical infrastructure has already established it as a major player in terms of trade, tourism and as the leading conference and… — Abdul Aziz Al Ghurair Copy Share Image
The Central Bank should have a permanent window for discounting high quality securities where banks could go and discount these. It gives peace of… — Abdul Aziz Al Ghurair Copy Share Image
