Mashreq Gold and The Flying House Support Emirati Talent
24 May 2008
Dubai,United Arab Emirates,24 May 2008: Mashreq Gold, the premier banking service of Mashreq, today announced its tie-up with The Flying House in an effort to reinforce its commitment to support talented Emirati artists. The Flying House is a non-profit institution that promotes contemporary Emirati artists and houses a collection of artwork from Emirati avant-garde to the latest modern works.
“We’re very delighted to team up with Mashreq Gold in our pursuit of exposing UAE contemporary art to the public,” said Abdul Raheem Sharif, Founder and CEO of The Flying House. “It’s energizing to know that there are organizations like Mashreq that recognize the importance of promoting our local art culture.”
As part of their commitment to society, Mashreq Gold will exhibit the work of some of The Flying House artists’ work in its Gold Center in Dubai Internet City. Mashreq Gold customers will have the chance to view and purchase the displayed works which will be updated frequently by The Flying House.
“The UAE has a rich art culture that has yet to be fully appreciated,” said Omar Asghar, Head of Wealth Management, Mashreq. “We are extremely excited about our new partnership with the Flying House and look forward to providing a platform that makes Emirati art and artists more accessible to our customers.”
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About Mashreq Gold
Mashreq Gold is a service for its discerning accountholders who appreciate personalized relationship management, and would like to work with a leading bank like Mashreq to grow their personal wealth with global and regional financial products. The benefits and rewards those are not just financial. We offer a variety of other benefits and services that will help customers save time by bring banking services directly to them, no matter where they are. Mashreq Gold offers convenience through mobile banking, dedicated phone banking, and easy internet access. Mashreq Gold is a service available at designated lounge areas in Dubai, Abu Dhabi, Sharjah in UAE, Doha in Qatar, and Manama, Bahrain.
About Mashreq
Mashreq is the largest private bank in the UAE and also the second oldest. Founded in 1967 as Bank of Oman, the bank has played a pioneering role in the industry, particularly in retail banking. Among its many firsts it was the first to launch such products as travellers’ cheques, credit cards and ATMs.
It is invariably among the highest performing banks in the region. This year it recorded a Net Profit of over AED 460 million. At the end of this year’s first quarter its Total Assets stood at AED 94.1 billion.
Mashreq has received numerous international awards, particularly for quality management. According to independent research it has more ISO certifications than any bank in the region by a wide margin. It’s most recent acknowledgement was the Best Bank in the UAE 2008, from Euromoney.
As a leading financial Institution in the UAE Mashreq aims to be world class in every facet of its business, including its social responsibility to the community it serves. Towards this goal the bank pays particular attention to recruiting, training, developing and retaining UAE National employees.
For further information, please contact:
Saad Hakim | Pooja Keswani |