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Abdul Aziz Al Ghurair's Quotes

Abdul Aziz Al Ghurair profile photo

Born: 1954-11-12
Profession: Businessman
Nation: Emiratis
Biography of Abdul Aziz Al Ghurair

See the gallery for quotes by Abdul Aziz Al Ghurair. You can to use those 8 images of quotes as a desktop wallpapers.
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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 balanced regulation to encourage the economy.

Tags: Concerned, Economy, Encourage

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 exhibition venue in this part of the world.

Tags: Class, Physical, Player

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.

Tags: Problem, Problems, Three

In the past, the West had tried to export one formula of democracy which should fit to the rest of the world, and they discovered that this doesn't work.

Tags: Democracy, Past, Work

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.

Tags: Dead, Hand, Time

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 an accelerated growth rate that few could match.

Tags: Few, Growth, Nation

One of the biggest challenges for the MENA region is unemployment coupled with high population growth rates. The World Bank is committed to supporting infrastructure projects that will help with job creation across the region.

Tags: Help, High, Job

One of the main characteristics that differentiates Dubai from other commercial centres is its openness to innovation and the freedoms it grants people and institutions to operate.

Tags: Commercial, Innovation, Openness

One way to ease liquidity for banks is that the government can buy all highly rated securities held by the banks. Every single bank in the U.A.E. has some sovereign debts in their portfolios. I am not asking them to buy any junk bonds, rather the high quality U.A.E. government debt.

Tags: Government, Rather, Single

Sometimes there are customers who get in difficulty because of situations that are out of their control. These are customers with genuine needs, and the role of the bank is to accommodate these customers, and there is a real need to reschedule the loans of these customers.

Tags: Control, Real, Sometimes

The Central Bank should have a permanent window for discounting high quality securities where banks could go and discount these. It gives peace of mind to the banks. In the absence of this facility, what banks tend to do is to keep a liquidity cushion for emergency requirements. This is a very expensive way of managing liquidity.

Tags: Keep, Mind, Peace

Since you cannot do good to all, you are to pay special attention to those who, by the accidents of time, or place, or circumstances, are brought into closer connection with you.

Tags: Good, Special, Time

Habit, if not resisted, soon becomes necessity.

Tags: Habit, Necessity, Soon

Bad company is like a nail driven into a post, which, after the first and second blow, may be drawn out with little difficulty; but being once driven up to the head, the pincers cannot take hold to draw it out, but which can only be done by the destruction of the wood.

Tags: Bad, Done, May

In doing what we ought we deserve no praise, because it is our duty.

Tags: Deserve, Duty, Praise

The honors of this world, what are they but puff, and emptiness, and peril of falling?

Tags: Emptiness, Falling, Peril

Repentant tears wash out the stain of guilt.

Tags: Guilt, Tears, Wash

The spiritual virtue of a sacrament is like light; although it passes among the impure, it is not polluted.

Tags: Light, Spiritual, Virtue

Custom is second nature.

Tags: Custom, Nature, Second

God is best known in not knowing him.

Tags: Best, God, Him

Blessedness consists in the accomplishment of our desires, and in our having only regular desires.

Tags: Consists, Desires, Regular

If I am given a formula, and I am ignorant of its meaning, it cannot teach me anything, but if I already know it what does the formula teach me?

Tags: Cannot, Ignorant, Meaning

The soul, which is spirit, can not dwell in dust; it is carried along to dwell in the blood.

Tags: Blood, Soul, Spirit

We make a ladder for ourselves of our vices, if we trample those same vices underfoot.

Tags: Ladder, Ourselves, Vices

He fashioned hell for the inquisitive.

Tags: Hell

He who labours, prays.

Tags: Labours, Prays
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Much more quotes by Abdul Aziz Al Ghurair below the page.

The purpose of all war is peace.

Tags: Peace, Purpose, War

The verdict of the world is conclusive.

Tags: Conclusive, Verdict

This world's a bubble.

Tags: Bubble
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