{"id":17804,"date":"2016-06-27T16:05:58","date_gmt":"2016-06-27T09:05:58","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=17804"},"modified":"2016-06-27T14:11:07","modified_gmt":"2016-06-27T07:11:07","slug":"mashreq-appoints-acc-to-build-new-downtown-dubai-headquarters","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mashreq-appoints-acc-to-build-new-downtown-dubai-headquarters\/","title":{"rendered":"Mashreq appoints ACC to build new Downtown Dubai headquarters"},"content":{"rendered":"


\nThe Dubai-based bank Mashreq has appointed Arabian Construction Company (ACC) to build its new headquarters building in Downtown Dubai.Mashreq will relocate from its current base near the Al Ghurair Centre in Deira to the new site at the junction of Financial Centre Road and Mohammed Bin Rashid Boulevard once construction of the tower completes. ACC is due to begin building work in December under a 28-month contract, with the tower due for completion in April 2019.Mashreq announced plans for its move in January this year. The bank, which was established in 1967, has appointed Chicago-based Skidmore Owings & Merrill \u2014 the practice which designed Burj Khalifa \u2014 as architect.It has designed an L-shaped building that will be 151 metres tall, containing four basement levels, one ground and 35 upper floors that will have a built-up area of 71,292 square metres.Abdulaziz Al Ghurair, the chief executive of Mashreq, said: “Dubai is obviously a major hub for us, and the new development both reflects its status as a burgeoning financial capital, and underpins our belief in the prospects for the local economy.”Securing the contract to build Mashreq’s new headquarters is the latest of several major new contract wins for ACC. Within the past two months, the company has won contracts to build the 63-storey Boulevard Point tower in Downtown Dubai for Emaar Properties and a deal to build two apartment towers for Emaar’s Saudi Arabian subsidiary, Emaar Middle East, at the Jeddah Gate development. It has also picked up a $200m (Dh735m) contract to redevelop a children’s cancer hospital in Egypt.mfahy@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Mashreq appoints ACC to build new Downtown Dubai headquarters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Dubai-based bank Mashreq has appointed Arabian Construction Company (ACC) to build its new headquarters...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-17804","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-4Da","jetpack-related-posts":[{"id":135363,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mashreq-bank-funds-15-5bn-of-sustainable-developments\/","url_meta":{"origin":17804,"position":0},"title":"Mashreq Bank funds $15.5bn of sustainable developments","date":"March 14, 2023","format":false,"excerpt":"\r Mashreq supports UAE sustainability goals with $15.5bn of funding deals\r \r Source : arabianbusiness.com\r Read more...Mashreq Bank funds .5bn of sustainable developments","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2023\/03\/Mashreq-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":156452,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uaes-mashreq-inaugurates-a-representative-office-in-turkiye\/","url_meta":{"origin":17804,"position":1},"title":"UAE\u2019s Mashreq inaugurates a representative office in Turkiye","date":"June 26, 2025","format":false,"excerpt":"\r It\u2019s the 15th country globally where Mashreq has operational presence\r \r Source : arabianbusiness.com\r Read more...UAE\u2019s Mashreq inaugurates a representative office in Turkiye","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/06\/Mashreq-1000x667-2.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":168157,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mashreq-ends-year-with-successful-2bn-placement-of-syndicated-loan\/","url_meta":{"origin":17804,"position":2},"title":"Mashreq ends year with successful $2bn placement of syndicated loan","date":"December 24, 2025","format":false,"excerpt":"\r The loan is the largest funding transaction in the history of Mashreq; It\u2019s also the bank\u2019s first syndicated loan in 11 years The post Mashreq ends year with successful $2bn placement of syndicated loan appeared first on Arabian Business: Latest News on the Middle East, Real Estate, Finance, and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/12\/Mashreq-syndicated-term-loan-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":165736,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mashreq-is-banking-on-sustainability-by-leading-esg-transformation-in-the-middle-east\/","url_meta":{"origin":17804,"position":3},"title":"Mashreq is banking on sustainability by leading ESG transformation in the Middle East","date":"November 25, 2025","format":false,"excerpt":"\r Faisal AlShimmari, VP and Head of ESG & Corporate Strategy at Mashreq, explains why banks can bridge the knowledge and capital gap when it comes to sustainability. The post Mashreq is banking on sustainability by leading ESG transformation in the Middle East appeared first on Arabian Business: Latest News\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/11\/Faisal-AlShimmari-1000x722-1.jpg?fit=1000%2C722&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":155583,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mashreq-launches-new-saver-account-offering-6-25-interest-and-1360-cashback\/","url_meta":{"origin":17804,"position":4},"title":"Mashreq launches new saver account offering 6.25% interest and $1,360 cashback","date":"June 11, 2025","format":false,"excerpt":"\r Mashreq launches digital savings account with significant returns\r \r Source : arabianbusiness.com\r Read more...Mashreq launches new saver account offering 6.25% interest and ,360 cashback","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/06\/Mashreq-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":166824,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ab-majlis-podcast-hassan-ali-talks-about-transforming-internal-audit-and-embracing-ai-at-mashreq\/","url_meta":{"origin":17804,"position":5},"title":"AB Majlis podcast: Hassan Ali talks about transforming internal audit and embracing AI at Mashreq","date":"December 9, 2025","format":false,"excerpt":"\r Hassan Ali, Group Chief of Internal Audit at Mashreq, discusses the transformation of audit amid the bank\u2019s digital evolution, outlining how AI, agility and culture are redefining assurance in the modern financial landscape. 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