Ayman Abuhabsa, Head of Private Banking, Mashreq commented, 'We are thrilled to be part of the continued success of Art Dubai Modern year after year and have been encouraged to continue the partnership by the feedback and enthusiasm of our clients who have previously attended. We understand that individuals have traditionally purchased art for passion, for pleasure, for connoisseurship. In the last decade or so we have seen that art has also been purchased for the investment gains and is now increasingly being referred to as an asset class benchmarked via an index.'

Mr Abuhabsa continued, 'Over the last few centuries, the Middle East has continually been recognized for being at the forefront of creativity and the contributions made in the fields of architecture, design and the arts continue to be a reference point today. We have worked with our partners at Art Dubai to try to capture that richness and formulate a programme that shares the Fair's identity while also reflecting our clients' and visitors' cultural, social and intellectual interests. The genes of greatness are still very much here and with the right nurturing and investment from businesses we are witnessing a re-birth of breath-taking expressions that stimulate both the eye and the mind.'

Mashreq Bank PSC issued this content on 17 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 March 2016 12:42:29 UTC

Original Document: http://www.mashreqbank.com/uae/en/news/2016/03-Mar/Mashreq-Private-Banking-partners-with-Art-Dubai-Modern-for-the-3rd-year.aspx