Al Masraf, established in 1975 by His Highness Sheikh Zayed Bin Sultan Al Nahyan, has been a pivotal player in facilitating cross-border transactions and fostering regional prosperity. Owned by the Emirates Investment Authority (42.28%), the Libyan Foreign Bank (42.28%), and La Banque Exterieure d’Algerie (15.44%), Al Masraf has adapted to meet evolving customer needs.
In 2020, recognizing the changing landscape, Al Masraf initiated a digital transformation journey. With over 400 employees spread across multiple UAE locations, seamless connectivity became a priority. Disparate Wi-Fi solutions posed challenges, limiting user access and complicating IT management.
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