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Banking & Finance

Mashreq’s net profit in H1 2024 increases 14% to AED4 billion

MEA Finance - 0
The bank’s non-interest income rose to AED 1.9 billion, demonstrating a robust 26% growth YoY
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Banking & Finance

Mashreq unveils API-enabled instant payments service for corporate clients

MEA Finance - 0
Mashreq has announced the launch of a new API-enabled instant payments service for its corporate and Institutional clients, integrated with Central Bank of UAE’s...
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Banking & Finance

DBS powers Mashreq’s global same-day cross-border payments

MEA Finance - 0
DBS and Mashreq announced a collaboration that extends same-day and near-instant peer-to-peer cross-border payments to Mashreq’s retail customers, in selected markets across Asia Pacific,...
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Banking & Finance

Mashreq to expand its global reach with Oracle

MEA Finance - 0
Mashreq announces that it has extended its relationship with Oracle Financial Services to support its growth globally. The bank announced the collaboration at a...
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Banking & Finance

Mashreq successfully priced a US$500mn Additional Tier 1 bond offering

MEA Finance - 0
Mashreq successfully priced a US$500mn Additional Tier 1 bond offering with a coupon of 7.125 percent per annum on Monday 3rd June 2024. The transaction...
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Banking & Finance

UPI-powered PhonePe App is now accepted at Mashreq’s NEOPAY terminals in UAE

MEA Finance - 0
Mashreq in partnership with NPCI International Payments Ltd. (NIPL), has taken a significant step forward in enhancing financial connectivity between the UAE and India....
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Banking & Finance

Mashreq closes US$88 million syndicated term loan facility for Joint-Stock Commercial Bank “Agrobank”

MEA Finance - 0
Mashreq, a leading financial institution in the MENA region, announced the closing of a US$88 million one-year syndicated term loan facility for Joint-Stock Commercial...
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Appointments

Mashreq announces appointment of new country head for Oman

MEA Finance - 0
Mashreq, one of the leading financial institutions in the MENA region, which is currently working on the formation of its branch in Oman, has...
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Banking & Finance

Mashreq announces 2023 financial results, net profit increases with 130% growth reaching AED 8.6 billion

MEA Finance - 0
Mashreq announces its financial results for the fiscal year 2023, showcasing an unwavering commitment to and achievement of a robust and sustainable growth trajectory....
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Banking & Finance

Mashreq partners with UAE Fintech Fils to launch carbon offsetting services for corporate clients

MEA Finance - 0
Mashreq has signed a Memorandum of Understanding (MoU) with the UAE-based fintech firm, Fils, to develop a corporate carbon offsetting offering that helps corporate...
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