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Mashreq posts AED 606 million Net Profit for 1Q 2022

Mashreq has reported its financial results for the quarter ending 31st March 2022. Key highlights: Robust Growth in Operating Income & Net Profit Operating...

Mashreq NEO ties up with Federal Bank to facilitate NR Account opening for Indians in UAE

Mashreq NEO, a full-service digital bank from Mashreq Bank, announced a strategic partnership with Federal Bank, a leading financial institution in India to enable...

Mashreq and noon.com collaborate to launch VIP Savings Account

Mashreq and noon.com have partnered to launch the “Mashreq noon VIP Savings Account”. The initiative is the latest solution as part of a long-term partnership...

Mashreq appoints new Group Head of Technology, Transformation and Information

Mashreq Bank has appointed Alexander Raiff as its new Group Head of Technology, Transformation and Information, starting on 1st April 2022. Alexander is a seasoned technology...

Mashreq Bank launches NEOPAY to consolidate and grow its leadership in the digital payments space across the region

Mashreq Bank has completed the transition of its existing payments business into a new, wholly owned subsidiary, IDFAA Payment Services LLC, with a brand...

Mashreq Bank to support upcoming IPOs subscription on Dubai Financial Market

Mashreq Bank will be offering its retail customers the opportunity to subscribe to upcoming initial public offerings (IPOs) on Dubai Financial Market (DFM) through...

Mashreq invests in Touché to help revolutionize payments for F&B and hospitality industries

Mashreq announced an investment in the FinTech Touché, which is revolutionizing the F&B and hospitality industries with its streamlined payment system. The partnership re-enforces Mashreq’s...

Mashreq launched ‘Supplier Finance’ program to provide SME’s easy access to cost-effective liquidity

Mashreq have launched their ‘Supplier Finance’ program to facilitate easy access to working capital for SMEs in the region. The new initiative leverages the credit...

Mashreq invests in NymCard as part of venture fund to support UAE FinTech ecosystem

Mashreq has taken a stake in NymCard, the only Banking-as-a-Service provider in the Middle East, to help grow the booming FinTech ecosystem in the...

Adapt and Survive

What key actions should the regions retail banks take to ensure they thrive in the near to medium term?   Notably, Mashreq’s chairman H.E. Abdul...

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