Mashreq commits to facilitate Dhs110bn in sustainable finance by 2030

Mashreq to facilitate Dhs110bn in sustainable finance by 2030

The bank’s commitment to sustainable finance is part of its Climb2Change global initiative

Mashreq sees 122% rise in net profit in first nine months of 2023 Image WAM

Mashreq bank’s net profit rises 122% in first 9 months of 2023

The increase in operating income and net profit was primarily attributed to a significant 82 per cent increase in net interest income

cop28 climate jargon

UAE banks lead sustainable financing, initiatives ahead of COP28

The banking sector is playing a crucial role in combating climate change by providing green financing and supporting climate initiatives

UAEs UBF on how the banking sector-is-supporting-green-finance-initiatives-GettyImages-83975094

These UAE banks invested over Dhs190bn in green financing, reveals UBF

The UAE banks invested in various projects in renewable energy, waste-to-energy, and green technology in 2022

Regional banks

Should regional banks buy or build their innovations?

In the early years of the digital era, building was the only option, but today the region is strewn with fintechs

Mashreq’s group head of corporate & investment banking

UAE’s Mashreq finances sustainable investments worth $15.5bn

The bank is committed to developing financial solutions that help businesses scale up operations while achieving their ESG objectives

Mashreq acquires digital banking license to commence operations in Pakistan

Mashreq acquires digital banking licence to commence operations in Pakistan

The lender aims to invest in the country’s rural infrastructure, including microfinance institutions

mashreq posts q3 2022 results

UAE’s Mashreq bank posts net profit of Dhs2.6bn for Q3 2022

The bank’s operating income increased by 24.3 per cent over the previous year to Dhs5.3bn

Dubai’s Mashreq and noon.com launch VIP savings account

The account provides customers competitive interest rates on their savings, cashback on all spends and a free noon VIP membership among other features

Dubai’s Mashreq weighs sale of payments business

Deliberations are ongoing and no final decision has yet been taken

UAE’s Mashreq partners with Turtlemint to offer bespoke insurance solutions

The new proposition will enable information transparency and empower Mashreq’s customers to make an informed choice while buying insurance products

UAE’s Mashreq posts 24.7% dip in net profit for first nine months of 2021

The bank’s operating profit for nine months of the year rose by 14.3 per cent to Dhs2.4bn

UAE’s Mashreq to use Oracle’s Transaction Banking platform

The platform is expected to help Mashreq respond more efficiently to the funding needs of local businesses and address capital diversification too


Dubai bank Mashreq may move nearly half its jobs to cheaper hubs

The relocation plan is expected to be completed in three phases by October this year

Revealed: Winners at the 2020 Gulf Business Awards

The awards acknowledged champions from across the region’s business spectrum

Mashreq Bank Metro Station

RTA renames three metro stations in Dubai

It has signed an agreement with Dubai-headquartered Mashreq Bank as part of the new deal

What role do GCC banks play in the current economic crisis?

Although the Covid-19 situation is straining financial institutions, banks have a major role to play in keeping economies buoyant during the current crisis and beyond

Revealed: Top 5 most powerful Arabs in finance

The highest ranking entries from the world of finance in Gulf Business’ annual Arab power list 2020

Revealed: Top 10 banks in the UAE

The UAE’s biggest listed banks ranked by total asset size

Exchange houses hold talks with UAE Central Bank over new rules

Revealed: Top 10 banks in the UAE

The UAE’s biggest listed banks ranked by total asset size

Revealed: Top 10 banks in the UAE

The country’s biggest listed banks, as ranked by total asset size