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

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

The bank’s non-interest income rose to AED 1.9 billion, demonstrating a robust 26% growth YoY
Mashreq allocates AED 1 billion in financing to industrial companies

Mashreq allocates AED 1 billion in financing to industrial companies

The funding stimulates industrial companies by enabling them with additional financing solutions under the ‘Make it in the Emirates’ initiative
Mashreq partners with Visa and ecolytiq

Mashreq partners with Visa and ecolytiq

The climate banking platform overlays carbon emissions calculations seamlessly onto transaction data, giving customers more transparency on their spending

UAE’s Mashreq inks sponsorship deal with Egypt’s COP presidency ahead of COP27

UAE’s Mashreq said Tuesday that it signed an MoU with Egypt’s COP Presidency to formalize its participation at this year’s United Nations Climate Change...

Mashreq signs strategic MoU with Dubai South to support SMEs

Mashreq has entered into a strategic partnership with Dubai's largest single urban master development, Dubai South, with a remit to build banking and financial...

Mashreq Bank and Visa collaborate to revolutionize how businesses track and trace expenses

Mashreq Bank has collaborated with Visa to develop a new digital reconciliation platform for real-time tracking, tracing and analysis of company expense accounts. This new...

Mashreq becomes first regional bank to launch an API developer portal

Mashreq has become the region’s first bank to launch an active Application Programming Interface (API) developer portal to encourage the development of new and...

Mashreq NEO to become first Digital Bank in UAE to use Facial Recognition for...

As part of the efforts to implement the directives of the UAE government in enhancing the quality of life for the Emirati community and...

Mashreq Neo launches virtual draw for remittance customers

Mashreq Bank has launched a virtual draw called “Roll the Ball” for remittance transactions that are completed through Mashreq Neo, its full-service digital bank. The...

Mashreq Bank powers WeChat Pay in the UAE

Mashreq Bank today announced that it will provide WeChat Pay acceptance at select partners across the UAE. This comes following an agreement between Mashreq...