Mashreq
Main Category: Commercial BankFirst Address : PO Box 1250
City : Dubai
Country : United Arab Emirates
Phone: 971 4 2223333
Fax: 971 4 2226061
Website: www.mashreqbank.com
ALL STORIES LIST
Tuesday, 19 April 2011
Retail banking sector to remain difficult in 2011, bank to focus on retaining existing customers
read more »Monday, 28 March 2011
Al Manal Development gets AED65m loan from Mashreq as part of Tayseer funding scheme
read more »Monday, 13 September 2010
Foreign lenders would prefer government guarantee and lower interest rates option.
read more »Thursday, 12 August 2010
Mashreq, Emirates NBD and Qatar Islamic Bank had been shortlisted for a licence.
read more »Friday, 30 July 2010
Q2 profit falls 54 percent year on year; CEO optimistic on economy recovery.
read more »Sunday, 20 June 2010
Bank official says improvement dependant on no more bad news on gov't debt.
read more »Thursday, 10 June 2010
Dubai bank prepares to defend position in court as 26 customers take action.
read more »Sunday, 16 May 2010
Mashreq Assist counselling service launches in UAE capital after Dubai success.
read more »Wednesday, 28 April 2010
Bank made $571.7m in provisions in 2009 and posted a loss in Q4 that year.
read more »Friday, 12 February 2010
Bank to seek shareholders' nod for the bond plan at an EGAM on March 7.
read more »Friday, 5 February 2010
Dubai's largest lender by market value makes AED2.1bn ($572m) impairment allowances in 2009.
read more »Sunday, 31 January 2010
Research shows homebuyers will owe more than AED4m on AED2m mortgage.
read more »Thursday, 21 January 2010
Group of 64 customers claim bank is in wrong after changing interest rate calculations.
read more »Tuesday, 5 January 2010
Bank says it is planning to extend Mashreq Assist service to Abu Dhabi customers.
read more »Monday, 2 November 2009
UAE bank's arrival in Kuwait City part of growth plan, MENA branches now total 94 - CEO.
read more »Thursday, 29 October 2009
UPDATE 1: Dubai's second largest bank by market cap says decline due to rise in loan provisions.
read more »Tuesday, 27 October 2009
Bank sees rise in number of customers leaving UAE without paying off debts.
read more »Sunday, 18 October 2009
Agreement inked with C3 Card to provide low wage customers with salary solutions.
read more »Tuesday, 29 September 2009
Mashreq chief says banks have capital strength to cover exposure to firms.
read more »Wednesday, 16 September 2009
UAE bank becomes seventh non-national bank to start ops in Kuwait.
read more »Monday, 14 September 2009
UAE bank says more than 2,000 transactions made by metro passengers in 3 days.
read more »Wednesday, 2 September 2009
UAE's third largest bank makes move to help struggling loan customers.
read more »Thursday, 27 August 2009
UAE bank dismisses counter claim of Saudi family firm amid $150m lawsuit.
read more »Wednesday, 26 August 2009
Central bank hopes change in panel will lower rates and spur lending.
read more »Monday, 24 August 2009
Strategic growth plans remain very much on track, says the bank's CEO.
read more »Sunday, 16 August 2009
Mashreq Bank has just rolled out a new online security system from CRYPTOCard
read more »Monday, 10 August 2009
Possible downgrade reflects challenges posed by stressed UAE property market.
read more »Tuesday, 14 July 2009
Investors in troubled conglomerate look for representation at creditor meetings.
read more »Tuesday, 7 July 2009
Agency says actions taken due to difficult financing environment and expected asset quality deterioration.
read more »Monday, 6 July 2009
Ratings agency Fitch cites bank's current level of profitability and capitalisation.
read more »Saturday, 20 June 2009
Mashreq takes action to protect interests due of problems with Saudi clients.
read more »Saturday, 16 May 2009
Mashreq bank head says good time for acquisitions as UAE may have passed through worst of global crisis.
read more »Thursday, 14 May 2009
Akram Khattab, head of Private Banking at UAE-based Mashreq tells CEO Middle East how the bank zeroes in on the region's high net worth individuals.
read more »Sunday, 10 May 2009
Net profit hits AED484 for Q1 2009, compared with AED465m for Q1 2008.
read more »Sunday, 26 April 2009
Mashreq chief Abdul Aziz Al Ghurair argues that the US & European banks are to blame for their own downfall.
read more »Thursday, 23 April 2009
Abdul Aziz Al Ghurair, says bank bonus schemes in West have got out of hand.
read more »Sunday, 19 April 2009
More than 1.8bn cards from China Union Pay can now be used at Mashreq ATMs.
read more »Monday, 13 April 2009
Dubai-based firm to exploit sukuk offering high returns as Islamic bond market attracts greater interest.
read more »Wednesday, 1 April 2009
Dubai-based Mashreq rolls-out 10 branch retail operation after spending $99.4m.
read more »Wednesday, 18 March 2009
Bank is fourth in UAE to convert federal gov't deposits into Tier 2 capital.
read more »Monday, 16 March 2009
Dubai-based bank follows similar moves by other UAE lenders to improve asset quality.
read more »Sunday, 1 March 2009
Industries Qatar leads stock market to new 5-year low amid gloomier prognosis for global economy.
read more »Monday, 23 February 2009
Bank chiefs say move will do much to boost confidence in emirate's financial sector.
read more »Saturday, 14 February 2009
The bank says liquidity and capital markets will be its priorities for 2009.
read more »Thursday, 5 February 2009
UAE's largest private bank says it regrets move, blamed on depressed market.
read more »Wednesday, 4 February 2009
Mashreq's chairman says gov't should inject more cash into financial sector.
read more »Sunday, 4 January 2009
Arabian Business examines why the Mideast should be well on the path to recovery by end of 2009.
read more »Wednesday, 24 December 2008
Mashreq Capital chief talks about top opportunities in 2009 amid global crisis.
read more »Friday, 14 November 2008
As UAE banks begin to feel the bite of the global credit crisis, consolidation could finally be on the cards.
read more »Wednesday, 12 November 2008
ICT is now being used to improve service and revenues.
read more »Wednesday, 12 November 2008
Mashreq has replaced its existing payment switch infrastructure with Postilion solutions.
read more »Tuesday, 11 November 2008
UPDATE 1: Dubai bank stays cautious during global crisis but still expects to grow profit by 12%.
read more »Monday, 10 November 2008
Mashreq Bank launches region's richest mobile banking solution
read more »Sunday, 9 November 2008
UPDATE 1: But Al-Ghurair says decision must be driven by economic rationale and not politics.
read more »Saturday, 25 October 2008
UAE's fourth largest lender posts net income of $94.2mn as value of regional share prices plunge.
read more »Tuesday, 14 October 2008
Mashreq boss honoured along with other top company chiefs at CEO Middle East Awards.
read more »Sunday, 21 September 2008
Gulf economies have been hit by the US financial crisis fallout and more bad news could be on the way.
read more »Sunday, 7 September 2008
Regional stock exchanges have had a tumultuous year making it difficult for investors to find value.
read more »Thursday, 28 August 2008
More promotion of DIFC, DFSA benefits required to encourage investors.
read more »Friday, 18 July 2008
When I moved to this region in 2006 I was surprised at the lack of diversification in the investment portfolios of most of the clients I met. Aside from a few institutions, most focused purely on bank deposits, private equity or the regional equity markets.
read more »Thursday, 3 July 2008
Dubai bank interested in Egyptian lender despite rejection of initial offer, cancelled sale.
read more »Tuesday, 1 July 2008
Qatari developer to use money to fund investments and projects, exec says.
read more »Friday, 13 June 2008
Arabian Busines on the lack of diversification in the investment portfolios of most clients.
read more »Sunday, 8 June 2008
Dubai fibreglass pipe maker looking to refinance debt, in talks with HSBC, Mashreq.
read more »Friday, 30 May 2008
While the global economic canvas currently looks faded and jaded, the UAE economy is merrily marching along.
read more »Sunday, 18 May 2008
UAE telecoms provider to invest in network infrastructure.
read more »Saturday, 3 May 2008
Arrangers need innovative Shariah financing models.
read more »Tuesday, 22 April 2008
Deutsche Bank, Emirates Bank, HSBC, Lloyds TSB and Mashreq Bank among lenders.
read more »Wednesday, 9 April 2008
Gulf central banks will not shift monetary policy despite inflation, Mashreq exec says.
read more »Wednesday, 9 April 2008
More foreign funds in GCC contributing to higher volatility in local markets, Mashreq Capital chief says.
read more »Wednesday, 9 April 2008
Firms set to follow suit and raise funds through dirham-based debt - Mashreq Capital CEO.
read more »Monday, 3 March 2008
Commercial Bank of Kuwait interested in Egypt's third-largest state bank.
read more »Sunday, 10 February 2008
Resurgent dollar will ease calls on Gulf Arab states to cut ties with US currency, says Mashreq exec.
read more »Monday, 28 January 2008
WEF: US the best place to be at time of global slowdown, wealth fund managers say.
read more »Thursday, 10 January 2008
The huge DP World listing seems to have kickstarted the DIFX, but greater depth and variety is still needed.
read more »Monday, 17 December 2007
UAE lender to open 30 branches in Egypt over next three years, CEO Al-Ghurair says.
read more »Monday, 19 November 2007
Islamic products are big business with local and international banks keen to get onboard.
read more »Thursday, 1 November 2007
Mashreqbank's Makaseb Arab Tigers Fund has been awarded an AA, very high quality, rating by the independent credit ratings agency Standard and Poor's.
read more »Saturday, 13 October 2007
Brokers and banks attempting to lure trading experts from UAE steel firms.
read more »Sunday, 23 September 2007
Traditionally, there are two types of CIOs - those who come from business to IT, or those who come from IT to business. But what companies are really looking for is a CIO who is adept at both, a hybrid of IT and business acumen. ACN asks today's CIOs how they use both skills to climb the corporate ladder.
read more »Sunday, 16 September 2007
UAE bank considering bid for state-owned Banque du Caire as part of plans to expand in country.
read more »Wednesday, 12 September 2007
New Escrow law aims to sustain Dubai's property boom, take financial risk out of buying off-plan property.
read more »Wednesday, 5 September 2007
The managing director of Hircon International, Darshan Hiranandani has criticised the newly introduced escrow account law, describing it as an unnecessary extra cost.
read more »Tuesday, 4 September 2007
US$55m finance to develop health chain.
read more »Monday, 3 September 2007
Imran Ahmed, managing director, asset management, Mashreq, talks about the Makaseb Arab Tigers Fund.
read more »Friday, 31 August 2007
Region's banks have realised customer information can be a vital revenue-spinning opportunity for them.
read more »Saturday, 18 August 2007
Every month we provide a step-by-step guide to a different financial product. In this month's Money Clinic - we examine personal loans.
read more »Thursday, 16 August 2007
The Dubai Land Department has defended escrow accounts amid rumours of "grey areas" for developers registered as offshore.
read more »Wednesday, 8 August 2007
Mashreq bank successfully raises $500mn from international bank syndicate, despite credit market slump.
read more »Saturday, 4 August 2007
If you're looking to set-up an online bank account in the UAE, read on as the WINDOWS team checks out some of the market's current offerings and suggests which of these you can bank on.
read more »Thursday, 2 August 2007
Three leading banks launch escrow accounts following amendments to Dubai's property law.
read more »Wednesday, 1 August 2007
While online banking has made life easier, it has also exposed customers to the menace of cyber crime.
read more »Tuesday, 31 July 2007
New requirements for securities brokerage firms are triggering mergers, closures and questionable trading methods.
read more »Saturday, 21 July 2007
The region's banking sector is facing up to the biggest shake-up it has ever witnessed during its tender 50-year history.
read more »Saturday, 30 June 2007
Will the banking industry be the next sector to feel the wind of change sweeping through the Gulf?
read more »Saturday, 2 June 2007
For Mashreq CEO Abdul Aziz Al Ghurair, the bank’s recent rebranding is just the first of many bold initiatives.
read more »Saturday, 2 June 2007
Mashreq, Emirates Bank and Fortis Bank have arranged a US$125m syndicated loan facility for one of Russia's leading private sector banks, JSCB Promsvyazbank.
read more »Thursday, 31 May 2007
Banks are rapidly expanding their Islamic banking portfolios as sharia-compliance gains worldwide recognition.
read more »Wednesday, 30 May 2007
The Dubai lender has won approval to open Egypt branches; denies Alwatany takeover reports.
read more »Tuesday, 29 May 2007
Dubai lender says it is not considering bidding for Egypt's Alwatany Bank.
read more »Monday, 28 May 2007
The two GCC banks are part of five lenders vying for a share of Egypt's Alwatany.
read more »Saturday, 19 May 2007
Each week Arabian Business turns the spotlight on a leading company.
read more »Saturday, 19 May 2007
Hermann Behrens has made Enterprise IG one of the world's top branding consultants. Tamara Walid reports.
read more »Monday, 14 May 2007
Dubai's third-largest lender says it is 'not to be distracted by IPOs'.
read more »Tuesday, 1 May 2007
Writing a cheque that bounces can have serious repercussions in the UAE. Diana Milne reports on what happens to those who get caught.
read more »Monday, 30 April 2007
Net income in the three months to March 31 rose 30% to $121.2m.
read more »Wednesday, 25 April 2007
Depa Interiors has signed a $117m finance deal for work at the world's tallest tower.
read more »Saturday, 14 April 2007
Arabian Business has published its '50 Most Admired' list of regional companies.
read more »Sunday, 1 April 2007
Personal loans can provide a quick fix in times of need, but if you don't read the small print you could find yourself paying more than you ever bargained for.
read more »Thursday, 22 March 2007
The UAE lender is looking to expand its operations in Arab countries.
read more »Thursday, 15 March 2007
Mashreqbank is ‘investing in today’s youth’ as it announces bank accounts for emirati students.
read more »Monday, 22 January 2007
Some welcome news in today's Al Ittihad newspaper: it is revealed that the Dubai Metro could extend to Ajman emirate.
read more »Sunday, 31 December 2006
Online security threats remain a major problem for large enterprises and their customers in the Middle East. With multi pronged attacks growing in frequency and sophistication, Sherief Younis discovers what is being done in the Middle East to ensure a secure online environment for customers.
read more »Sunday, 3 December 2006
Arabic speakers being used to target region, experts warn
read more »Friday, 1 December 2006
Alistair Sinclair, CIO of Mashreqbank and CEO of Mindscape, has to balance his role maintaining and planning the bank’s systems with his other job providing managed services for other organisations. He tells Daniel Stanton how he manages these different environments and uses IT to drive Mashreqbank forward.
read more »Thursday, 30 November 2006
The UAE’s “auto ownership mania” has made the country a prime international market for carmakers – a business opportunity which has not escaped the local retail bankers. With a plethora of auto financing packages currently available in the marketplace, are car buyers getting a good deal?
read more »Thursday, 30 November 2006
Alistair Sinclair, CIO of Mashreqbank and CEO of Mindscape, has to balance his role maintaining and planning the bank's systems with his other job providing managed services for other organisations. He tells Daniel Stanton how he manages these different environments and uses IT to drive Mashreqbank forward.
read more »Friday, 6 October 2006
Systems security used to be about keeping the bad guys out, but as threats have evolved identity management and authentication have emerged as key to successful policing
read more »Saturday, 30 September 2006
Opening in Abu Dhabi is set to be first of several initiatives in the brokerage space
read more »