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Mashreq
Banking & Finance
Mashreq closes AED-denominated $136.13 million syndicated loan for TDB
Facility launched in July and was successfully subscribed by seven leading institutions from the Gulf region
Banking & Finance
Arcapita and Dgpays consortium acquires majority stake in NEOPAY from Dubai’s Mashreq
The transaction values NEOPAY at approximately $385 million, pending regulatory approvals
Banking & Finance
Dubai’s Mashreq leads $3.25 billion sustainability-linked financing for GEMS Education
The funding aims to boost sustainability within the education sector
Industry
Dubai’s Mashreq Bank allocates additional $272.25 million in financing for industrial companies
The move aligns with the objectives of the National Strategy for Industry and Advanced Technology, Operation 300Bn
Banking & Finance
Sharjah Islamic Bank’s sukuk offering oversubscribed 3 times, raising $1.5 billion
The oversubscription highlighted the bank's financial strength and prudent management
Banking & Finance
UAE banking sector witnesses soaring consumer confidence, reaching 90 percent in 2023: UBF Chairman
Banks demonstrated resilience and proactive strategies in adapting to market conditions
Sustainability
Mashreq’s Climb2Change initiative elevates ESG commitments to prominence
Cementing bank's position as a sustainability trailblazer in MENA