Mashreq

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

Arcapita and Dgpays consortium acquires majority stake in NEOPAY from Dubai’s Mashreq

The transaction values NEOPAY at approximately $385 million, pending regulatory approvals

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

Sharjah Islamic Bank’s sukuk offering oversubscribed 3 times, raising $1.5 billion

The oversubscription highlighted the bank's financial strength and prudent management

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

Mashreq’s Climb2Change initiative elevates ESG commitments to prominence

Cementing bank's position as a sustainability trailblazer in MENA