Wednesday 1 April 2015
 
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Mashreq

HSBC named best investment bank in Mideast

HSBC was named the best investment bank in the Middle East for 2015 by Global Finance magazine in its 16th annual World’s Best Investment Banks survey. The survey lists the best investment banks by country, region and sector

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Mashreq invites bids for new HQ building

Mashreq, the third-biggest lender by assets in Dubai, UAE, has invited bids for the construction of its new head office in the Downtown Dubai area of the emirate, said a report.   The Mashreq move to relocate its corporate he

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Mashreq invites bids for new HQ building

Mashreq, the third-biggest lender by assets in Dubai, UAE, has invited bids for the construction of its new head office in the Downtown Dubai area of the emirate, said a report.   The Mashreq move to relocate its corporate he

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Mashreq profit jumps; bank eyes Citi's Egypt unit

Mashreq is holding talks with Citigroup about acquiring its retail banking business in Egypt and is targeting net profit growth in 2015 of between 6 per cent and 10 per cent, the Dubai bank's chief executive said on Sunday. Ab

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Mashreq eyes Citigroup's Egypt retail business

Mashreq, Dubai's third-biggest lender by assets, is interested in acquiring Citigroup's Egyptian retail business, Mashreq's chief executive said on Sunday. The bank is holding talks with Citi on the matter, Abdul Aziz

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Mashreq Q3 net profit rises 26pc to $162m

Mashreq, Dubai's third-biggest lender by assets, made a net profit of Dh596.8 million ($162.5 million) for the third quarter of the year, a rise of 26 per cent on the Dh473.2 million ($128.8 million) during the corresponding period of 2013.

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Mashreq names new country head for Bahrain

UAE-based financial institution Mashreq has appointed Vivek Uberoi as the new country head of Mashreq Bank Bahrain. Uberoi has more than 20 years experience in the banking and financial sector, and has held various senior position

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OSN vows online payment gateway for customers

Dubai-based pay-TV network OSN has partnered with financial institution Mashreq and a Visa company, Cybersource, to launch the CyberSource payment management solution for its subscribers. The agreement ensures secure online payment serv

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Mashreq H1 profit rises 40pc to top $315m

Mashreq has reported a 40 per cent increase in net profit for the first half, climbing to Dh1.16 billion ($315.8 million), compared with Dh828 million in the first half of last year. Net profit in the second quarter reached Dh585

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Mashreq Q2 net profit jumps 45pc

Mashreq, Dubai's third-biggest lender by assets, on Wednesday posted a 45 per cent jump in second-quarter net profit.   The lender made a net profit of Dh585 million ($15

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