Sunday 30 August 2015
 
»
Tag
 
»
Mashreq

UAE credit growth expected to be flat in 2015

Credit growth in the United Arab Emirates is expected to be around 2 per cent this year, a senior banking official said, in a fresh sign the UAE credit cycle may have peaked because of low oil prices and cooling property markets.

More…

Mashreq Q2 net profit up 11pc to $176m

Mashreq, Dubai's third-biggest lender by assets, on Wednesday posted an 11 per cent rise in second-quarter net profit. The lender made a net profit of Dh649 million ($176.6 million) for the three months to June 30, according t

More…

Mashreq pioneers Visa Checkout in region

The UAE’s leading financial institution, Mashreq, today became the first bank in the Central Europe, Middle East and Africa region to launch Visa Checkout, a new digital payment service. The service, offered to all Mashreq c

More…

Mashreq's gains surge 13pc as income increases

Mashreq, Dubai's third-biggest bank by assets, has posted a 13.2 per cent rise in first-quarter net profit as an increase in income from lending helped to offset a slight dip in returns from fees. It is the second bank in the

More…

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

More…

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

More…

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

More…

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

More…

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

More…

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.

More…
 1 2 3 4 5 >  Last ›

calendarCalendar of Events

Ads