Mashreqbank PSC (Mashreq), UAE - Latest News and Developments

Oman raising up to $2bln loan with mostly regional banks - sources

The banks leading the deal are HSBC, Mashreqbank, Gulf International Bank, Bank Muscat and Bank Dhofar

Reuters News - 11-Jan-2021

Mashreq may move jobs to India, Egypt or Pakistan to save costs

Relocation plan expected to be completed in three phases by October this year

Khaleej Times - 06-Jan-2021

Arab Monetary Fund's cross-border payment platform 'Buna' now fully operational

System kicks off first payment in UAE dirhams, can handle multiple currencies

ZAWYA - 28-Dec-2020

UAE banks waive $236.8mln debts of 1,607 Emiratis

Senior executives of the banks said that the noble move aimed at easing the burden of UAE nationals

WAM (Emirates News Agency) - 30-Nov-2020

Mashreq attains ‘market leader’ position in UAE

The award is the latest recognition in a chain of successes for Mashreq

TradeArabia - 30-Nov-2020

Sohar International concludes $100mln loan syndication

Sohar International had mandated United Arab Emirates based Mashreqbank on its behalf, to lead and arrange the syndication

TradeArabia - 29-Nov-2020

Sohar International concludes $100mln syndication

The successful closure of the syndicated loan reflects the confidence of international banks in the Sultanate

Oman Daily Observer - 29-Nov-2020

UAE banks' profits deteriorate; bad loans likely to go up

Challenging economic conditions result in higher non-performing loans for Q3

ZAWYA - 22-Nov-2020

Dubai's entrepreneurial spirit will help real estate recover quickly - expert

Cityscape summit hears that Dubai has a knack for fast recoveries, as was seen post financial crisis

ZAWYA - 17-Nov-2020

Pakistan gets $370mln syndicated loan - statement

Dubai's biggest bank Emirates NBD coordinated the loan

Reuters News - 15-Nov-2020

Stocks	Last Price	% Change
ORIENT INSURANCE	66.300 AED	0.00
AL-QAIWAIN CMNT	0.900 AED	0.00
FIDELITY UNITED	2.000 AED	0.00
AL FUJAIRAH INS	247.900 AED	0.00
SHARJAH INS CO	2.110 AED	0.00
UNION INS CO	0.650 AED	0.00

Mashreqbank PSC (MASB.DU)

Oman raising up to $2bln loan with mostly regional banks - sources

Mashreq may move jobs to India, Egypt or Pakistan to save costs

Arab Monetary Fund's cross-border payment platform 'Buna' now fully operational

UAE banks waive $236.8mln debts of 1,607 Emiratis

Mashreq attains ‘market leader’ position in UAE

Sohar International concludes $100mln loan syndication

Sohar International concludes $100mln syndication

UAE banks' profits deteriorate; bad loans likely to go up

Dubai's entrepreneurial spirit will help real estate recover quickly - expert

Pakistan gets $370mln syndicated loan - statement

Company information provided by Refinitiv

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