Mashreqbank PSc

Ticker/ISIN

MASQ

AEM000101018

Market/Country

Dubai Financial Market

United Arab Emirates

About Mashreqbank PSc

Country of Origin: United Arab Emirates (U.A.E)

Mashreqbank PSC (the “Bank”) was incorporated in the Emirate of Dubai in 1967 under a decree issued by the Ruler of Dubai. The Bank operated through its branches in the United Arab Emirates, Bahrain, Kuwait, Egypt, Hong Kong, India, Qatar, the United Kingdom and the United States of America. Mashreqbank PSC Group (the “Group”) comprises of the Bank and its subsidiaries.

Latest Pressrelease Summaries from Mashreqbank PSc

Arcapita and DgPays Consortium have completed a $385 million acquisition of a majority stake in NEOPAY from Mashreq. Mashreq, a prominent financial institution in the MENA region, retains a significant minority stake in NEOPAY to support its growth. This strategic partnership aims to expand NEOPAY's operations, enter new markets, and enhance its services in the Middle East. NEOPAY, a leader in digital payments, processes over $30 billion annually and offers various services, including merchant acquiring and payment processing. Mashreq, known for its innovative banking solutions, continues to focus on customer success and growth, maintaining its headquarters in the Middle East.

Disclosure: Press release

för 4 dagar sedan

Mashreqbank PSC has announced the completion of a transaction involving the sale of 65% of its interests in IDFAA Payment Services LLC. This sale was made to a consortium consisting of Arcapita Group Holdings Limited and Dgpays S.a.r.l. The transaction, which was initially disclosed on September 13, 2024, was finalized on January 6, 2025. The announcement was made by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary, on behalf of Mashreqbank.

Disclosure: Notification from the company

för 4 dagar sedan

Mashreq Bank PSC held a Board of Directors meeting on December 20, 2024, at 8:30 am. During the meeting, the board discussed and approved the minutes from the previous meeting held on December 12, 2024, as well as other topics related to the bank's business and activities. The communication was addressed to Mr. Hamed Ahmad Ali, CEO of the Dubai Financial Market, and was signed by Shaima Al Obeidli, the Group Company Secretary. A copy of the communication was also sent to the Securities & Commodities Authority.

Disclosure: Results of BOD Meeting

för 21 dagar sedan

Mashreqbank PJSC has scheduled a Board of Directors meeting for Friday, December 20, 2024, at 8:30 am. The agenda includes reviewing the minutes from the previous meeting held on December 12, 2024, discussing normal business activities, and addressing any other business matters. The notification is addressed to Mr. Hamed Ahmad Ali, CEO of the Dubai Financial Market, and is signed by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary. A copy of the notice has been sent to the Securities & Commodities Authority.

Disclosure: BOD meeting

för 24 dagar sedan

Mashreq Bank PJSC held a Board of Directors meeting on December 12, 2024, at 11:00 am. The meeting covered and approved the following agenda items: the minutes from the previous meeting on October 29, 2024, the scheduling of the Annual General Meeting for February 27, 2025, pending necessary approvals, and various other topics related to the bank's business and activities. The communication was signed by Shaima Al Obeidli, the Group Company Secretary, and a copy was sent to the Securities & Commodities Authority.

Disclosure: Results of BOD Meeting

för en månad sedan

Mashreq Bank PJSC has scheduled a Board of Directors meeting on Thursday, December 12, 2024, at 11:00 am. The agenda includes approving the minutes of the previous meeting held on October 29, 2024, setting the date and venue for the Annual General Assembly meeting for shareholders, and discussing normal business activities. The notice is addressed to Mr. Hamed Ahmad Ali, CEO of the Dubai Financial Market, and is signed by Shaima Al Obeidli, Group Company Secretary. A copy of the notice is also sent to the Securities & Commodities Authority.

Disclosure: BOD meeting

för en månad sedan

The document is the condensed consolidated interim financial information of Mashreqbank PSC Group for the period from January 1, 2024, to September 30, 2024.

Disclosure: Financial statements for the 3rd QTR of 2024

för 2 månader sedan

Mashreq Bank PSC held a Board of Directors meeting on October 29, 2024, at 11:00 AM. During the meeting, they discussed and approved several agenda items, including the minutes from the previous meeting held on September 20, 2024, the financial statements for the third quarter ending September 30, 2024, and other topics related to the bank's business and activities. The communication was addressed to Mr. Hamed Ahmad Ali, CEO of the Dubai Financial Market, and signed by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary. A copy was also sent to the Securities & Commodities Authority.

Disclosure: Results of BOD Meeting

för 2 månader sedan

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Dubai Financial Market News

News Update From Mashreqbank PSc för 6 månader sedan

Disclosure: Results of BOD Meeting

Mashreqbank PSC held a Board of Directors meeting on 25th July 2024 at 10:00 am. The meeting covered and approved the previous minutes from 19th and 25th April 2024, the financial statements for the second quarter ending 30th June 2024, and other topics related to the bank's business and activities. The information was communicated by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary, and a copy was sent to the Securities & Commodities Authority.

1. Attached Document

Dubai Financial Market News

News Update From Mashreqbank PSc för 6 månader sedan

Disclosure: BOD meeting

Mashreqbank PSC has announced that a Board of Directors meeting will be held on Thursday, July 25th, 2024, at 10:00 am. The agenda includes the approval of the minutes from meetings held on April 19th and 25th, 2024, approval of the Bank’s financial statements for the second quarter ending June 30th, 2024, discussion of normal business activities, and any other business matters. The notice is addressed to Mr. Hamed Ahmad Ali, CEO of Dubai Financial Market, and is signed by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary. A copy of the notice is also sent to the Securities & Commodities Authority.

1. Attached Document

ShareUkKhan

Commented on FinanceBroAEDs Transaction regarding Mashreqbank PSc för 7 månader sedan

"47 shares of Mashreqbank at 150 AED each? Bold move, my friend! Financials and Industrials in your portfolio—looks like you're building a blockbuster! Keep the drama alive, and may the profits soar! 💼📈✨"

FinanceBroAED

Commented on JohnnyDebts Transaction regarding Mashreqbank PSc för 7 månader sedan

Looks like you're banking on Mashreqbank! Hope it doesn't "withdraw" from your expectations. Keep those Financials rolling in! 🚀💸

TradevesterStallone

Commented on TomFloozs Transaction regarding Mashreqbank PSc för 7 månader sedan

Hey, nice move on Mashreqbank! Financials are flexing some muscle. Keep punching, and let's see that 1-month yield keep climbing! 💪📈

Dubai Financial Market News

News Update From Mashreqbank PSc för 8 månader sedan

Disclosure: Clarification from the company

The Mashreqbank PSC, based in Dubai, UAE, has written to the Dubai Financial Market to clarify recent news reports regarding the acquisition of banking licenses in Saudi Arabia, Oman, and Pakistan. The bank denies the reports and states that it is in the preliminary stages of expanding its activities in these countries. Mashreqbank also emphasizes its commitment to the disclosure and transparency requirements of the Securities and Commodities Authority and the Dubai Financial Market and will continue to inform the market about all material transactions when they are finalized. The letter is signed by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary.

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Dubai Financial Market News

News Update From Mashreqbank PSc för 9 månader sedan

Disclosure: Press release regarding financial results for Q1 2024

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Dubai Financial Market News

News Update From Mashreqbank PSc för 9 månader sedan

Disclosure: Financial statements for the 1st QTR of 2024

The text pertains to the condensed consolidated interim financial information of Mashreqbank PSC Group for the period from January 1, 2024, to March 31, 2024.

1. Attached Document

Dubai Financial Market News

News Update From Mashreqbank PSc för 9 månader sedan

Disclosure: Results of BOD Meeting

Mashreqbank PSC has held a Board of Directors meeting on 25th April 2024 at 11:00 am. The meeting discussed and approved the minutes of previous meetings held on 29th January 2024, 26th March 2024, and 19th April 2024. The financial statements for the first quarter ending 31st March 2024 were also approved, along with other topics related to the bank's business and activities. The information was communicated by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary, to Mr. Hamed Ahmad Ali, CEO of Dubai Financial Market.

1. Attached Document

Dubai Financial Market News

News Update From Mashreqbank PSc för 9 månader sedan

Disclosure: Results of BOD Meeting

Mashreqbank P.S.C. held a Board of Directors meeting on April 19th, 2024, as scheduled. The meeting's agenda included discussions on normal business activities and any other business matters. The details were shared with Mr. Hamed Ahmad Ali, the CEO of Dubai Financial Market, by Shaima Al Obeidli, the Head of Corporate Governance & Group Company Secretary at Mashreqbank. A copy was also sent to the Securities & Commodities Authority.

1. Attached Document

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