Mashreq Bank - Global Business Magazine

UAE’s Top 10 Listed Banks’ Aggregate Net Income Grew by

Global Business Magazine February 29, 2024

Riding on higher interest rates, the aggregate net income of the UAE’s 10 largest listed banks grew by 54.1% y-o-y to $20.94 billion 2023, Dubai-based Read More

Finance Featured News Regional

Dubai Taxi Company Offers 25% Stake on Dubai Financial Market

Global Business Magazine November 14, 2023

A day after H H Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE issued Law No (21) Read More

Banking Featured Finance News Regional

UAE Banks Improve Profitability Supported by Increase in Operating Income

Global Business Magazine August 25, 2023

Alvarez & Marsal (A&M), the leading global professional services firm, on Thursday released its latest UAE Banking Pulse for the second quarter Read More

Banking Featured News Regional

The first platform bank in the region Wio launches in

Global Business Magazine September 8, 2022

Wio Bank announced the launch of its operations in the United Arab Emirates (UAE) and became the first platform bank in the Read More

Finance Featured News Regional

Dubai’s toll gate operater Salik to come with IPO

Global Business Magazine September 7, 2022

Salik Company, Dubai’s exclusive toll gate operator has announced its intention to proceed with an initial public offering (IPO) and to Read More

Banking Featured News Regional

UAE listed banks’ net profits reach $5.69 billion in H1-2022

Global Business Magazine September 1, 2022

Putting up an impressive show, the 11 national banks listed on the UAE capital markets have registered net profits of $5.69 billion in the Read More

Economy Featured News Regional

UAE plans to offer Dual-Tranche USD bonds soon

Global Business Magazine June 24, 2022

The UAE’s Ministry of Finance on Thursday announced its plans to issue a dual-tranche US Dollar benchmark size bonds of $500 million Read More

Economy Featured News Regional

Dubai plans to offer 12.5% stake in TECOM Group IPO

Global Business Magazine June 13, 2022

TECOM Group, a subsidiary of the government-owned Dubai Holding, is planning an initial public offering by offering 625 million shares, which is equivalent Read More