Mashreqbank PSc

Logotype for 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

Mashreqbank PSC Group has released its condensed consolidated interim financial information for the period from January 1, 2025, to March 31, 2025.
Mashreqbank PSC held a Board of Directors meeting on April 30, 2025, at 11:00 am. The meeting covered and approved the minutes from the previous meeting held on January 30, 2025, reviewed the financial statements for the year ending March 31, 2025, and discussed other topics related to the bank's business and activities. The notification was signed by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary, and a copy was sent to the Securities & Commodities Authority.
Mashreqbank PSC has scheduled a Board of Directors meeting on April 30, 2025, at 11:00 am. The agenda includes approving the minutes from the previous meeting on January 30, 2025, approving the bank's financial statements for the first quarter ending March 31, 2025, discussing normal business activities, and addressing any other business matters. The notice is signed by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary, with a copy sent to the Securities & Commodities Authority.
Mashreqbank P.S.C. held its Annual General Assembly Meeting on February 27, 2025, at 10:00 a.m. at its head office in Dubai, with both physical and virtual attendance options. The meeting was chaired by H.E. Abdulaziz Al Ghurair, and had a quorum of 90.91% attendance. Shaima Al Obeidli served as the Secretary of the Meeting, and Lumi was responsible for vote collection. The assembly approved the Board of Directors’ report on the bank’s activities and financial position for the year ending December 31, 2024, as well as the auditor’s report for the same period.
Mashreq Bank P.S.C. invites its shareholders to attend the annual General Assembly meeting on February 27, 2025, at 10:00 am UAE time. The meeting can be attended in person at the Bank's headquarters in Dubai or virtually via a link sent to shareholders. The agenda includes authorizing the Chairman to appoint a Secretary and Vote Collector, reviewing and approving various reports and financial statements for the year ended December 31, 2024, approving a cash dividend distribution, and appointing auditors for 2025. Special resolutions involve updating and issuing non-convertible securities and authorizing the Board to take actions related to these matters. Shareholders must register electronically to vote and can delegate proxies under specific conditions. The meeting requires a quorum of at least 50% of the Bank's share capital, with a second meeting scheduled if the quorum is not met. Shareholders on record by specific dates are entitled to vote and receive dividends. The meeting will be recorded, and relevant documents are available on the Dubai Financial Market website.
The audited consolidated financial statements of Mashreqbank PSC Group for the year ended December 31, 2024, are pending approval from the Central Bank of the U.A.E. and adoption by shareholders at the annual general meeting.
Mashreq Bank PJSC held a Board of Directors meeting on January 30, 2025, at 11:00 am. The meeting covered several key agenda items, including the approval of the previous meeting's minutes from December 20, 2024, the financial statements for the year ending December 31, 2024, and the agenda for the Annual General Assembly meeting for shareholders scheduled for February 27, 2025. Other topics related to the bank's business were also discussed. The information was communicated by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary, with a copy sent to the Securities & Commodities Authority.
Mashreqbank PSC has scheduled a Board of Directors meeting on January 30, 2025, at 11:00 am. The agenda includes approval of the minutes from the previous meeting on December 20, 2024, approval of the financial statements for the year ending December 31, 2024, planning for the Annual General Assembly meeting for shareholders on February 27, 2025, and discussion of normal business activities and any other matters. The notice is signed by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary, and a copy has been sent to the Securities & Commodities Authority.

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Dubai Financial Market News

News Update From Mashreqbank PSc

Disclosure: Financial statements for the 2n QTR of 2024

Mashreqbank PSC Group has released its condensed consolidated interim financial information for the period from January 1, 2024, to June 30, 2024.

1. Attached Document

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Dubai Financial Market News

News Update From Mashreqbank PSc

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

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Dubai Financial Market News

News Update From Mashreqbank PSc

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

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ShareUkKhan

Commented on FinanceBroAEDs Transaction regarding Mashreqbank PSc

"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! 💼📈✨"
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FinanceBroAED

Commented on JohnnyDebts Transaction regarding Mashreqbank PSc

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

Commented on TomFloozs Transaction regarding Mashreqbank PSc

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

News Update From Mashreqbank PSc

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.

1. Attached Document

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Dubai Financial Market News

News Update From Mashreqbank PSc

Disclosure: Press release regarding financial results for Q1 2024

1. Attached Document

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Dubai Financial Market News

News Update From Mashreqbank PSc

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

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Dubai Financial Market News

News Update From Mashreqbank PSc

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