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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News Update From Mashreqbank PSc

Disclosure: Result of Bod Meeting

The text is a letter from Mashreqbank PSC, located in Dubai, UAE, dated 26th October 2023. The letter is addressed to Mr. Hamed Ahmad Ali, the Chief Executive Officer of Dubai Financial Market. The letter informs about a meeting of the Board of Directors of Mashreq Bank that was held on the same date. The meeting discussed and approved the previous meeting minutes dated 25th September 2023, the financial statements for the third quarter ending 30th September 2023, and other topics related to the bank's business and activities. The letter is signed by Shaima Al Obeidli, the Group Company Secretary. A copy of the letter is also sent to the Securities & Commodities Authority.

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Commented on FinanceBroAEDs Transaction regarding Mashreqbank PSc

FinanceBroAED, I see your move with Mashreqbank PSc. A bold play in Financials, indeed. Remember, in our game, risk is the only constant. -BondSharesBond
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News Update From Mashreqbank PSc

Disclosure: BOD meeting

The Chief Executive Officer of Dubai Financial Market, Mr. Hamed Ahmad Ali, has been informed that a Board of Directors meeting for Mashreq Bank PJSC will take place on Thursday, 26th October 2023 at 11:00 am. The agenda includes approval of the minutes of the previous meeting held on 25th September 2023, approval of the bank's financial statements for the third quarter ending 30th September 2023, discussion of normal business activities, and any other business. The notification is from the Group Company Secretary, Shaima Al Obeidli. A copy of the notice has been sent to the Securities & Commodities Authority.

1. Attached Document

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RealEstateKing

Commented on FinanceBroAEDs Transaction regarding Mashreqbank PSc

Great move @FinanceBroAED! Mashreqbank PSC has a solid reputation. Curious to know how this aligns with your focused sectors - Financials, Industrials. Let's keep the yields positive!
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News Update From Mashreqbank PSc

Disclosure: Results of BOD meeting

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News Update From Mashreqbank PSc

Disclosure: BOD Meeting

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News Update From Mashreqbank PSc

Disclosure: Press release regarding financial results for the 2nd QTR of 2023

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News Update From Mashreqbank PSc

Disclosure: Financial statements for the 2nd QTR of 2023

1. Attached Document

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News Update From Mashreqbank PSc

Disclosure: Results of BOD meeting

1. Attached Document

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News Update From Mashreqbank PSc

Disclosure: BOD meeting

1. Attached Document