Press releases, Reports & Disclosures for Mashreqbank PSc

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.

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.

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.

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.

Mashreqbank P.S.C., headquartered in Dubai, UAE, has announced a Board of Directors meeting scheduled for April 19th, 2024 at 9:00 am. The agenda for the meeting includes routine business activities and other business matters. This information was communicated by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary, to Mr. Hamed Ahmad Ali, the Chief Executive Officer of Dubai Financial Market. A copy of the announcement was also sent to the Securities & Commodities Authority.

The Chief Executive Officer of Dubai Financial Market, Mr. Hamed Ahmad Ali, has been notified about a Board of Directors meeting of Mashreq Bank PJSC, scheduled for Thursday, April 25th, 2024 at 11:00 am. The meeting's agenda includes the approval of the minutes from the previous meetings held on January 29th and March 26th, 2024, approval of the bank's financial statements for the first quarter ended March 31st, 2024, discussion of normal business activities, and any other business. The notification was sent by Shaima Al Obeidli, Head of Corporate Governance & Group Company Secretary. A copy was also sent to the Securities & Commodities Authority.

Mashreqbank PSC, based in Dubai, UAE, held a Board of Directors meeting on 26th March 2024. The meeting saw the election of Abdulaziz Al Ghurair as Chairman and Ahmad Al Khallafi as Vice Chairman of the board. The composition of the Board Committee was also appointed. Other topics related to the bank's business and activities were discussed. The information was communicated by Shaima Al Obeidli, the Group Company Secretary.

Mashreqbank P.S.C. held its Annual General Assembly Meeting on 7th March 2024. The meeting was conducted at the Mashreqbank Head Office and virtually, chaired by H.E. Abdulaziz Abdulla Al Ghurair. The quorum of total attendees was 94.73%. The meeting resulted in the approval of the Board of Directors' report on the bank's activity and its financial position for the year ended 31st December 2023. The auditor's report for the same financial year was also approved. Furthermore, the bank's balance sheet and profit and loss account for the financial year ending 31st December 2023 were approved.

The Mashreqbank PSC, located in Dubai, UAE, has issued a final list of candidates for its Board Membership. This list comes after the approval of the candidates by the UAE Central Bank and the Board Nomination & Compensation Committee, in compliance with governance regulations. The candidates include Abdulaziz Al Ghurair, Ali Lootah, Iyad Malas, John Iossifidis, Rashid Al Ghurair, Saeed Al Ghurair, Rashid Al Jarwan, Mariam Ghobash, and Ahmad Al Khallafi. The information was conveyed by Shaima Al Obeidli, the Group Company Secretary, to Mr. Hamed Ahmad Ali, the CEO of the Dubai Financial Market.