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As Qatari sovereign and corporate money moves abroad, Mashreq is following it out the door
Its latest move: a GBP 450 mn green loan behind Diar’s refinancing for a hotel on Grosvenor Square
Inside the architecture of a borderless bank
A borderless bank starts with an operating system that can travel. As Mashreq scales across the UAE, Egypt, the India…
THIS MORNING: UAE fends off another round of cyberattacks against key sectors + Archer acquires three Boeing units
Dubai banks are having to pay mns of USD to back up data abroad after AWS disruption
Moody’s warns bank AI race risks “systemic dependency” on Silicon Valley
Moody’s warns that banking’s rapid integration of proprietary AI models risks creating a “systemic dependency” on a highly concentrated group…
HSBC Private Bank appoints UAE lead + Emirates Biotech taps new COO
The new appointment comes as the UAE continues to develop its biotech
HSBC to sell Egyptian retail portfolio to Emirates NBD
HSBC says it remains committed to corporate and investment banking in Egypt; the two business units account for the lion’s…
A sea of earnings from Mashreq, Adnoc Drilling, Aldar, ADIB, Tecom
Mashreq’s bottom line was up 26% y-o-y to AED 2.1 bn in 2Q
CBD completes its USD 600 mn AT1 reset
CBD has issued fresh AT1 paper at 6.625% after redeeming its 2020 capital securities
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