Tag Archives: Mashreq

Business & Investments

Mashreq Collaboration with Al Etihad Payments Expands Payment Options for Customers in the UAE

Jaywan Cards to be Accepted on All NEOPAY Terminals in UAE

Dubai, UAE, 09 October 2024: Mashreq, one of the leading financial institution in the MENA region, announced it has further expanded payment options for customers across the UAE with acceptance of Jaywan cards on all NEOPAY terminals.

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Business & Investments

MULTIBANK GROUP, MASHREQ PARTNER TO LAUNCH INSTANT PAYMENTS SERVICE

Dubai, UAE – August 2, 2024: MultiBank Group, the largest financial derivatives institution worldwide headquartered in Dubai, announces its strategic partnership with Mashreq to launch the latest technology enabling instant payments service.

This collaboration aligns with MultiBank Group’s dedication to providing advanced, user-friendly financial services and seeks to enhance transactional efficiency and improve operational transparency for a diverse global clientele of over 1 million traders across 90 countries.

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Business & Investments

Mashreq and MultiBank Group join forces to transform payments with instant payment API Integration

Dubai, UAE, 31 July, 2024: MultiBank Group, a leading online financial derivatives provider, has partnered with Mashreq, one of the leading financial institutions in the MENA region, to introduce an API-enabled Instant Payments solution for corporate clients. This innovative collaboration fully integrates with the Central Bank of UAE’s Aani (Instant Payment Platform), offering significant advantages to both MultiBank Group and Mashreq.

Mashreq is at the forefront of adopting real-time payment APIs, facilitating thousands of daily low-value transactions for corporates. The Instant Payment API allows Multi-Bank Group to conduct domestic fund transfers, account-to-account transfers, and bulk payments in real-time, 24/7/365, without any cut-off times, enhancing payment efficiencies.

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Business & Investments, Education

Mashreq led a record $3.25 billion sustainability-linked financing for GEMS Education

Mashreq led a record $3.25 billion sustainability-linked financing for GEMS Education

  • Landmark deal marks the largest sustainability-linked financing in the region
  • Debut Sustainability-linked financing for GEMS Education
  • Mashreq acted as the Lead Sustainability Coordinator, Initial Mandated Lead Arranger and Bookrunner, Account Bank, and Global Agent & Conventional Facility Agent
  • The financing will be tracked against a set of relevant Key Performance Indicators (KPIs) during the 10-year tenure of the facility

Dubai, UAE,24 July2023: Mashreq, a leading financial institution in the MENA region, leda  groundbreaking $3.25 billion Leverage Buyout Sustainability-linked financing for GEMS Education.

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Business & Investments

Emaar, Mashreq and Visa Partner To Facilitate Integrated B2B Payables

  • The partnership will facilitate digitization and automation of Emaar’s B2B Payments through Visa & Mashreq’s virtual card solution over a direct ERP integration.
  • A distinctive and unique proposition for large and mid-sized corporates in the Middle East region to enhance payment efficiencies in their processes and helping drive working capital enhancements.

Dubai, UAE – 7th July 2024 – Visa (NYSE: V), a world  leader in digital payments, Emaar Properties PJSC, the largest real estate developer in the UAE, and Mashreq have partnered to digitize B2B Payments through an integrated payables solution using Visa and Mashreq virtual card solution.

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