Mashreq Corporate & Investment Banking Group

Mashreq's 1H 2024 Net Profit Ascends by 14% Year-on-Year to AED 4.0 Billion, building on strong business performance and positive outlook, underpinned by robust customer activity and stable macroeconomic environment. H.E. Abdul Aziz Al Ghurair, Chairman of Mashreq: "Our results for the second quarter keep us on track to deliver strong performance in 2024. We are determined to push forward with our strategic priorities and further improve customer experience, operational performance and risk controls. We are proud of our achievements and remain committed to our strategic vision of innovation, customer-centric solutions. Our ambition remains unchanged – to be the preferred financial partner for customers success journeys.” Ahmed Abdelaal, Group Chief Executive Officer: "In the first half of the year, we continued to deliver on our strategic ambitions, improving profitability and reporting a strong return on equity, driven by strong commercial momentum, robust customer activity, excellent credit quality, and focused cost management. Our results demonstrate that, despite the challenging global environment, we are making excellent progress on our strategic priorities and achieving industry-leading financial performance. This progress was primarily driven by sustained, strong net interest income, while our high customer activity across the business led to a significant uplift in non-interest income, resulting in a second-quarter return on equity of 27.6%.” For the full report, visit: http://ms.spr.ly/6045lXqO1 #Mashreq #H1FinancialResults2024 #FinancialMilestone #BankingExcellence #Innovation #SuccessStory

Mashreq is pleased to announce the appointment of Kwok Lai Shan Lisa as Senior Manager, Corporate Credit – Asia Pacific (EVP) for Credit Management Group. In this pivotal role, Lisa will be instrumental in maintaining and supporting the growth of Corporate and Investment Banking credit portfolio in Asia Pacific. She will also be responsible to ensure a quality loan portfolio of corporate assets by minimizing credit losses and maximizing return on assets and shareholders’ equity. Lisa comes with 30+ years of Banking experience in both Corporate Banking as well as Credit and Risk Management. She joins us from ING Bank NV where she worked for almost 30 years, last serving as Head Corporate Credit Asia. She also spent her early career at The Hong Kong & Shanghai Banking Corporation Ltd. Lisa holds a Bachelor of Social Sciences from the University of Hong Kong, an MBA from Rotterdam School of Management and Master of Science from The Chinese University of Hong Kong. She is also a Fellow of ACCA. Please join us in welcoming Lisa to the Mashreq family! #Mashreq #RiseEveryDay

In this episode, we tackled the issue of waste and its detrimental impact on our environment. Our team continues to climb new heights in their journey to clean up Wadi Degla reserve, raise awareness about waste management and the importance of preserving the biodiversity of such a place. By removing 120+ tons of construction waste, we’re taking a significant step towards a cleaner Wadi Degla. Every action, no matter how small, can make a big difference. Join us and start your own #Climb2Change في هذه الحلقة، قمنا بالتصدي لمشكلة النفايات وتأثيرها الضار على بيئتنا، حيث واصل فريقنا تحقيق المزيد من الإنجازات في رحلته لتنظيف محمية وادي دجلة، والتوعية بأهمية الحفاظ على التنوع البيولوجي في مثل هذه الأماكن. فمن خلال إزالة أكثر من 120 طناً من مخلفات البناء، نتخذ خطوة مهمة نحو وادي دجلة أكثر نظافة. كل فعل، مهما كان صغيراً يمكن أن يحدث فرقاً كبيراً. انضموا إلينا و ابدأوا رحلتكم الخاصة #Climb2Change #Climb2Change #Mashreq #MashreqEgypt #RiseEveryDay #Rise_Every_Day #Sustainability #ClimateChange #ClimateAction

Mashreq, a leading financial institution in the MENA region, has announced its collaboration with The Giving Movement LLC, reflecting Mashreq's steadfast commitment to sustainability as an integral element of success for Mashreq and for our stakeholders. The Giving Movement is a UAE home grown brand and retailer, that produces leisure active wear for Men, woman and children. All garments produced by The Giving Movement LLC are manufactured with Eco Friendly fabrics in line with a sustainable future #Mashreq #MashreqCorporateandInvestmentBanking

Ever played Padel against your coach? It’s all fun and games until you realize they make it look way too easy! Who else can relate? هل سبق لك أن لعبت رياضة البادل ضد مدربك؟ يبدو ذلك ممتعاً إلى أن تدرك أن مدربك يحاول أن يجعل الأمر يبدو سهلاً للغاية! من منكم يتفق معي بذلك؟ #PadelLife #CoachVsPlayer #Padel #PadelMania #RiseEveryDay #Rise_Every_Day #Mashreq

How is generative AI transforming businesses? Hear from Ahmed Abdelaal, Group CEO of Mashreq, at the FT Global Boardroom as he shares how Mashreq has seamlessly integrated AI into its operations. Learn how AI is driving efficiency, enabling personalized experiences, and fostering innovation. From detecting financial crimes to delivering tailored customer solutions, discover how AI is revolutionizing industries and unlocking a future of unprecedented productivity. Watch now and see what the ‘efficiency nirvana’ looks like. #FTGlobalBoardroom #GenerativeAI #Mashreq #RiseEveryDay

The retail landscape is transforming, driven by experience-focused spaces and omnichannel strategies. In November, the Mashreq MEED Business Leaders Roundtable brought together industry leaders to explore these shifts, discussing the rise of integrated retail concepts, the surge in e-commerce adoption, and the growing need for personalized customer experiences. Discover how innovation and technology are shaping the future of shopping. Read here: https://lnkd.in/dSuhZT5J #Mashreq #CorporateandInvestmentBanking #Retail #Innovation

Mashreq is pleased to announce the appointment of Jyothi Bathula as the Global Head of Mashreq Global Network (MGN) & Managing Director of MGN India. In this pivotal role, Jyothi will lead Mashreq’s Distributed Workforce platform, Mashreq Global Network, and oversee its operational setups in India, Pakistan, and Egypt. She will drive the development of the platform, ensuring it aligns with Mashreq’s strategic, digital, and operational objectives and strengthens its position as a key enabler of the bank’s success. With a professional career spanning over 20 years, Jyothi brings extensive experience in banking and technology services. Prior to joining Mashreq, she served as the Chief Operating Officer for UBS India Service Co., in addition to playing the role of COO for India Operations and Technology division, where she managed operations and integration of Credit Suisse into UBS. Previously, Jyothi held leadership roles in Singapore and India at Credit Suisse, where she managed global programs and enhanced operational efficiencies. Jyothi holds a degree in Electronics Engineering from JNTU Hyderabad and an MBA from NUS Business School. Please join us in welcoming Jyothi to the Mashreq family! Read more: http://ms.spr.ly/6044oXq3m #Mashreq #RiseEveryDay #MashreqGlobalNetwork

In 2024, global energy investments will exceed $3 trillion, with $2 trillion for clean energy. Balancing hydrocarbon and renewables is key to meeting Paris Agreement goals. #Mashreq #GlobalEnergy

Attention all online shoppers. Shopping online has made life so much easier—but it also comes with risks like scams and online theft. Keep safe by verifying the website, being cautious of unsolicited offers, avoid public Wi-Fi and report any suspicious activity. Let’s protect each other and support local businesses on trusted platforms. Shop smart, shop safe, and shop secure. تحذير لجميع المتسوقين عبر الإنترنت. لقد أصبحت الحياة أسهل بكثير من خلال التسوق عبر الإنترنت، ولكن ذلك قد يحمل معه بعض المخاطر مثل محاولات الاحتيال وسرقة البيانات. يمكنك مواجهة الاحتيال من خلال التحقق من المواقع الإلكترونية، وتوخي الحيطة والحذر من العروض غير الموثوقة، وتجنب استخدام شبكات الواي فاي العامة، والإبلاغ عن أي نشاط مشبوه. معاً ضد الاحتيال ولندعم الأعمال المحلية عبر المنصات الموثوقة. تسوق بذكاء وثقة وأمان. #Mashreq #RiseEveryDay #Rise_Every_Day #FraudAwareness #UBF #المشرق #تحدّ_اليوم