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Private company

Mashreq

Logo: Mashreq Bank, CC BY-SA 4.0, via Wikimedia Commons3

Emirati bank

Mashreq (Arabic: بنك المشرق) is a major Emirati bank, one of the oldest in the country and the second in the Middle East. Established in 1967 as the Bank of Oman, the bank later rebranded as Mashreq and has since expanded its operations across multiple markets.2 Its chief executive is Ahmed Abdelaal (since 2019).1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1967Founded1
  • Industryfinancial services1
  • HeadquartersDubai1
  • Websitewww.mashreq.com
  • Legal formprivate limited company1

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Mashreq Bank
Photo: Andreseen, CC0, via Wikimedia Commons5

Mashreq (Arabic: بنك المشرق) is a major Emirati bank, one of the oldest in the country and the second in the Middle East. Established in 1967 as the Bank of Oman, the bank later rebranded as Mashreq and has since expanded its operations across multiple markets.2

Leadership

Who has led Mashreq, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Ahmed Abdelaal2019–now

Chair

  1. Abdul Aziz Al Ghurair1977–now
197019801990200020102020
Board members and other officers (1)

Products and brands

Services

Mashreq provides a range of conventional and Islamic banking services, including personal banking solutions such as deposits, loans, and credit cards. The bank also offers corporate and investment banking services, including corporate finance, investment advisory on mergers and acquisitions, initial public offerings (IPOs), and underwriting.

Additionally, Mashreq delivers wealth and asset management services, catering to both institutional and individual clients.

Through its digital banking platform, Mashreq NEO, the bank provides UAE and Egypt residents with a suite of online banking services. The Mashreq NEO app offers functionalities such as account transactions, bill payments, reward tracking, and financial news updates.

Products

Product offerings include:

From Wikipedia’s article on Mashreq (bank), shared under CC BY-SA 4.0.4

Timeline

  1. Oct 14, 2019New chief executive Ahmed Abdelaal becomes CEO1
  2. 1967Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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