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	About Dubai Quality Group
		Mashreqbank psc is one of the leading banks in the UAE, with total assets of AED 23,700 million (US$ 6,452.5 million) as at 31st December 2002.
		Mashreqbank adopted Total Quality Management Concept in 1993 and went through a complete transformation in terms of its structure.
		Mashreqbank is admired for the radical transformation that it has gone through in the structure, culture, values and strategic direction.
	www.dqg.org /2004/members/mashreq.asp (337 words)

	New Investment Forays to Boost Mashreqbank
		Mashreqbank, with total assets of 31.95 billion dirhams ($8.71 million) as at end of 2004, is the largest private bank in the UAE.
		Mashreqbank’s interest income increased by 28.3 percent in 2004 to 1.42 billion dirhams from 1.11 billion dirhams in the previous year.
		Mashreqbank is the second oldest commercial bank in the country, having originally been established as Bank of Oman Ltd. in 1967 in Dubai.
	www.arabnews.com /?page=6§ion=0&article=61900&d=10&m=4&y=2005&pix=business.jpg&category=Business (731 words)

	Gulf Business - Shopping for custom (Site not responding. Last check: 2007-09-14)
		EBI and Mashreqbank, with their aggressive strategies and good management in place, have for years been regarded as leaders in the consumer finance sector.
		Mashreqbank’s retail franchise has grown substantially in recent years, with personal loans representing 39 per cent of the portfolio.
		Indeed, Mashreqbank is already seeing the benefit of a strong retail franchise, especially in the area of non-interest income.
	www.gulfbusiness.com /html/articleview.asp?cid=1316 (591 words)

	News on Islamic banking, insurance and finance
		Mashreqbank, which has successfully sold 60 new investment products in the UAE during the last 18 months, has now come out with its first Islamic investment fund, jointly with National Commercial Bank (NCB) of Saudi Arabia.
		According to Mashreqbank officials, the funds will be invested in the U.S., Europe and Japan roughly in the ratio of 35 per cent, 30 per cent, and 35 per cent.
		Nabeel Waheed, head of treasury and capital markets at Mashreqbank, said his bank selected NCB because of the high reputation of its Sharia Advisory Board and its unblemished track record for managing principle secured funds of this type.
	www.islamic-banking.com /news/uae/mashreqbank_1102.php (383 words)

	Moody's upgrades Mashreqbank - Zawya.com \| Middle East Business News
		Mashreqbank was upgraded in the report, alongside three National banks.
		Mashreqbank leads not only in offering the widest variety of products and services, but also in investing in the most advanced technology and management processes that underpin them," said Abdul Aziz Al Ghurair.
		In the first three-quarters of 2004 Mashreqbank's profits jumped 22.3 per cent over the previous year to Dh543 million and it total assets increased to Dh31.5 billion.
	www.zawya.com /story.cfm?id=ZAWYA20041228091519 (421 words)

	Mashreqbank
		Mashreqbank and Mizuho Corporate Bank have jointly signed an agreement to provide guarantee facility to the contracting consortium that won the contract to build the Dubai Metro.
		Mashreqbank Group announced that the its Net Income for the first half of 2005 climbed 100.13 per cent to reach Dh676.6 million as compared to Dh338.1 million for the corresponding period in 2004.
		Mashreqbank has announced a Summer Loan Carnival, whereby 15 lucky winners taking out loans this summer will have all the interest payable on their loans written off for the duration of the loan.
	www.ameinfo.com /news/Company_News/M/Mashreqbank (411 words)

	ISN 2005/07: [ISN] Hackers attack Mashreqbank
		In a statement, Mashreqbank said that its IT security officers had detected a large number of failed attempts at logging in to access accounts for funds transfer from unconventional IP addresses.
		Mashreqbank customers last week received an e-mail alert, stating the bank had detected a "heightened level of internet hacking activity" in recent weeks.
		The alert advised them to change their password from a PC that "you are sure has been verified not to have any viruses or spyware installed." Users may have installed malicious programs which could capture their login ID or password, the alert said.
	lists.jammed.com /ISN/2005/07/0011.html (641 words)

	MENAFN - Middle East North Africa . Financial Network News: Mashreqbank H1 net up 18pc to Dh270m
		Responding to the downturn in interest rates, Mashreqbank issued a total of 35 different investment products in the first six months which met with great success and are reaping substantial returns for their investors.
		Mashreqbank also launched Cash Management, a fully integrated back office service for corporate clients that incorporates document pick up, Internet enquiries and transactions, cash pick up and delivery and a differentiated cheque clearing system which automates clients' reconciliation.
		In cooperation with the Ministry of Finance, Mashreqbank also played a pioneering role in introducing a new Smart Card procedure to streamline the issuing of UAE residence visas.
	www.menafn.com /qn_news_story_s.asp?StoryId=24222 (490 words)

	Gartner ranks Mashreqbank IT as "Exemplary" (Site not responding. Last check: 2007-09-14)
		The detailed, multi-faceted study found that Mashreqbank’s IT organization was aligned with major trends in the industry and conformed with the best practices of comparable global banks.
		Abdul Aziz Al-Ghurair, CEO of Mashreqbank, said “Our superior customer service is backed by a world class IT infrastructure which is fully aligned and I am delighted that this has been endorsed by Gartner, the recognized global leader in IT research.
		Mashreqbank psc is the largest private bank in the UAE.
	www.mindscapeit.com /News/GartnerReport2004.asp (616 words)

	Khaleej Times Online
		He said that 2003 was a remarkably good year for the UAE banking sector and that the current level of economic activity in the country showed promise for good performances in 2004.
		The CI report noted that Mashreqbank has the largest non-interest revenue base of all UAE banks, thanks to its diversified business with multiple revenues streams.
		Liquidity levels are closely monitored and Mashreqbank has maintained its key ratios at comfortable levels for several years, and its funding base has been diversified over the wider maturity spectrum.
	www.khaleejtimes.com /DisplayArticle.asp?xfile=data/business/2004/July/business_July45.xml§ion=business&col= (402 words)

	Arab Strategy Forum VIPs gather for Mashreqbank-hosted luncheon - Zawya.com \| Middle East Business News
		"Mashreqbank is privileged to host this important gathering for leading and influential dignitaries from all over the world.
		The Mashreqbank VIP luncheon provided an opportunity for the Forum speakers to freely exchange their views on the ideas and strategies of the presenters.
		Mashreqbank's participation in the Arab Strategy Forum reflects the bank's commitment to the development of the Arab world, in particular the Gulf region.
	www.zawya.com /story.cfm?id=ZAWYA20041215085834 (307 words)

	Mashreqbank and Damac sign mortgage MoU - Property World ME (Site not responding. Last check: 2007-09-14)
		“Mashreqbank is pleased to tie up with a dynamic developer such as Damac Properties, with a vast portfolio of off-plan properties appealing to a wide spectrum of investors and home purchasers.
		Mashreqbank offers an attractive loan and repayment structure which will enable purchasers to be relieved of paying both rent and loan repayments prior to delivery of the purchased apartments, collecting only the interest during the construction period.
		Unique to the UAE, Mashreqbank is the only bank to offer personalised service for Home Loan customers, whereby a representative visits the customer in their office or home with all the necessary documents and, more importantly, the knowledge and expertise on the mortgage purchase process.
	www.propertyworldme.com /content/html/834.asp (759 words)

	albawaba.com middle east news information::Mashreqbank first half Net Income soars 100 pc
		Mashreqbank CEO Abdul Aziz Al Ghurair said the bank’s continuing strong performance reflects the UAE’s buoyant economy and the bank’s commitment to service excellence.
		Mashreqbank launched the region’s first fl platinum credit card and also the first Unfixed Deposit product, allowing savers to enjoy higher rates of returns in comparison to fixed deposits, at the same time as retaining liquidity.
		Among its many commercial banking projects Mashreqbank, along with two other local banks, signed an agreement to provide project finance for the contractor chosen to construct the Burj Dubai, Emaar’s iconic tower which will become the world’s tallest building.
	www.menareport.com /en/business,Financial_Markets/186352 (549 words)

	Mashreqbank opens UAE’s first dedicated mortgage centre in Jumeirah - Property World ME (Site not responding. Last check: 2007-09-14)
		Mashreqbank, which was the first UAE commercial bank to launch mortgage products, provides the widest variety of mortgage facilities in the marketplace, including pre-approved loans for potential buyers.
		Mashreqbank Home Loan consultants are specially trained in the full range of mortgages offered by the bank and can also visit customers in their home or office to provide financial advice.
		Mashreqbank undertakes credit assessments and approvals for both residents and non-residents and provides mortgage terms of up to 15 years.
	www.propertyworldme.com /content/html/856.asp (458 words)

	MiddleEastEvents.com - Resale & Rental Property Show
		Mashreqbank the event's Finance sponsor, will be provide financial advice and loan opportunities.
		Mashreqbank has recently introduced Market Value Funding for completed properties, allowing customers to avail finance on secondary purchase for completed properties.
		With 34 branches across UAE, and the first dedicated Home Loan Centre in UAE, Mashreqbank is geared up to make the dream of owning a home a reality.
	www.middleeastevents.com /site/pres_dtls.asp?pid=470 (419 words)

	Dubai - Dubai News - Dubai Events DPM News Agency - ÃÎÈÇÑ ÏÈí (Site not responding. Last check: 2007-09-14)
		Abdul-Aziz Al-Ghurair, CEO of Mashreqbank, observed “Thanks to its visionary leaders, the UAE’s economy is one of the most vibrant in the world and is reflected across all sectors.
		To the end of September, Mashreqbank generated an Operating Income of Dh2.2 billion, compared to Dh1.2 billion in the first nine months of 2004.
		Mashreqbank is the only bank in the region issuing fully enabled smart cards and a premium fl Platinum credit card.
	www.dubaiphotomedia.com /dubai/doc_cont.asp?id=69902 (613 words)

	albawaba.com middle east news information::Mashreqbank launches new mortgage products
		Mashreqbank has introduced a wide variety of additional mortgage and realty finance products to satisfy demand from a widening base of customers.
		Mashreqbank was among the first financial institutions to pioneer home mortgage products and services in the UAE property market, which is expected to become a US$200 billion industry by 2010.
		By offering resale finance for selling on property, and refinancing or ‘equity release’ for properties that have been purchased and paid for, Mashreqbank is helping to facilitate a healthy secondary market as well as enabling investors to build up a healthy property portfolio.
	www.menareport.com /en/business/178086 (426 words)

	Mashreqbank, Visa reward jeweller for busting card fraudsters (Site not responding. Last check: 2007-09-14)
		MashreqBank and Visa International has acknowledged Dubai-based Al Atheer Jewellery and the owner, UAE national, Haji Abbas, for setting an example in assisting law enforcement agencies to combat credit card fraud and arrest of criminal gang, active in the UAE.
		Mashreqbank’s Fraud Management Unit enhanced its operations in 2002 with specific initiatives including Code 11 security measure, which has significantly helped combat counterfeit card fraud.
		Being one of the largest acquirer in UAE, Mashreqbank conducts comprehensive training for all its merchants twice in a year to better equip them with anti-fraud initiatives.
	www.strategiy.com /inews.asp?id=20050524084856 (565 words)

	ITP.net {News: Mashreqbank to revamp data management}
		Mashreqbank’s comprehensive business continuity infrastructure works on a two-tier basis, with one system based at the main data centre and the other on a remote site, thus eliminating the possibility of data loss in the event of a system disruption.
		This infrastructure provides an essential safeguard for Mashreqbank, which relies on the integrity and availability of vast amounts of financial information, and operates a zero tolerance policy on data loss.
		“Mashreqbank’s latest storage deployment reflects the bank’s commitment to really understanding the business value of its data before selecting a platform on which to store and manage this information.
	www.itp.net /news/details.php?id=12733&category= (613 words)

	albawaba.com middle east news information::Tanmia and Mashreqbank sign MoU to provide employment opportunities to 80 ... (Site not responding. Last check: 2007-09-14)
		Mashreqbank will provide intensive three-month on the job training, using the expertise of in-house trainers and banking professionals.
		By partnering with a leading bank like Mashreqbank, UAE Nationals have a good opportunity to obtain the highest level of training in these fields and enhance their chances of working with the bank,” said Mr.
		Mashreqbank also runs a fast-track Mashreq Al Mustaqbal programme to groom college graduates for managerial positions as well as Core Time, an opportunity for college students to continue their higher studies at the same time as working part time for the bank.
	www.albawaba.com /en/countries/UAE/183771 (662 words)

	Mashreqbank supports Dubai Women Association (Site not responding. Last check: 2007-09-14)
		Mashreqbank has donated 20 personal computers to the Dubai Women Association (DWA) in order to enhance computer literacy among UAE women.
		Now in its second year, Mashreqbank established it’s Cause of the Month programme to assist charitable organisations specialising in providing support to less fortunate members of society, particularly those providing vocational training.
		Mashreqbank’s Cause of the Month program has been helping various charities in the UAE and the region.
	www.strategiy.com /inews.asp?id=20050529143754 (635 words)

	albawaba.com middle east news information::Mashreqbank hires first batch of 20 UAE Nationals registered with Tanmia (Site not responding. Last check: 2007-09-14)
		Mashreqbank has hired 20 UAE National jobseekers registered with the National Human Resources Development and Employment Authority (Tanmia) and has commenced training for the second group of prospective Emirati employees.
		To prepare the 20 fresh recruits for their new roles, they were given an intensive three-month on-the-job and classroom training programme conducted by the bank’s in-house trainers and professional mentors.
		Earlier this year, Tanmia had signed a Memorandum of Understanding (MoU) with Mashreqbank whereby the bank would train UAE Nationals in banking and financial services and, on the successful completion of the training course, provide them with employment opportunities at the bank.
	www.albawaba.com /en/countries/UAE/190633 (938 words)

	Khaleej Times Online
		DUBAI - Mashreqbank has opened a new branch in Al Ghusais Industrial Area 1, on the main Baghdad Road, which features a 24-hour public anteroom with ATM, phone banking and an online banking kiosk.
		Steven Pinto, Head of Retail Banking Group, Mashreqbank said: "We at Mashreqbank are dedicated to adding value in everything we do, like having extended opening hours and the widest range of traditional and online services.
		Since the advent of Internet banking, Mashreqbank has followed a 'Clicks and Mortar' philosophy of providing more neighbourhood branches, each one capable of providing all the service of main branches through advanced technology.
	www.khaleejtimes.com /DisplayArticle.asp?xfile=data/business/2003/December/business_December537.xml§ion=business (232 words)

	Mashreqbank releases promising Q3 profits :: Gowealthy.com
		The Mashreqbank Group's Net Profit for the first three-quarters of 2005 soared 101 per cent in comparison to the same period last year to reach over USD 273 million, 45 percent more than the whole of 2004.
		To the end of September, Mashreqbank generated an Operating Income of USD 600 million, compared to USD 3.27 million in the first nine months of 2004.
		At the recent EFMA 2005 Cards and Payments Conference and Expo held in Paris in September, Mashreqbank was awarded first prize in the prestigious Grand Prix 2005 for having the best credit card Rewards and Loyalty Program in the world.
	www.gowealthy.com /realestate/news/471/detail.asp (414 words)

	Company News On Call
		Established as Bank of Oman Ltd. in 1967 in Dubai, Mashreqbank is the second oldest commercial bank in the United Arab Emirates.
		Mashreqbank's decision to deploy the advanced CA solution was motivated by its need to exercise greater control over the time, resources, and money invested in the creation of new eBusiness applications -- as well as by the bank's adoption of Management-by-Objective (MBO) principles.
		It is the second oldest commercial bank in the UAE having originally been established as Bank of Oman Ltd. in 1967 in Dubai.
	www.prnewswire.com /cgi-bin/stories.pl?ACCT=105&STORY=/www/story/08-14-2002/0001783003 (523 words)

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