THE MIDDLE EAST’S
38. Mashreq
Country: U.A.E.
Sector: Banks & Financial Services
Group CEO: Ahmed Abdelaal
Market Value: $14.48 billion
Founded in 1967, Mashreq operates across 15 markets spanning the Middle East, Asia, Europe, and the U.S. In 2025, the bank has pushed further into digital banking through new platforms and investment products. It also launched Mashreq NEO in Pakistan and through Mashreq Capital, it set up its multi-asset BITMAC Fund, offering exposure to Bitcoin. Total assets reached $91.1 billion in 2025, with net profit of $1.9 billion.