The Middle East's

Top 100 Listed
Companies 2022

51. Mashreq Bank

Country: U.A.E.

Sector: Banks & financial services

Group CEO: Ahmed Abdelaal

Market Value: $4.2 billion

Sales: $2.5 billion

Profits: $293 million

Assets: $48.2 billion

Mashreq was founded by the Al Ghurair Group and is among the oldest banks in the U.A.E. The Al Ghurair Group remains a major shareholder in the bank through its subsidiaries. Mashreq currently operates in the U.A.E., Bahrain, Kuwait, Egypt, Hong Kong, India, Qatar, the U.K., and the U.S.