Mashreq, one of the leading financial institutions in the MENA region, has signed a Memorandum of Understanding MoU with Dubai International Financial Centre DIFC to accelerate digital transformation in financial services, enhance client experiences, and strengthen private wealth solutions, cementing the emirate's solid position as a leading global hub for finance, innovation, and family business prosperity.
Under the agreement, Mashreq will work closely with DIFC to introduce advanced digital onboarding and banking solutions for DIFC-based clients, while integrating technology-driven efficiencies that simplify account opening and improve access to financial services, enhancing support for family offices and private wealth structures. The collaboration will also promote venture building and FinTech engagement to advance DIFC's technology-focused ecosystem - further driving innovation in financial services, FinTech, and digital insurance - as well as exploring targeted propositions for global corporates, SMEs, high-net-worth families, and entrepreneurs establishing in the Centre.
From an international perspective, the partnership will focus on enabling capital flows and commercial corridors across key markets, including India, Egypt, China, Hong Kong, the UK, and the GCC. It will further explore digital financing and PropTech opportunities, wealth advisory initiatives, family governance solutions, and the potential launch of Mashreq's private banking and insurance entities within the DIFC framework.
