Mashreq and DIFC will work together to roll out digital onboarding and next-generation banking tools for DIFC-based clients, making account opening faster and expanding access to financial services for family offices and private wealth structures.
The collaboration will further boost venture-building efforts and deepen fintech engagement across DIFC’s innovation-driven ecosystem, supporting advancements in digital finance, insurtech, and tailored offerings for global corporations, SMEs, high-net-worth families, and entrepreneurs.
The agreement also focuses on improving international capital flows across major markets, including India, Egypt, China, Hong Kong, the UK, and the GCC.
Both organisations will explore new opportunities in digital financing, proptech, wealth advisory, and family governance, as well as consider the potential setup of Mashreq’s private banking and insurance entities within the DIFC.
Arif Amiri, CEO of DIFC Authority, stated:
“DIFC continues to deepen partnerships with institutions like Mashreq to drive growth aligned with Dubai’s Economic Agenda (D33), especially in financial services, technology, innovation, and family wealth.”
Ahmed Abdelaal, Group CEO of Mashreq, said:
“Mashreq remains committed to supporting Dubai’s global leadership in finance, wealth, and enterprise. This partnership with DIFC underscores our shared goal of fostering innovation, widening digital access, and strengthening the environment for international investors.”
Clients within DIFC will benefit from smoother onboarding, faster processing for referred applications, and improved wealth advisory services.
Mashreq will also collaborate with the DIFC Family Wealth Centre (DFWC) to deliver solutions for governance, succession planning, tax optimisation, and family charters.
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