market-analysis

AI investments help lift Mashreq’s first-quarter profits

By CityCalc Newsroom · Fri May 01 2026 · Source: AGBI

Mashreq said its net profit attributable to owners increased in the first quarter of 2026, as the lender invested in AI and operating income grew by double digits despite the Iran conflict.   Net profit at the UAE’s oldest bank increased 7 percent to AED1.9 …

Mashreq said its net profit attributable to owners increased in the first quarter of 2026, as the lender invested in AI and operating income grew by double digits despite the Iran conflict.   Net profit at the UAE’s oldest bank increased 7 percent to AED1.9 …

Curated by CityCalc from AGBI. Read the full article at the source.

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