8. Mashreq

Established: 1967

Headquarters: U.A.E.

Group CEO: Ahmed Abdelaal


Mashreq is the oldest local bank based out of the U.A.E. In May 2022, Mashreq co-led the sustainability-linked loan for nogaholding in Bahrain at $2.2 billion. It also financed solutions for projects like the Abu Rawash Wastewater Treatment Plant in Egypt, which will benefit more than eight million people. Mashreq has financed and facilitated sustainable deals worth $15.5 billion as of 2022 and aims to increase its facilitated sustainable finance to $30 billion by 2030.

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