Mashreq Capital DIFC Ltd is the 11th firm to join the DIFX, which has attracted a range of prominent Members based both internationally and in the region. It is based in the Dubai International Financial Centre and has joined as a trading member.
Earlier this year, Mashreqbank, the parent company of Mashreq Capital DIFC Ltd, listed on the DIFX its US$750 million Euro Medium Term Note Programme as well as two series of Floating Rate Notes issued under it.
Abdul Aziz Al Ghurair, Chief Executive of Mashreqbank, commented: “The DIFX will serve as a gateway for the flow of capital to and from the region. We look forward to operating on the DIFX as an active market participant and we believe it will become the premier international exchange in the Middle East.”
Nasser Alshaali, Chief Operating Officer of the DIFX, commented: “We are delighted to welcome Mashreq Capital as the latest firm owned by a United Arab Emirates bank to join the DIFX.
“This is a significant step forward as the DIFX strengthens its role as a platform for local and regional companies to reach out to the global market. We aim to attract many more regional and international Member by the end of this year."
