Established in 1967, Mashreq Bank is one of the oldest and largest financial institutions in the United Arab Emirates. The bank offers a comprehensive suite of services, including personal banking, corporate banking, and investment solutions. Through its subsidiary, Mashreq Capital, the bank provides asset management services, managing multiple public funds and discretionary portfolios for institutional investors and high-net-worth individuals. In April 2025, Mashreq Bank partnered with Goldman Sachs Asset Management to offer discretionary investment services to its wealth management clients, enhancing its investment platform and catering to the evolving needs of its clientele. This collaboration aims to provide clients with access to a range of discretionary portfolios, aligning with Mashreq's commitment to delivering superior customer experience and leading investment solutions. The partnership with Goldman Sachs Asset Management, which oversees approximately $3.1 trillion in assets, enables Mashreq to offer diversified investment solutions across fixed income, equity, alternatives, and multi-asset classes. This strategic alliance underscores Mashreq Bank's dedication to expanding its investment offerings and strengthening its position in the regional financial market.