Mashreq posts 163% surge in Q1 2023 net profit
Mashreq reported an operating profit of Dhs1.8 billion, up 96 per cent compared to the same period a year earlier
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Mashreq reported an operating profit of Dhs1.8 billion, up 96 per cent compared to the same period a year earlier
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Source: Hamad I Mohammed/Reuters. Source: Hamad I Mohammed/Reuters. When Norbloc was founded in 2016, it took a few years to find its feet. Headquartered in Sweden, the data expert, specializing in know-your-customer (KYC) technology, set out to sell its digital wares across western Europe. “In our early days, we worked with banks in Sweden, Norway, Belgium and Greece, and found that not an awful lot of financial digitization was going on,” says the firm’s chief executive and co-founder, Astyanax Kanakakis. “Banks were very sceptical about working with each other, ev...