Dubai’s Mashreq has completed the sale of a majority stake in its payments business, NeoPay, to a consortium led by Arcapita Group and DgPays. The deal, valued at $385m, will see Mashreq retain ...

Mashreq, a Dubai-based banking group, has collaborated with Mastercard to support the launch of its digital bank in Pakistan. The companies entered a multi-year agreement in this regard.