The Board of Directors of Future Union Qatar and all its branches extends its warmest congratulations to the Islamic nation on the occasion of the holy month of Ramadan. We wish you continued success and prosperity.

Le Conseil d’administration de Future Union Qatar et toutes ses branches présentent leurs chaleureuses félicitations à la nation islamique à l’occasion du saint mois de Ramadan. Nous vous souhaitons beaucoup de succès et de prospérité.

Future Union Qatar Enters Negotiations to Acquire Stake in Mashreq al-Arabi Bank for Investment Iraq

DOHA, Qatar – November 11, 2025 – Future Union Qatar announced today the commencement of preliminary negotiations with the Mashreq al-Arabi Bank for Investment Iraq regarding the potential acquisition of a significant stake in the Iraqi bank.

The first round of talks, held in Doha, marks a strategic step for Future Union Qatar as it seeks to expand its footprint in the Iraqi market. This move is a key part of the company’s broader strategy to finance a portfolio of planned projects in Iraq, with the company also planning to establish a direct operational branch in the country in the coming weeks.

The high-level meeting was attended by prominent figures, underscoring the importance of the potential partnership. The Qatari delegation included:

· His Excellency Sheikh Abdulrahman bin Hamad Al Thani.
· His Excellency Mr. Hassan Al-Daghriri, Vice Chairman of the Board of Directors.
· Dr. Abdelgalil Sharaf, Chief Executive Officer.
· Eng. Mohammed Al-Muhaisi, General Manager of Development.
· Advisor Abdunnabi Mohammed, Financial Advisor for the Banking Sector.

The Iraqi delegation was represented by:

· Dr. Qaysar Mahdi, Head of the Delegation.
· Advisor Abdulmohsen Hussein.
· Dr. Malik Al-Afeefa, Head of the Anti-Financial Crime Department.
· Advisor Jassim Jabir Abdul, Bank Advisor.

A spokesperson for Future Union Qatar stated, “Entering these discussions is a testament to our confidence in the economic potential of Iraq and the strength of the Mashreq al-Arabi Bank for Investment. This potential investment aligns with our long-term strategy to support key development projects and contribute to the growth of the Iraqi economy.”

About Future Union Qatar:
Future Union Qatar is a diversified investment company with a focus on strategic acquisitions and project financing across the Middle East and North Africa region. The company is dedicated to identifying high-growth opportunities and forging partnerships that drive economic development.

About Mashreq al-Arabi Bank for Investment Iraq:
The Mashreq al-Arabi Bank for Investment Iraq is a leading financial institution operating under Islamic Sharia principles. It offers a comprehensive range of banking and investment services, playing a vital role in supporting the Iraqi economy and the private sector.