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