# Mashreq Egypt

> Source: https://docs.barcoder.ai/docs/wallets/mashreq-egypt
> research date 2026-06-01 · extracted at 2026-10-03
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Mashreq EG — official](https://www.mashreq.com/eg/)

## Key details

- **Launch:** 2007

## Overview

**Mashreq Egypt** is **Egyptian commercial banking subsidiary of Mashreq Bank UAE parent DFM: MASQ** + **Mashreq Bank UAE parent ~100%+ controlling** + **one of Egypt's foreign-owned commercial banks** + **founded 2007 in Cairo Egypt as Mashreq Bank's Egyptian commercial banking subsidiary** <sup>[1][1], [Egypt report](https://docs.barcoder.ai/docs/payments/EG)</sup>.

## History

**2007 — Mashreq Bank Egypt founded in Cairo Egypt as Mashreq Bank UAE parent DFM: MASQ's Egyptian commercial banking subsidiary** distinctive Egyptian-UAE banking heritage.

**2014 — Mashreq Egypt Mobile banking app launch**.

## Ownership & operator

**Operating entity**: **Mashreq Bank Egypt** (Egyptian commercial banking subsidiary of Mashreq Bank UAE parent).

**Major shareholders**: **Mashreq Bank (DFM: MASQ; UAE parent) ~100%+ controlling**.

**Regulators**: **Central Bank of Egypt CBE + Central Bank of UAE CBUAE via Mashreq parent**.

## Technical integration

Mashreq Egypt Mobile app (iOS + Android) + mashreq.com/eg online + Mashreq Bank Egypt branch network across Egypt + Mashreq Visa + Mastercard + Meeza Egyptian national card scheme; Meeza national card scheme + Meeza QR (Egyptian national QR payment scheme) + Egyptian Pound EGP domestic transfers.

## Implementations & partners

**Parent group**: [Mashreq NEO + NEOPAY (UAE)](https://docs.barcoder.ai/docs/wallets/mashreq-neo) (Mashreq Bank; DFM: MASQ; UAE commercial bank; one of UAE's oldest private commercial banks; Al-Ghurair family ~88%+ controlling).

**Major Egyptian banking + payments competitors**: [National Bank of Egypt (NBE)](https://docs.barcoder.ai/docs/wallets/nbe-egypt) (National Bank of Egypt NBE) + [CIB (Commercial International Bank Egypt)](https://docs.barcoder.ai/docs/wallets/cib-egypt) (Commercial International Bank CIB; CASE: COMI) + [Banque Misr (BM Online + onebank)](https://docs.barcoder.ai/docs/wallets/banque-misr) (Banque Misr) + [QNB AlAhli](https://docs.barcoder.ai/docs/wallets/qnb-alahli) (QNB Al Ahli Bank Egypt) + [Arab African International Bank (AAIB)](https://docs.barcoder.ai/docs/wallets/aaib-egypt) (Arab African International Bank AAIB) + [HSBC Egypt](https://docs.barcoder.ai/docs/wallets/hsbc-egypt) (HSBC Egypt) + [FAB Egypt](https://docs.barcoder.ai/docs/wallets/fab-egypt) (FAB Egypt) + [Emirates NBD Egypt](https://docs.barcoder.ai/docs/wallets/emirates-nbd-egypt) (Emirates NBD Egypt).

**Regulators**: Central Bank of Egypt CBE + Central Bank of UAE CBUAE via Mashreq parent.

## Status

**Active, Egyptian commercial banking subsidiary of Mashreq Bank UAE parent DFM:MASB + Mashreq Bank UAE parent ~100%+ controlling + one of Egypt's foreign-owned commercial banks + founded 2007 in Cairo Egypt as Mashreq Bank's Egyptian commercial banking subsidiary** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.mashreq.com/eg/ "Mashreq EG — official"
[2]: https://en.wikipedia.org/wiki/Mashreq_Bank "Mashreq — Wikipedia"
[eg-cro]: https://docs.barcoder.ai/docs/payments/EG

- [1] [Mashreq EG — official][1]
- [2] [Mashreq — Wikipedia][2]
- <sup>[Egypt report](https://docs.barcoder.ai/docs/payments/EG)</sup> In-corpus: `reports/countries/EG-egypt.md`

## Source

Biography extracted from [mashreq-egypt.md](https://docs.barcoder.ai/source/wallets/mashreq-egypt). See `matrix.md` for standards-support matrix if present.