The MATF this year will be available to customers in Malaysia from 10 February 2012 until 17 February 2012, offering up to 500,000 seats for travel.
Fares offered in this year's MATF will be all-inclusive, incorporating air fare, fuel surcharges and airport taxes.
Earlier this year, in an effort to bring international standards to the regional industry, Mashreq moved the MATF
fund to Daily Dealing from twice weekly Dealing.
The Cabinet was briefed on the report of the projects in the Two Holy Mosques, including the expansion of the area around Ka'aba (Matf
)) and the holy sites within the framework of the legitimate and jurisprudential laws for the rituals due to the increasing number of pilgrims which requires providing maximum comfort and safety for the pilgrims.
Summary: In an effort to adopt global best practice in the UAE, Mashreq is now offering Makaseb Arab Tigers Fund (MATF) investors greater flexibility by offering Net Asset Value at the end of each business day.
Standard and PoorCOs, one of the world's foremost providers of independent credit and fund ratings assigned the MATF fund an CyAACO high quality rating.