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Banking and Finance

Banking and Finance latest

Mashreq and Cashew Deepen Collaboration to Advance Embedded Lending in the UAE
April 29th, 2026 - 07:47 GMT

Mashreq and Cashew Deepen Collaboration to Advance Embedded Lending in the UAE

Mashreq, a leading financial institution in the MENA region, and Cashew, a UAE-based fintech platform, are strengthening their collaboration to co-create an embedded lending framework that brings together regulated banking expertise and digital platform innovation. Leveraging Cashew’s technology infrastructure alongside Mashreq’s regulated lending, credit decisioning, and risk governance capabilities, the framework embeds financing directly at the point of need. Customers can access funding up to AED 150,000 with repayment tenures of up to 48 months, supported by near-instant approvals and transparent terms. This enables higher-value purchases without significant upfront payments ...
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The bank's total net interest income and Islamic financing income was up 8 percent year-on-year.
October 23rd, 2017 - 07:52 GMT

Abu Dhabi Commercial Bank Reports Q3 2017 Net Profit of Dh1.092 Billion, up 9 Percent

National Bank of Fujairah
October 23rd, 2017 - 05:40 GMT

National Bank of Fujairah Q3 2017 Operating Profit Grows 11.9 Percent Reflecting Continued Focus on Quality Core Business

Mastercard
October 23rd, 2017 - 04:48 GMT

Embedding Tech in Every Conceivable Device: Mastercard Debuts on First Fortune Future 50

The partnership aims at promoting fintech and building a vibrant ecosystem in Abu Dhabi, and the UAE.
October 22nd, 2017 - 06:22 GMT

Abu Dhabi Global Market Partners With Abu Dhabi Commercial Bank to Enhance Fintech Ecosystem in Abu Dhabi

The overall opportunity for the Saudi market is estimated at $42 billion or about SR3 billion annually.
October 19th, 2017 - 09:30 GMT

Saudi Arabia’s PIF Launches SR1.9 Billion Company to Boost Energy Efficiency

Abu Dhabi National Insurance Company
October 19th, 2017 - 04:55 GMT

Abu Dhabi National Insurance Company International Enters UK Market

Velana International Airport in Malé.
October 19th, 2017 - 04:44 GMT

Abu Dhabi Fund for Development Allocates $50 Million for Development of Velana International Airport in Maldives

Bank Nizwa has launched a new Shari’a-compliant home finance solution. (Pictured here: Arif Al Zaabi, Acting Head of Retail Banking at Bank Nizwa.)
October 18th, 2017 - 11:05 GMT

Bank Nizwa Introduces Murabaha-Based Home Finance Solution

The invitation-only Future Investment Initiative (FII) will be held in Riyadh on October 24-26.
October 18th, 2017 - 10:17 GMT

Sovereign Wealth Fund Chiefs to Gather in Riyadh on October 24-26

Ahmadi Music Group is one of Kuwait’s most prestigious music and arts organizations. (Courtesy of Ahmadi Music)
October 18th, 2017 - 08:32 GMT

Burgan Bank Sponsors Kuwaiti Ahmadi Music Group’s Performances for 2017-18

The company will play a key role in achieving the strategic goals of Vision 2030.
October 17th, 2017 - 11:53 GMT

Saudi Arabia’s PIF to Establish Saudi Recycling Company

Abdulmohsen Al-Fares, CEO of Alinma Bank
October 17th, 2017 - 11:47 GMT

Alinma Bank Net Profit Surges 74 Percent in Q3 2017

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