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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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Rashed Ali Al Ansari, General Manager, Al Ansari Exchange, and Nicholas David Godfrey, Country Examinations Manager, British Council, during the signing of the agreement.
October 10th, 2017 - 07:19 GMT

Al Ansari Exchange and British Council Join Forces to Offer Convenient Payment Option for IELTS Takers in UAE

The new mortgage is a home loan program aimed at rewarding environmentally-conscious homeowners.
October 10th, 2017 - 05:11 GMT

Doha Bank Launches Qatar’s First ‘Green Mortgage’ Scheme

The total assets of the 48 banks operating in the country reached Dh2.66 trillion ($723 billion) for 2016. (File photo)
October 9th, 2017 - 11:55 GMT

UAE Banks Lead GCC With $723 Billion in Assets

The eCloud technology contributes in cutting AED 1.6 million worth of costs annually.
October 9th, 2017 - 11:24 GMT

UAE MoF Launches eCloud Service for Federal Entities’ Financial and HR Systems

Bank Nizwa - Islamic Finance Knowledge Program
October 9th, 2017 - 09:35 GMT

Bank Nizwa Joins Takaful Oman and Al Kawthar Fund to Launch Islamic Finance Knowledge Program

Mr. Fouad Salame, Group Head of Financial Institutions at Bank ABC Head Office in Bahrain.
October 9th, 2017 - 08:41 GMT

Bank ABC Appoints Fouad Salame as Head of Financial Institutions

This year marks Deloitte’s 91st year in the Middle East with continued presence since 1926.
October 9th, 2017 - 07:16 GMT

Deloitte Marks Eighth Consecutive Year of Solid Growth

DIFC Connect Mobile App
October 9th, 2017 - 06:50 GMT

Dubai International Financial Centre Promotes Innovation and Smart Finance at Gitex Technology Week 2017

The new app lets investors to sell and buy stocks using their smartphones only.
October 9th, 2017 - 05:26 GMT

Capital Investments Launches Online and Mobile-Enabled Stock Trading Application

National Bank of Fujairah
October 9th, 2017 - 05:12 GMT

National Bank of Fujairah Launches Its First Electronic Banking Service Unit in Al Reef Community, Abu Dhabi

Saudi Arabia has plans for a new digital currency for banks. (Pexels)
October 8th, 2017 - 10:59 GMT

Saudi Arabia Announces Digital Currency Exclusively for Banks

Karl Tlais, Senior Director of Innovation & Strategic Partnerships at Visa
October 5th, 2017 - 08:05 GMT

Jordanian Startup Reaches Finals of Visa’s 'Everywhere' Initiative

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