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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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Subroto Som, Head of Retail, Mashreq
July 31st, 2017 - 09:41 GMT

Mashreq Announces Launch of MashreqPay


Alinma Bank
July 31st, 2017 - 06:19 GMT

Alinma Bank Launches Subsidized Real Estate Financing Program

ASUS
July 31st, 2017 - 06:03 GMT

ASUS Republic of Gamers Announces Strix RX Vega64

BANK ABC Islamic
July 31st, 2017 - 05:57 GMT

Bank ABC Islamic Logs 41% Rise in Net Profit in in Half-Year to $15.1m

Private deposits in Oman are on the rise. (Photo courtesy of Bank Muscat)
July 30th, 2017 - 11:11 GMT

Commercial Banks in Oman See 2.5 Percent More Private Deposits

FAB Wealth Sentiment Index down 1.3% in July
July 30th, 2017 - 07:57 GMT

FAB Wealth Sentiment Index Down 1.3% in July

Arab Bank
July 30th, 2017 - 07:46 GMT

Arab Bank Group Reports First Half 2017 Net Income After Tax of USD 415.2 Million

FAB’s Global Asset Management manages assets in excess of AED7.05 billion, making it one of the largest of its kind in the UAE.
July 27th, 2017 - 09:48 GMT

FAB Announces Its Sukuk Income Fund Earnings

Abdulhamid Saeed, Group Chief Executive Officer of FAB
July 27th, 2017 - 05:45 GMT

FAB Reports First Half 2017 Group Net Profit of AED 5.49 Billion

ABC Islamic Bank’s total assets stood at US$1.443 billion as of June 30, 2017 compared to US$1.634 billion at 2016 year-end.
July 26th, 2017 - 12:10 GMT

Bank ABC Islamic Announces 41% Increase in Half-Year Profit to US$15.1 Million

Bank Nizwa’s Recurring Deposits operate as a savings plan contract between the bank and the customer in full compliance with the Islamic financial principles of Mudarabah.
July 26th, 2017 - 11:20 GMT

Bank Nizwa Launches Shari’a-Compliant Savings Plan

Surplus reserves at UAE banks surged to AED 42.8 billion ($11.6 billion) by the end of June, a growth of 77.6 percent from the first month of 2017, according to UAE Central Bank statistics. (Shutterstock)
July 26th, 2017 - 08:14 GMT

UAE Surplus Reserves Jump 77.6 Percent in June: Central Bank

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