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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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Sharjah Islamic Bank
July 17th, 2017 - 10:43 GMT

SIB’s Net Profits up 6.2% in First Half of 2017

The low oil price environment continues to exert pressure on government revenues. (AFP/ File)
July 16th, 2017 - 01:22 GMT

Weak Oil Prices Affect Money Supply, Performance of Banks in GCC: Report

Mr. Arif Al Zaabi, Acting Head of Retail
July 16th, 2017 - 10:55 GMT

Bank Nizwa Credit Cards Continue to Attract New Customers

H.E Rashed Al Blooshi, ADX CEO
July 16th, 2017 - 10:32 GMT

Foreign Investors Purchase 2.1 Billion Dirhams Worth of Shares in ADX in June 2017

The agreement was signed by HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs; and HE Ousmane Mey Al Amine, Minister of Finance of the Republic of Cameroon.
July 16th, 2017 - 09:06 GMT

UAE MoF Signs Agreement for the Avoidance of Double Taxation With the Republic of Cameroon

UAE Ministry of Finance
July 16th, 2017 - 05:10 GMT

UAE MoF and the Federal Authority for Government Human Resources Launch Two Strategic Government Projects

Invest Bank
July 13th, 2017 - 11:34 GMT

Invest Bank Reports Dh177.9m First Half Net Profit

The MoU will position FinTech Hive at DIFC as first accelerator to support growth of Islamic FinTech, said a statement from DIFC Authority.
July 13th, 2017 - 08:52 GMT

DIFC to Launch Islamic FinTech Initiatives

HSBC earned the most investment banking fees in the Middle East during the first six months of 2017, a total of $29.2 million. (AFP/ File)
July 12th, 2017 - 11:04 GMT

Middle East's Investment Banking Fees Down 15 Percent in 2017: Thomson Reuters

The signing took place on the sidelines of WTO’s Aid for Trade Global Review 2017 in Geneva by Eng. Hani Salem Sonbol, CEO of ITFC, and Mr. Dimitris Tsitsiragos, Vice President of IFC.
July 12th, 2017 - 09:15 GMT

The International Islamic Trade Finance Corporation and the International Financial Corporation Partner for the Achievement of Sustainable Development Goals in Common Member Countries

Qatar National Bank (QNB).
July 12th, 2017 - 05:45 GMT

QNB Announces Financial Results for Six Months Ended 30 June 2017

Bank ABC is a leading international wholesale bank operating from presences across MENA, Europe, Asia, USA and Brazil.
July 11th, 2017 - 10:51 GMT

Bank ABC Appoints New Group Chief Credit and Risk Officer

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