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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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Sanjay Malhotra, Chief of Consumer Banking, DIB
June 18th, 2017 - 10:40 GMT

Dubai Islamic Bank Launches “DIB Express Transfer” an Instant Remittance Solution to India

Moody’s rating reflects Bank Nizwa’s strong performance and the increasing penetration of Shari’a-compliant banking assets in Oman.
June 18th, 2017 - 08:21 GMT

Bank Nizwa Receives Moody’s Investment Grade Rating

The gathering was attended by senior officials from key Mastercard merchant and bank partners.
June 18th, 2017 - 07:25 GMT

Mastercard Celebrates Ramadan With Partners in UAE

The event was attended by all MEPS employees and senior management.
June 18th, 2017 - 07:19 GMT

Middle East Payment Services Organizes Recreational Event for Employees

US dollars. (File photo)
June 15th, 2017 - 09:29 GMT

Egypt's Central Bank Removes Limits on Foreign Currency Transfers

The new rules provide an opportunity for fintech businesses around the world to expand and thrive in Bahrain and the Gulf. (Eric Piermont/ AFP)
June 14th, 2017 - 06:45 GMT

Bahrain Launches New Rules for Fintech Firms

Maryam Bahlooq, Emirates NBD new Chief Executive Officer. (Trade Arabia)
June 13th, 2017 - 10:30 GMT

Emirates NBD Gets First Female Emirati CEO

As part of its sponsorship, MEPS was the event’s exclusive payment service provider. (MEPS)
June 13th, 2017 - 09:45 GMT

Middle East Payment Services Sponsors ‘Ahlan Ramadan’ Bazar

Mr. Hussain Al Qemzi, Managing Director, Noor Bank, and Robin Amlot, CEO of CPI Financial, with the award winners at a ceremony organised at the Noor Bank headquarters in Dubai.
June 12th, 2017 - 10:54 GMT

Noor Bank Scoops Several Accolades at CPI Financial’s Banker Middle East Product Awards 2017, Industry Awards 2017

NBF Islamic has grown at a phenomenal pace, recording an operating income of AED 60.4 million in 2016.
June 11th, 2017 - 10:09 GMT

NBF Islamic Recognised as the Best “Shari’a-Compliant Window of the Year” at the Banker’s Islamic Bank of the Year Awards 2017

Jalil AlAali, Partner and Head of Financial Services at KPMG in Bahrain commented on the acquisition
June 11th, 2017 - 09:26 GMT

KPMG Acquires Matchi, Global Fintech Innovation and Matchmaking Platform

Abdullah Al-Dayel, founder and CEO of Qoyod. (AN)
June 11th, 2017 - 08:51 GMT

Accounting Platform for Entrepreneurs Launched in Saudi Arabia

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