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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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Hussain Al Qemzi, CEO, Noor Bank
May 29th, 2016 - 07:27 GMT

Noor Bank successfully issues US$500 million Tier 1 capital Sukuk

The Hezbollah International Financing Prevention Act is a bill introduced in 2014 that sought to impose on institutions that facilitate transactions on behalf of Hezbollah or its agents. (File photo)
May 29th, 2016 - 05:00 GMT

Hezbollah in 'worst financial shape for decades': US

Sharjah Islamic Bank
May 29th, 2016 - 04:47 GMT

Sharjah Islamic Bank repays USD400 million Sukuk

A foreign ministry spokesman said the Swiss government had blocked about $650 million in the case of Egypt, and $61 million in the case of Tunisia. (Twitter)
May 26th, 2016 - 12:26 GMT

New Swiss banking law to help repatriate $650M of looted assets to Egypt

Movie ticket
May 26th, 2016 - 10:58 GMT

Gulf Bank’s red account holders enjoy exclusive discounted movie tickets at Cinescape Cinemas

Tablet Banking App
May 26th, 2016 - 07:52 GMT

RAKBANK extends digital banking solutions to Sales Agents

Mr. Hisham Alrayes, GFH Group CEO
May 26th, 2016 - 05:29 GMT

GFH participates at the Dubai Financial Market

Earlier this week, Reuters reported that the bank had cut 15 per cent of its workforce of 70 employees. (File photo)
May 26th, 2016 - 04:00 GMT

Dubai's Shuaa Capital downplays reports of layoffs

Al Bawaba
May 25th, 2016 - 11:00 GMT

Gulf banks' liquidity shortage worse than during financial crisis: Doha Bank CEO

SoftBank Robotics’ humanoid robot Pepper
May 25th, 2016 - 08:14 GMT

MasterCard powers first commerce application within SoftBank Robotics’ humanoid robot “Pepper”

The vote drew fire from BDS activists on Jordanian social media networks. (File photo)
May 25th, 2016 - 03:58 GMT

Jordan's parliament votes to allow Israel to buy into Jordanian investment Fund

Noor Bank
May 24th, 2016 - 10:21 GMT

Noor Bank gains industry recognition from Global Finance and Euromoney magazines

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