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Banking and Finance

Banking and Finance latest

HSBC Brings Tradecash to the UAE, Enabling Faster Access to Working Capital
June 19th, 2026 - 09:48 GMT

HSBC Brings Tradecash to the UAE, Enabling Faster Access to Working Capital

HSBC has launched HSBC TradeCash in the UAE, becoming the first market for HSBC in the region where the solution is available. HSBC TradeCash is a new trade finance solution that enables customers to upload sales invoice data online and draw down a loan against it, helping them access working capital fast. The UAE launch marks the first phase of a broader rollout, with additional MENAT markets set to follow. Subject to eligibility criteria, HSBC TradeCash lets customers receive funds within minutes once all required information has been submitted via ...
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Abdul-Aziz Al-Ghurair, CEO of Mashreq Bank
July 7th, 2014 - 08:44 GMT

Mashreq becomes first bank in UAE to receive accreditation from Institute of Internal Auditors, USA

The UK prime minster, David Cameron, in his Ramadan message states: “Ramadan is about charity, contemplation and community.”
July 7th, 2014 - 03:55 GMT

Banking in the time of Ramadan: reconciling contemplation with profit-making

The tax on other alcoholic beverages, such as wine and spirits manufactured locally or imported from abroad, has been increased by 150%.
July 7th, 2014 - 01:06 GMT

He's all about health: Al-Sisi imposes additional 50% tax on cigarettes, 200% on beer

Al Bawaba
July 6th, 2014 - 09:29 GMT

Standard Chartered Saadiq inaugurates its first Islamic Banking Centre in the UAE

Dr. Adnan Chilwan, CEO DIB
July 6th, 2014 - 05:58 GMT

DIB’s “Smart Bank” set to redefine customer service

Al Bawaba
July 3rd, 2014 - 08:39 GMT

Emirates Islamic announce Innovation Challenge winners

Al Bawaba
July 3rd, 2014 - 02:00 GMT

Evading prison: Sawiris will not face jail time for tax evasion

"Less religiously-linked branding could be useful for the industry if it wants to attract non-Muslim clients," he pointed out.
July 3rd, 2014 - 01:43 GMT

Attempting to go mainstream? how Islamic banks are ditching the 'Islam' label in order to go global

Al Bawaba
July 2nd, 2014 - 08:20 GMT

Mashreq breaks new ground with region’s first overseas mobile top-up service

Al Hilal Bank
July 2nd, 2014 - 06:53 GMT

Al Hilal Bank offers USD 500 million additional Tier 1 sukuk capital

Al Bawaba
July 2nd, 2014 - 06:29 GMT

NBAD launches liquidity management fund

The finance minister said the budget would push debt down from 94% of GDP, registered in the FY 2013/2014 budget, to around 90% of GDP
July 1st, 2014 - 10:23 GMT

Egypt's debt pushed to 90% of GDP

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