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Banking and Finance

Banking and Finance latest

Mashreq Enhances Financial Access in the UAE with 'NEO On Arrival', Enabling Instant Digital Banking for All International Visitors
July 16th, 2026 - 03:16 GMT

Mashreq Enhances Financial Access in the UAE with 'NEO On Arrival', Enabling Instant Digital Banking for All International Visitors

Mashreq, one of the leading financial institutions in the MENA region, has announced the launch of the NEO On Arrival account, a fully digital bank account that enables international travellers, tourists, and visitors to instantly open and use a UAE bank account upon entering the country. Leveraging Mashreq's digital ecosystem and advanced eKYC capabilities, the new Mashreq NEO On Arrival Account unlocks instant financial access for visitors upon entry to the UAE. Travellers can download the Mashreq NEO app, complete passport-based eKYC verification, activate a virtual account within minutes, and ...
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The majority of MENA countries impose foreign ownership restrictions which typically cap foreign ownership at 49 per cent in various sectors (although there are notable exceptions, such as free zones).
March 2nd, 2014 - 03:55 GMT

Ready for a challenge? A survivor's guide to private equity in the MENA region

Increasing number of car bombs have destroyed Lebanon's tourism sector (File Archive/AFP)
February 27th, 2014 - 08:34 GMT

Why Lebanon’s Economic Minister is telling Beirut to spend more?!

The UAE’s aggregate bank deposits also rose 9.5 per cent (Dh111.1 billion) year on year in December 2013
February 27th, 2014 - 08:17 GMT

Anything to sustain that consumption boom: UAE lending grows 7%

Al Bawaba
February 27th, 2014 - 05:55 GMT

100% cash dividend and 30% bonus shares for 2013 announced at FGB Annual General Meeting

Al-Waleed has been featured in Bloomberg’s Billionaires Index with a personal fortune of $30.5 billion as of Feb. 25, 2014.
February 27th, 2014 - 12:16 GMT

Someone's ego is finally appeased: After severing ties with Forbes, Al-Waleed bin Talal makes it to bloomberg's billionaires list

Al Bawaba
February 26th, 2014 - 08:04 GMT

Emirates Islamic Gold certificate offers customers secure and convenient options to invest in gold

Al Bawaba
February 26th, 2014 - 07:59 GMT

Standard Chartered appoints Head of Wholesale Banking for its operations in Iraq

Al Bawaba
February 26th, 2014 - 07:53 GMT

Al Ramz Securities kicks off 2014 by topping UAE markets in January

Sudan is also subject to comprehensive economic sanctions since 1997 over terrorism charges as well as human right abuses.
February 26th, 2014 - 03:55 GMT

Time for a deal? Sudan discloses that $48.2m of its assets are frozen under US sanctions

The  Bank of Israel fears that the slowdown will worsen in the coming months, and it prefers to act now.
February 26th, 2014 - 03:55 GMT

In ominous move, Bank of Israel shows that it's expecting the worst for the economy

Al Bawaba
February 25th, 2014 - 02:44 GMT

Bernanke to speak at NBAD’s GFMF in Abu Dhabi

Al Bawaba
February 25th, 2014 - 09:45 GMT

Al Hilal Bank wins two major prizes at 2013 Islamic Finance News Awards

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