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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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Bourses in the region posted their biggest losses in years on Sunday as global markets' decline at the end of last week served as a trigger for aggressive profit-taking.
October 13th, 2014 - 10:53 GMT

The panic attack has passed: ME stock markets rebound from global sell-off

Despite mixed results across sectors in 201, the GCC Islamic Finance industry is expected to maintain its rapid growth over the coming years.
October 13th, 2014 - 09:58 GMT

An unfathomable figure: GCC banking assets set to hit $2 trillion by 2015

Al Bawaba
October 13th, 2014 - 10:07 GMT

MetLife and Emirates NBD celebrate launch of partnership to offer insurance products to bank’s one million plus customers

Al Bawaba
October 13th, 2014 - 08:40 GMT

National Bank of Fujairah establishes equipment finance unit

In August, the capital market rose to the 9,000 points for the first time since 2008.
October 13th, 2014 - 03:55 GMT

Shedding the pounds: Egypt's stock market loses almost $2 billion

David Marshall, Senior Executive Officer, Emirates NBD AM
October 12th, 2014 - 10:25 GMT

Emirates NBD Asset Management strengthens Emirates NBD SICAV platform with launch of eight new funds

Al Bawaba
October 12th, 2014 - 10:00 GMT

Mashreq launches UAE’s first 3-in-1 cinema credit card

The level of interest mirrors widespread investor confidence in the markets of the UAE, with Dubai's index more than tripling in value since the start of 2013.
October 9th, 2014 - 11:49 GMT

Too much of a good thing? Why IPO's can result in an overly stoked UAE stock market

Al Bawaba
October 9th, 2014 - 10:12 GMT

MoF and NBAD launch a range of e-Dirham smart applications during GITEX 2014

The total of the loan package has surged to $6.45 billion.
October 9th, 2014 - 03:55 GMT

Paying back the IMF only to borrow more? World Bank increases loan to Turkey by $2 billion

He added that the central bank will reimburse that sum in case the Qatari government requests the money back.Egypt's net international reserves inched up to $16.8 billion in August, but are expected to decline if Egypt returns the two deposits.
October 8th, 2014 - 02:20 GMT

Thanks, but no thanks: Egypt to return $500 million loan to Qatar

The two parties met in court for the first time this week for a hearing to discuss costs incurred in relation to the abandoned application, among other issues.
October 8th, 2014 - 12:07 GMT

The law does protect fools after all: Goldman Sachs ordered to pay legal costs to Libya for 'bad advice'

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