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Mashreq Bank

Mashreq Bank latest

Increased funding costs are likely to impact banks amidst intensified competition for deposits and tighter liquidity in the second half.
September 16th, 2019 - 07:30 GMT

UAE Banking Industry Shows Marginal Improvement in Q2

The overall operating income across the UAE’s banking sector improved marginally from Q1 2019, largely driven by consolidation activity in the sector as the merger of ADCB with Al Hilal Bank and UNB completed in the spring, a report said. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-0…","video_id":"0cf6b6cf-cbf9-4392-9dff-c7b7419d3496","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Why did the US and China start a war over 5G?"} The headline figures also hide a disparity in terms of individual performances, which offset each other to produce only ...
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Abdulla bin Ahmad Al Ghurair was amid top 7 Emirates at Forbe's Billionaires List for 2019. (Forbes Middle East)
March 27th, 2019 - 04:24 GMT

Who Are The Emirati Billionaires on List?

Telecom Egypt is 80 percent state-owned, with the remainder of its shares listed on the Egyptian and London stock exchanges. (AFP)
August 14th, 2018 - 08:55 GMT

UAE Banks to Lend $500 Million to Telecom Egypt

Outlook for GCC equities positive, with banking shares seen to gain the most. (Shutterstock)
July 23rd, 2018 - 10:50 GMT

GCC Stock Markets Expected to Soar in H2'18

Despite a rise in yield on credit, driven by an increased cost of funds net interest margin (NIM) declined with five of the top 10 banks witnessed a decline. (Shutterstock)
July 16th, 2018 - 11:20 GMT

Report: Banking Sector in UAE to Record Higher Profitability and Liquidity in 2018

Arif Naqvi. (AFP)
July 11th, 2018 - 12:59 GMT

Abraaj Case Hearing Postponed to July 15

Banks are not funding because they are a risky investment and there is a need to have a separate venture capital or guarantee scheme for them. (Shutterstock)
July 8th, 2018 - 08:21 GMT

Default Rate Declined Remarkably Among UAE SMEs

Bankers and analysts say digital initiatives will be the most important factor in remaining competitive in a market that is fast embracing technology. (Shutterstock)
March 25th, 2018 - 11:42 GMT

UAE Takes Lead in Digital Banking in the Middle East

Most billionaires in the UAE are getting richer by the day. Also, they're all men. (File photo)
October 8th, 2017 - 07:00 GMT

Meet the 5 Richest People in the UAE

The use of mobile wallets as a means of payment will perhaps be the biggest disruption the financial sector in the UAE has ever seen. (Pixabay)
May 16th, 2017 - 04:32 GMT

Has UAE Cracked the Code to the Mobile Wallet?

Download the Samsung Pay app now and start making payments on-the-go. (Samsung)
May 3rd, 2017 - 11:23 GMT

Samsung Pay Can Make Your Life in UAE Cash-Free and Infinitely Easier: Here's How

What do banks do with $476.5 billion? (File photo)
April 23rd, 2017 - 04:57 GMT

Are they too rich or am I too poor? Total assets of top UAE banks hit $476.5B

The use of mobile phone for making payments would result in smaller queues at banks and exchange companies. (Creative Virtual)
August 31st, 2016 - 08:18 GMT

Cashless payments get easier in the UAE as banks get onboard with mWallet

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