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Banking and Finance

Banking and Finance latest

Mashreq Collaborates with Mastercard to Expand Quick Remit Cross-Border Payment Corridors
June 29th, 2026 - 07:53 GMT

Mashreq Collaborates with Mastercard to Expand Quick Remit Cross-Border Payment Corridors

Mashreq, a leading financial institution in the MENA region, has announced a strategic collaboration with Mastercard to expand the global reach of its Quick Remit solution, enabling Mashreq’s customers to transfer money abroad through its digital banking channels. Through this collaboration, Mastercard Move, the company’s portfolio of money movement capabilities, will elevate Mashreq's cross-border remittance capabilities, boosting its overall service proposition andallowing customers to send money directly in local currencies across new international corridors. The initiative aims to deliver faster, more reliable and competitively priced cross-border transfers, empowering millions of ...
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The $17.5B bond issue kicks off the efforts by the Kingdom to plug its large budget deficit of $87 billion this year due to a hole left by oil prices, which have fallen more than a half from the peak seen in 2013. (File photo)
October 20th, 2016 - 04:10 GMT

Saudi Arabia gears up for record $17.5B bond issue

Doha Bank
October 19th, 2016 - 07:33 GMT

Board Excellence is the key to promote sustainable development

Solveig Nicklos BIBF Director and Raghav Prasad GM for Gulf Countries Mastercard
October 19th, 2016 - 05:28 GMT

Mastercard and Bahrain Institute of Banking & Finance collaborate to spur skill development in the regional financial sector

During the celebration
October 18th, 2016 - 06:49 GMT

Oman Arab Bank celebrates with its female workforce

During the signing
October 18th, 2016 - 05:18 GMT

Mastercard signs MoU with Tunisian Post to develop new digital financial services

GCC sovereigns' financing needs will likely remain substantial over the next several years, given the region's almost uniform dependence on hydrocarbons. (File photo)
October 18th, 2016 - 04:37 GMT

GCC sovereign finance may need up to $560B: S&P

A small number of potential buyers from the Middle East are vying for Oger's stake in Arab Bank, including Saudi Arabia's al-Hokair family. (File photo)
October 17th, 2016 - 10:58 GMT

Saudi Oger looks to offload its 20 percent stake in Arab Bank

HBMSU stand in GITEX
October 17th, 2016 - 08:55 GMT

HBMSU showcases Smart Campus & other ‘smart’ learning solutions at GITEX 2016

The decision to walk away from the merger comes four months after the banks agreed terms of the share-swap ratio for the deal. (Twitter)
October 17th, 2016 - 08:00 GMT

Deal's off: Oman's Bank Dhofar and Bank Sohar abandon merger plans

During the event
October 16th, 2016 - 09:34 GMT

Doha Bank is the first bank in Qatar to achieve accredited certification for ISO

HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs
October 16th, 2016 - 08:46 GMT

A statement by HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs on GITEX Technology Week 2016

Abdul Rahman Al Thehaiban, Senior Vice President - Tech, Middle East and Africa, Oracle
October 16th, 2016 - 07:32 GMT

FGB expands analytics capabilities in partnership with Oracle to enhance customer experience

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