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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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Malek Khalife, NBK's General Manager, Private Banking Group receiving the three awards from Euromoney
February 29th, 2016 - 05:46 GMT

NBK awarded “Best Private Bank for 2016 in Kuwait”

Sharjah Islamic Bank’s ordinary general assembly meeting
February 28th, 2016 - 10:27 GMT

Sharjah Islamic Bank approves a cash dividend of 10%

Only 36 countries have ever convicted someone for terrorism financing and only 40 have used targeted financial sanctions, according to the FATF executive secretary. (Twitter)
February 28th, 2016 - 10:00 GMT

Loopholes in fight against terror funding require intensified efforts: G20

Mr. Abdulaziz Al-Helaissi
February 28th, 2016 - 09:59 GMT

Gulf International Bank b.s.c. announces a 5.6 per cent increase in full year profit to $90.4 million

The debt maturity profile of the region is expected to rise until 2020. (File photo)
February 28th, 2016 - 07:00 GMT

The depths of debt: GCC must repay $94B in bonds and loans by 2017

THe S&P downgrade coincided with Bahrain launching a $750 million, two-part bond reopening. (Shutterstock)
February 25th, 2016 - 01:00 GMT

Bahrain denounces 'unwarranted' ratings downgrade

The new offer follows the cancellation of a $750m sale last week. (File photo)
February 25th, 2016 - 05:00 GMT

Bahrain launches $600M bond sale despite junk status rating

During the event
February 24th, 2016 - 10:12 GMT

FGB sheds light on successful women in the Arab World at Global Women’s Forum Dubai

As importers sought foreign currency from a growing black market, pressuring the value of the pound, the central bank has taken measures to control the market. (File photo)
February 24th, 2016 - 08:00 GMT

Egypt's Central Bank eases restrictions on import requirements

Al Bawaba
February 24th, 2016 - 06:00 GMT

Lebanese banks removed from financial watchdog list

MasterCard
February 23rd, 2016 - 12:53 GMT

‘Digital Wallets’ dominated mobile payments conversations in MEA in 2015, reveals MasterCard’s fourth Mobile Payments study

Al Bawaba
February 23rd, 2016 - 12:00 GMT

GCC banks may face double squeeze due to low oil prices: Moody's

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