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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 scenario's basic assumptions are a reduction in GDP, a sharp rise in the interest rate, a 20% drop in home prices, and a 12% unemployment rate
April 9th, 2014 - 04:49 GMT

An impending mortgage crisis in Israel? Well, the central bank can already envision one

First Gulf Bank
April 9th, 2014 - 11:13 GMT

FGB tackles underinsurance levels and supports growth of insurance sector

Al Bawaba
April 9th, 2014 - 09:05 GMT

Emirates Islamic unveils new suite of MasterCard Debit Cards

In the United Arab Emirates, where real estate prices are rising at a fast pace, the award of World Expo 2020 has further strengthened growth prospects
April 9th, 2014 - 06:36 GMT

IMF raises UAE's 2014 growth forecast to 4.4% thanks to Expo 2020, rising property prices

Al Bawaba
April 9th, 2014 - 05:49 GMT

UAE struggles with recovering bad debts, number 'could double’ in next few years

While revenues of banks in Qatar grew by 20 percent and banks in the UAE are back to double-digit growth overall, Saudi, Omani and Bahraini banks are experiencing single digit growth rates.
April 9th, 2014 - 02:55 GMT

Trust the borrowers: GCC banks post double-digit growth, and losses

Al Bawaba
April 8th, 2014 - 11:14 GMT

DIB holds annual ceremony to recognise employee talent and performance excellence

Al Bawaba
April 8th, 2014 - 07:16 GMT

Mashreq converts conventional fund and launches Sharia’h Compliant MENA Equity Fund

Egypt’s foreign reserves rose to $17.414bn in March from $17.307bn in February, the Central Bank said on Monday.
April 7th, 2014 - 07:01 GMT

Foreign handouts do 'pay' after all: Egypt foreign reserves rise to $17.414 billion in March

“Banks who develop an effective social media strategy will be the banks of the future,” Sen said. “Banks who develop an effective social media strategy will be the banks of the future,” Sen said
April 7th, 2014 - 04:46 GMT

Social Media keeping Middle Banks 'scared'

Andre Sayegh, CEO of First Gulf Bank
April 7th, 2014 - 11:27 GMT

First Gulf Bank appoints Hana Al Rostamani as Head of Consumer Banking Group

Al Bawaba
April 7th, 2014 - 11:08 GMT

Dubai Islamic Bank partners with Emirates Group

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