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Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More

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بالعربية

Mashreq Bank

Abdul Aziz Al Ghurair Refugee Education Fund

Video: Mashreq Bank chairman on importance of education for refugees

by ITPThu 27 Feb 2020Wed 6 Oct 2021

Chairman of Mashreq Bank and his family’s education foundation, Abdul Aziz Al Ghurair, talks to CNBC’s Tania Bryer about his work to provide education for young refugees.

ABTV

AB Crossfire: are banks in the UAE supporting SMEs?

by ITPThu 31 Oct 2019Wed 6 Oct 2021

Debate discusses how small and medium sized companies in the UAE fare in relation to access to funding

Mashreq has announced the launch of NeoBiz, the first digital banking proposition in the UAE.
chatbots

Dubai’s Mashreq launches customised digital services for SMEs

by Sam BridgeSat 12 Oct 2019Wed 6 Oct 2021

NeoBiz offers key services to small businesses including innovative chatbot called Emma

expat remittances

Dubai’s Mashreq launches credit card remittances service

by Sam BridgeThu 1 Aug 2019Thu 7 Oct 2021

Mashreq customers can now use their credit cards to make instant money transfers to all banks in India and Pakistan

Arif Amiri

MidEast’s first blockchain KYC data-sharing consortium launched in Dubai

by Staff writerThu 1 Aug 2019Wed 6 Oct 2021

Dubai firms will be able to digitally create a single KYC record to share data with their various financial institutions

Abu Dhabi Commercial Bank

Revealed: how healthy is the UAE’s banking sector?

by Sam BridgeThu 20 Jun 2019Thu 7 Oct 2021

New research says UAE banks are generating healthy earnings despite tougher economic conditions in Q1

blockchain technology

Dubai Land Department, Mashreq Bank pen e-mortgage agreement

by Bernd Debusmann JrTue 28 May 2019Thu 7 Oct 2021

The system will help reduce paper transactions and the number of visits to DLD

Funding will go towards completing all construction at Nasma Residences.
Arada

Arada secures $270m loans to help fund Sharjah projects

by Bernd Debusmann JrWed 22 May 2019Thu 7 Oct 2021

The two Islamic facilities follow a previous AED 1bn facility arranged in December 2017

Mashreq
digital banking

‘No significant impact’ on jobs from Mashreq branch closures

by Shane McGinleyWed 3 Apr 2019Wed 6 Oct 2021

Senior exec says bank is retraining employees as part of its digital transformation strategy

The move comes as retail banks in the region are witnessing a significant shift in consumer habits, with customers increasingly migrating to online and mobile banking.
digital banking

Revealed: how Dubai’s Mashreq is adapting to a new era in banking

by Sam BridgeTue 2 Apr 2019Wed 6 Oct 2021

Mashreq Bank unveils a reimagined branch format as part of its digital transformation strategy

The Opus by Zaha Hadid in Downtown Dubai.
Business Bay

Dubai developer secures $40m financing for new hotel fit-out

by Sam BridgeMon 25 Mar 2019Wed 6 Oct 2021

Omniyat announces financing from Mashreq Bank for the fit-out of hotel in The Opus by Zaha Hadid in Downtown Dubai

Dubai

Emaar, Emirates NBD top list of GCC ‘bargain stocks’

by Shane McGinleySun 10 Mar 2019Sun 14 Nov 2021

Two of Emaar’s listed companies, several of the Gulf’s top banks, ranked highly on the Markaz list of undervalued stocks

Visa Contactless
contactless payments

Revealed: how the UAE is going contactless

by Sam BridgeThu 14 Feb 2019Wed 6 Oct 2021

Senior banking exec says popularity is being driven primarily by the increased penetration of contactless cards and usage of digital wallets

Abdul Aziz Al Ghurair

Dubai’s Mashreq says 2018 net profit stable at $570m

by Sam BridgeMon 21 Jan 2019Sun 14 Nov 2021

Mashreq CEO, Abdul Aziz Al Ghurair, says 2018 ‘was a difficult year’ due to market fluctuations

Abdul Aziz Al Ghurair Al Ghurair
Abdul Aziz Al Ghurair

6,500 students in school thanks to Abdulla Al Ghurair Foundation for Education

by Bernd Debusmann JrThu 22 Nov 2018Wed 6 Oct 2021

$27.22 million will be spent over the next three years to support the education of refugee students in the UAE, Lebanon and Jordan

Abdul Aziz Al Ghurair. (ITP Images)
Abdul Aziz Al Ghurair

Abdul Aziz Al Ghurair: why it’s time to open up on charity

by Bernd Debusmann JrFri 16 Nov 2018Tue 9 Nov 2021

Abdul Aziz Al Ghurair has embarked a mission to help educate thousands of refugee children in the region – and wants to encourage others to do their part through open and institutionalised philanthropy

Google Pay is designed to simplify shopping by allowing users to pay safely in apps and online, as well as in store that support the Google Pay system, in just a few seconds.
Android devices

Google Pay now available in UAE

by Bernd Debusmann JrWed 14 Nov 2018Wed 6 Oct 2021

Google has partnered with Emirates NBD, Emirates Islamic, Mashreq and Standard Chartered banks

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