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Mashreq Touts First Middle East M-pay Device

Mashreq, a Dubai-based bank, has launched a smartphone-based mobile payment device which it claims is the first such debut in the Middle East. Such...

DED and Mashreq sign agreement to facilitate electronic payment of trade...

The Dubai Department of Economic Development (DED) and Mashreq have signed a co-operation agreement to facilitate the electronic payment of trade licenses fees. The...

Six banks control 60 pc of assets in UAE

Emirates NBD alone holds 20pc Six large banks in the UAE control close to 60 per cent of the total assets held by the country's...