Tag Archives: Mashreq

Mashreq’s One-Day Service Promise Revolutionizes Business Banking

New service by Neo Biz sets a new benchmark for speed, accountability, and business banking innovation

Dubai, UAE – May 19, 2026: Mashreq, a leading financial institution in the MENA region, has announced the launch of its groundbreaking One-Day Service Promise to business customers, making the bank the first in the UAE to guarantee business account opening within one day. This service will be offered through NEO BIZ, Mashreq’s digital-first business banking proposition, backed by a guarantee of AED1,000 cashback to eligible customers if the commitment is not fulfilled, subject to terms and conditions.

Fernando Morillo, Global Head of Retail Banking

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Mashreq Partners with Cashew for Seamless Financing Solutions

Platform-level collaboration aimed at supporting evolving needs of digital ecosystems designed to make financing for essential and significant expenses more accessible

Dubai, UAE – 29th April 2026: Mashreq, a leading financial institution in the MENA region, and Cashew, a UAE-based fintech platform, are strengthening their collaboration to co-create an embedded lending framework that brings together regulated banking expertise and digital platform innovation.

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Mashreq Partners with Toothpick for Healthcare Financing in UAE

Dubai, UAE – April 16, 2026: Mashreq, a leading financial institution in the MENA region, has partnered with Toothpick, a prominent healthcare platform with a network of more than 1,000 dental and aesthetic clinics, to launch Mashreq NEO Credit Loans, a new embedded financing solution that enables customers using Toothpick network clinics across the UAE to access flexible, high-value financing directly at the point of care.

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Mashreq Launches Instant Digital Accounts for Non-Resident Egyptians

Mashreq Becomes First UAE Bank to Offer Instant Digital Cross-Border Accounts for Non-Resident Egyptians — With Free Quick Remit Transfers

Dubai, UAE; 08 April 2026: Mashreq, one of the leading financial institutions in the MENA region, has announced the launch of a new service for its UAE-based Egyptian customers. For the first time, UAE-based customers of Egyptian nationality can open accounts with Mashreq Egypt instantly, fully remotely, and enjoy a single view of their accounts and transfer money in real time – all through the Mashreq UAE mobile app.

Fernando Morillo, Global Head of Retail Banking

This fully digital service is available to Egyptian nationals who hold a NEO, Gold or Private account with Mashreq UAE. It eliminates the need for physical documents or in-person visits to branches in Egypt, replacing the traditional manual process with a seamless, end-to-end digital experience.

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Mashreq Launches Digital Accounts for UAE-based Egyptians

Dubai, UAE; 06 April 2026: Mashreq, one of the leading financial institutions in the MENA region, has announced the launch of a new service for its UAE-based Egyptian customers. For the first time, UAE-based customers of Egyptian nationality can open accounts with Mashreq Egypt instantly, fully remotely, and enjoy a single view of their accounts and transfer money in real time – all through the Mashreq UAE mobile app.

Fernando Morillo, Global Head of Retail Banking

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