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Mashreq Bank has partnered with Diebold Nixdorf to streamline the bank’s in-branch cash cycle management processes by implementing automation technology across select UAE branches.
A statement on Monday said that the cash recycling systems coupled with multi-vendor software will enable Mashreq to drive operational efficiencies, increase cash security and enhance customer experience.
Diebold Nixdorf’s automation technology serves as part of the transaction process by automating cash handling, mitigating the security risk of exposed cash and detecting counterfeit notes.
Mashreq's CEO, HE AbdulAziz Al Ghurair, said: “It has been a period of muted growth for the UAE banking system with the banking sector Gross Credit growing by only 0.3 per cent as of August 2017. How
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The new bank provides a complete package of modern mobile and online banking services, including Samsung Pay wallets, carldess ATM transactions, Facebook Messenger chatbots, PFM tools, international
Commercial start-up of new cement mills at Arabian Cement Co.’s Rabigh plant has been delayed to 3Q18. The mills had been expected to go into operation in 4Q17 but construction work is still ongoing.
National Bank of Kuwait (NBK) has been named the Best Bank in Kuwait 2017 by the international financial publication Global Finance. The award was presented to George Richani, General Manager – Inter
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Four Seasons Hotels and Resorts, the world's leading luxury hospitality company, and Jabal Omar Development Company (JODC), a leading developer in the Middle East, announce plans for a new Four Seas