26/09/2017 05:59 AST

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.


UAE’s Mashreq Bank announces new Head of Corporate and Investment Bank


Mashreq Bank HAS announced the joining of Ahmed Abdelaal as Group Head of Corporate and Investment Banking.

Abdul Aziz Al Ghurair, Mashreq Bank’s CEO, said, "I am delighted to welcome Ahme


Dubai-based lender Mashreq in Qatar for long haul - CEO


Dubai-based bank Mashreq MASB.DU is in Qatar for the long haul, chief executive Abdulaziz al-Ghurair told reporters on Wednesday.

He was speaking as a regional political dispute rages on


Mashreq Bank opts for NCR's SelfServ ATM


NCR Corporation (NYSE: NCR), a global leader in omni-channel solutions announced today, that Mashreq Bank, one of the leading financial institutions (FIs) in the UAE, has added the innovative NCR Sel


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Saudi Aramco to Seek Pitches for IPO Coordinator Roles


Saudi Arabian Oil Co. is asking banks to pitch for roles as coordinators and bookrunners on its initial public offering, people familiar with the matter said, as the state-owned crude producer pushes


Saudi Aramco signs $10.4 billion worth of MOUs with companies


Saudi Aramco signed on Wednesday agreements with foreign and local companies worth at least 39 billion riyals (8 billion pounds).

The bulk of the memorandum of understanding agreements wer


du Opens New Business Centre Facility at Jebel Ali Free Zone


UAE-based telecommunications service provider, du, recently signed a strategic agreement with Jebel Ali Free Zone (Jafza), a DP World Company. In line with this agreement, du will expand its Business

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Dallah Healthcare recommends cash dividends for year 2017


The Board of Directors of Dallah Healthcare Company, during its meeting on 12 December 2017, has decided to recommend to the General Assembly the following:

First: payment of dividend for th


Aramco offers $16bn projects for SMEs


Over 140 investment opportunities valued at over $16 billion across Saudi Arabia's energy sector were presented at Saudi Aramco's annual flagship localisation event, the iktva SMEs Forum and Exhibiti

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