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MENA

NBB launches digital SCF solution

The National Bank of Bahrain (NBB) has introduced a fully digital supply chain finance (SCF) solution, aimed at enhancing liquidity and optimising working capital for businesses. This new platform facilitates stronger commercial ties by allowing buyers and their suppliers to...

#early payments#ESG#National Bank of Bahrain

EDB and RAKBANK unveil landmark AED 1bn MSME fund

In a major boost for UAE-based micro, small and medium enterprises (MSMEs), Emirates Development Bank (EDB) and RAKBANK have announced…

#ADNEC Centre#Emirates Development Bank#Ministry of Industry and Advanced Technology


Beltone Leasing and Factoring closes second securitisation bond

Beltone Holding (Beltone) announces that its wholly owned subsidiary, Beltone Leasing and Factoring, has successfully concluded its second securitisation issuance…

#Amir Ghannam#Attijariwafa bank#Banque du Caire


UBCI joins Proparco’s trade finance programme

In a significant move to bolster international trade in North Africa, Union Bancaire pour le Commerce et l’Industrie (UBCI) has…

#French Development Agency#Proparco#UBCI


DFSA launches innovation testing licence explainer guide to boost...

The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), has launched a new…

#Dubai Financial Services Authority#Dubai International Financial Centre#financial services


Mediterranean Bank selects Finastra’s digital banking solution

Finastra, a global provider of financial software applications, today announced that Mediterranean Bank, a provider of retail and corporate banking…

#EVO Digital Solutions Co.#Finastra#Islamic banking


Vision Bank becomes operational with Finastra’s solution

Finastra today announced that the successful implementation of Finastra Kondor and cloud-based managed services provided by DXC Technology, a leading…

#Finastra#treasury solutions#Vision Bank


Mastercard partners with CredibleX to enable SMEs to access...

Mastercard announced its collaboration with CredibleX to integrate its Small Business Credit Analytics (SBCA) platform into CredibleX’s integrated financing offering.…

#CredibleX#Hassan Reda#Mastercard


J.P. Morgan and Deem Finance sign US$400m asset backed...

Deem Finance LLC (Deem), a specialised finance provider regulated by the UAE Central Bank, has entered into a pioneering asset-backed…

#Ahmed Khizer Khan#Deem Finance#J.P. Morgan


Valu secures EGP463.3m receivables securitised bond with EFG Hermes

Valu, MENA’s leading financial technology powerhouse, has completed its 14th securitised bond issuance, valued at EGP 463.3m (approx. U$9.4m), in…

#MENA#receivables securitisation#Valu


Saudi EXIM signs three reinsurance agreements with global insurers...

The Saudi Export-Import Bank (Saudi EXIM) has signed three reinsurance agreements with Allianz Trade, Bpifrance, and American International Group (AIG).…

#AIG#Allianz Trade#Bpifrance


IFC and Attijariwafa bank Egypt partner to support SMEs

IFC and Attijariwafa bank Egypt (AWB Egypt) announced a partnership to bolster the Bank’s capital position and help it deliver…

#Attijariwafa bank#IFC#sme finance

Flow48 secures US$69m Series A funding to expand into...

Flow48, a fintech company specialised in invoice and revenue finance for SMEs located in emerging markets, has successfully closed a…

#fintech#Flow48#sme finance

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