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International Holding Company (IHC) has finalised the acquisition of eFunder, a UAE-based private financing platform for small and medium-sized enterprises (SMEs), and has rebranded it as Zelo. The move marks a strategic expansion of IHC’s fintech investments and reinforces its...
#Abu Dhabi Global Market#financial services#Financial Services Regulatory Authority
The European Bank for Reconstruction and Development (EBRD) signed a US$25m (€21.7m) risk-sharing facility with Emirates NBD Egypt to facilitate…
#EBRD#Emirates NBD Egypt#export
Etihad Credit Insurance (ECI), the UAE’s federal export credit company, recently celebrated the achievements of its flagship initiative, the 'Xport…
#Ajman Bank#Al Maryah Community Bank#Commercial Bank of Dubai
Beltone Leasing and Factoring (Beltone), a wholly owned subsidiary of Beltone Holding, has secured US$20m in funding from two leading…
#Amir Ghannam#Beltone#Finance in Motion
In the heart of the Middle East’s fintech scene, Emirati startup OCTA is gaining significant traction with a fresh US$20m…
#Andrey Korchak#Jon Santillan#Nupur Mitta
The National Bank of Bahrain (NBB) has introduced a fully digital supply chain finance (SCF) solution, aimed at enhancing liquidity…
#early payments#ESG#National Bank of Bahrain
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 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
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
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
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
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 announced its collaboration with CredibleX to integrate its Small Business Credit Analytics (SBCA) platform into CredibleX’s integrated financing offering.…
#CredibleX#Hassan Reda#Mastercard