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In a ceremony in Tehran this week, Iran’s finance minister Ehsan Khandouzi has announced the launch of the first banking scheme to allow businesses to use factoring services. This launch is part of a larger government programme to support private...
#bank#bank loan#banks
Saudi Arabia’s Small and Medium Enterprises Bank (SME Bank), a development bank under the National Development Fund, announced the allocation…
#SME bank
The Moroccan government has recently authorised Crédit Agricole du Maroc to create its factoring subsidiary. The new structure - Crédit Agricole…
#bank#guarantees#management
ICC UAE announces the 2nd edition of Global Trade Facilitation Summit 2023... (more…)
#emerging markets#exporters#risk
In order to allow customers to perform multiple tasks from one platform, MODIFI, a global commerce platform has expanded its…
#DP World#MODIFI
To better support the small and medium sized enterprises (SMEs) in Egypt and help improve the financial environment for customers,…
#banking services#financial services#international
The World Bank Board of Executive Directors has approved a US$120m loan for Tunisia to fund the project "Support to…
#World Bank
According to Arab News this week, ‘the year of the fintech is just getting started.’ Arab News, based in Riyadh,…
#supply chain finance
United Arab Bank (UAB) has announced that it has joined UAE Trade Connect (UTC) as an official member.UTC, the fintech…
#blockchain#digitalisation#Fraud Prevention
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched a global FinTech accelerator campaign in…
#digitalisation
The International Islamic Trade Finance Corporation (ITFC), signed the 2023 Annual Program with the... (more…)
#ITFC
The Central Bank of the UAE (CBUAE) has issued a new guidance on anti-money laundering and combatting the... (more…)
#anti-money laundering#bank#digital
Attijari Factoring has signed a partnership with Coface Morocco . Its objective is to strengthen collaboration between the two institutions…
#bank#insurance#receivables