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MENA

Knuru Capital to invest $30 into medical receivables financier

Venture investor firm Knuru Capital announces that it will be providing KLAIM with a $5m seed investment into an innovative securitised financing structure to help scale its receivable purchase operations in the UAE. KLAIM is a FinTech company dedicated to...

#receivables

RAKBANK and ADGM announce new partnership

RAKBANK and Abu Dhabi Global Market (ADGM), the international financial centre of the capital of the UAE, have signed a…

#Rakbank#supply chain finance


Mohammed Bin Rashid Fund supports UAE start-ups in partnership...

Established in 2017, the partnership between The Mohammed Bin Rashid Fund for Small and Medium Enterprises (the Fund) and Beehive,…

#Beehive


EBRD, EU and GCF to support Bank of Africa...

The European Bank for Reconstruction and Development (EBRD), supported by the Green Climate Fund (GCF) and... (more…)

#Bank of Africa#green finance


FAB and Coriolis partner to deliver sustainable SCF

First Abu Dhabi Bank (FAB), the UAE’s largest bank, has announced a partnership with Coriolis Technologies to provide sustainable supply…

#Coriolis Technologies#ESG#FAB


Finverity partners with National Bank of Fujairah

Finverity, the award-winning supply chain finance (SCF) technology platform... (more…)

#account receivables#Finverity#supply chain finance


Siemens and Standard Chartered first RF deal in UAE

Standard Chartered Bank announced today the successful completion of the region’s first Receivables Financing Facility for Siemens in the UAE,…

#bank#conference#receivables financing


EFG Hermes Corp-Solutions provides factoring of educational fees in...

EFG Hermes Corp-Solutions, a wholly-owned subsidiary of EFG Hermes Holding and one of Egypt’s leading leasing and factoring companies, and…

#EFG Hermes


Cairo-based GlobalCorp launches securitised bond offering

GlobalCorp-Financial Services, a factoring and leasing non-banking institution based in Egypt, has announced its second securitised bond offering, in the…

#GlobalCorp#receivables securitisation


EFG Hermes Holding and GB Capital launch Kaf

Following the acquisition of a 75per cent stake by EFG Hermes Holding and... (more…)

#EFG Hermes#insurance


Qatar to become NEBI trade finance hub

The Near East Beltway Initiative (NEBI) region, which consists of 20 countries and has a combined $8tn economy, 2.5bn people,…

#conference#exporters#international

OneConnect to create digital SME funding platform in UAE

In order to help advance financial inclusion, enhance transparency and alleviate operational costs... (more…)

#OneConnect#supply chain finance

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