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MENA

Banque Misr in Egypt automates trade finance with Finastra

Finastra today announced that Banque Misr, the second largest national bank in Egypt with international presence... (more…)

#Finastra

Zomato chooses Invoice Bazaar to bring working capital to...

Invoice Bazaar, the Dubai-based inclusive finance platform owned by fintech holding company Triterras Inc., and food delivery leader Zomato, one…

#Invoice Bazaar#Triterras


UAE Factoring Law: A framework to support a growing...

Federal Decree Law No (16) of 2021 (Factoring Law) was issued on 29 August 2021 and came into effect... (more…)

#factoring law#Trade Finance Market#trade receivables finance


Contact Factoring of Egypt plans factoring development in 2022

Contact Factoring, a subsidiary of Contact Financial Holding, intends to grow the size of its factoring portfolio to EGP 1bn…

#3M#interest#smes


Emirates Development Bank and Dubai Islamic Bank sign MoU...

The Emirates Development Bank (EDB), a key financial enabler of the country’s economic diversification and industrial transformation agenda, and Dubai…

#bank#guarantee#guarantees


CI Capital Egypt plans to launch factoring services in...

In order to develop the existing offer and expand the company’s portfolio, CI Capital Holding (CI Capital) will launch factoring…

#acquisition#bank#WHO


UAE-based trade finance platform 360tf raises US$1.5m five months...

A UAE based trade finance platform, 360tf, has raised US$1.5m in new funds five months after going live. The portal connects banks…

#bank#interest rates#trade


Tradeteq opens new office in Dubai

Tradeteq, the leading technology provider for bank asset distribution, has selected... (more…)

#trade finance platform#Tradeteq


Coface publishes ‘Morocco Corporate Payment Survey 2021’

According to the study conducted by Coface in 2021 on the payment behaviour of companies... (more…)

#late apyments#payment terms


Afreximbank and NBE commit to enhance trade in Egypt

African Export-Import Bank (Afreximbank) and the National Bank of Egypt (NBE) ... (more…)

#bank#international#platforms


Egyptian e-invoice system – expected to be finalised in...

Talking about e-invoice transition stage in Egypt... (more…)

#e-invoice system


EBRD, EU and GCF expand access to finance for...

The European Bank for Reconstruction and Development (EBRD), the European Union (EU) and the Green Climate Fund... (more…)

#bank#confirming#guarantees

SCF provider launches real-time credit data API in collaboration...

Finverity, the mid-market supply chain finance (SCF) platform focused on emerging markets, announces the launch of its real-time monitoring credit…

#API#bank#emerging markets

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