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MENA

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 Islamic Bank (DIB) – the largest Islamic bank in the UAE and the second largest Islamic bank in the world,...

#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


Saudi Arabia started mandatory e-invoicing first phase

Saudi Arabia has started implementing the mandatory application of the first phase of e-invoicing “fatoorah” on Saturday Dec. 4.In the…

#fatoorah


UAE approves dedicated law for factoring and transfer of...

To strengthen economic, investment and commercial opportunities, the president of UAE... (more…)

#transfer of receivables


SCF fintech raises US$5.5m in the largest Saudi Arabian’s...

Invoice finance fintech Lamaa had secured a US$5.5m seed round, the largest one in Saudi Arabia. The round was co-led…

#buy now pay later#invoice#smes

GIB Saudi Arabia wins ‘Best Islamic Receivable Finance’

Gulf International Bank (GIB) Saudi Arabia won the ‘Best Islamic Receivable Finance Award 2021’... (more…)

#supply chain finance

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