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MENA

World Bank approves US$120m to support access to finance...

The World Bank Board of Executive Directors has approved a US$120m loan for Tunisia to fund the project "Support to Small and Medium Enterprises for Economic Recovery." The project aims to address the primary long-term liquidity constraints faced by Tunisian...

#World Bank

UAE and Saudi Arabia spearhead Middle East fintech sector

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 joins UAE Trade Connect to combat...

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 to streamline banking and digitise trade finance...

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched a global FinTech accelerator campaign in…

#digitalisation


ITFC supports trade finance in Egypt with US$1.5bn funding

The International Islamic Trade Finance Corporation (ITFC), signed the 2023 Annual Program with the... (more…)

#ITFC


CBUAE issues new guidance on AML/CFT

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


Coface to support Moroccan factor

Attijari Factoring has signed a partnership with Coface Morocco . Its objective is to strengthen collaboration between the two institutions…

#bank#insurance#receivables


Standard Chartered launches the first sustainable SCF programme in...

Majid Al Futtaim Retail, operator of the Carrefour franchise in the Middle East, Africa and Asia, and Standard Chartered Bank…

#supply chain finance#sustainable finance


EFG Hermes closes £35m receivables backed securitisation

EFG Hermes, the leading investment bank franchise in Frontier and Emerging Markets (FEM), announced today that its  investment banking division…

#securitisation


Banque Saudi Fransi signs partnership with SCF fintech

Banque Saudi Fransi and fintech Lamaa have signed a... (more…)

#supply chain finance


EBRD and EU to support MSMEs in Egypt

The European Bank for Reconstruction and Development (EBRD) is providing a financial package of... (more…)

#bank#digital#forum


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…

#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

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