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The SME Bank, in partnership with a number of financing and investment agencies from Saudi Arabia, has allocated during the first half of 2023 more than SAR 10bn (US$2.67bn) for small and medium enterprises across the country.This comes as an...
#SME bank
The second annual MENA Supply Chain Finance (MENA SCF23) forum offers a platform to explore the current state of the…
#SME lending#supplier finance
Emirates Development Bank (EDB) has signed a Memorandum of Understanding (MoU) with... (more…)
#Emirates Development Bank#supply chain finance
US-based Fluent Finance has expanded its global reach by opening... (more…)
#blockchain#digital#global trade
ZIM Integrated Shipping Services Ltd has announced the expansion of its partnership with cross-border trade financing platform 40Seas, integrating the…
#40Seas
Egyptian fintech Agel has announced it has successfully closed a pre-seed round for undisclosed seven-digit figure, led by MENA-focused venture…
#working capital
Newgen Software, a global provider of low code digital transformation platform, announced that RAKBANK, a leading financial institution in the…
#digitalisation#digitisation#Newgen Software
WaveBL, an Israeli provider of electronic Bills, has successfully raised $26 million in its latest funding round, consolidating its position…
#blockchain#digitalisation#digitisation
Sharakah, a closed joint stock company in Oman has decided to invest in ... (more…)
#Beehive#funding#invoice
Alfanar has become the first local client in Kingdom of Saudi Arabia to benefit from... (more…)
#First Abu Dhabi Bank#supply chain finance
UAE firm e& enterprise announced the signing of the agreement to acquire majority stake in the digital SME finance platform, Beehive.Founded…
#Beehive
Saudi Arabian buy now, pay later (BNPL) provider Nakhla for Information Technology Systems LLC (Tamara) has landed a US$150m warehouse…
#BNPL#Goldman Sachs#receivables securitisation
In a ceremony in Tehran this week, Iran’s finance minister Ehsan Khandouzi has announced the launch of the first banking…
#bank#bank loan#banks