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MENA

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 first phase, the taxpayers should ensure that there is a technical e-invoicing solution compatible with the relevant requirements. If they...

#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


SABB launches supply chain finance solution

In line with its Vision 2030’s initiative to increase financing for the SME sector ... (more…)

#bank#payables#Payables finance


EDB & ADFD sign MoU to provide receivables financing,...

Emirates Development Bank [EDB] has signed a Memorandum of Understanding (MoU)... (more…)

#bank#exports#guarantees


Companies using e-invoicing is raising in Egypt

The total number of companies that uses the electronic invoice system in Egypt amounted to... (more…)

#digital#digital transformation#electronic invoice


EBRD announces their 31st Annual Meeting and Business Forum

EBRD is announcing their 31st Annual Meeting and Business Forum, ... (more…)

#bank#forum#international


ECI launches ‘UAE Trade Finance Gateway’

Etihad Credit Insurance (ECI), the UAE Federal export credit company, has signed a ... (more…)

#bank#exporters#exports


Saudi’s e-invoicing project to save over US$100bn annually  

Saudi’s e-invoicing project Fatoorah is one of the key initiatives led by Saudi Arabia’... (more…)

#bank#DEC#digital


Afreximbank launches US$6.5bn equity capital increase

African Export-Import Bank has embarked on a US$6.5bn general capital increase (GCI) to... (more…)

#bank#Benedict Oramah#COVID-19


RIFSO becomes new FCI affiliate member in Morocco

RIFSO (Research Innovation Finance Solution) is one of the first Moroccan fintechs to offer invoice financing. The company developed an…

#export finance#fintechs#innovation

Nafeza systems enhance e-finance growth opportunities in Egypt

Egypt’s state-run digital payments and fintech company e-finance has stated its IPO indicative price, while the final price announcement is…

#digital#digital payments#invoice

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