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Saudi Arabia’s Small and Medium Enterprises Bank (SME Bank), a development bank under the National Development Fund, announced the allocation of SAR10.5bn (US$2.8bn) to support the small and medium enterprises sector, through existing and new financing programmes offered by the...
#SME bank
The Moroccan government has recently authorised Crédit Agricole du Maroc to create its factoring subsidiary. The new structure - Crédit Agricole…
#bank#guarantees#management
ICC UAE announces the 2nd edition of Global Trade Facilitation Summit 2023... (more…)
#emerging markets#exporters#risk
In order to allow customers to perform multiple tasks from one platform, MODIFI, a global commerce platform has expanded its…
#DP World#MODIFI
To better support the small and medium sized enterprises (SMEs) in Egypt and help improve the financial environment for customers,…
#banking services#financial services#international
The World Bank Board of Executive Directors has approved a US$120m loan for Tunisia to fund the project "Support to…
#World Bank
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 (UAB) has announced that it has joined UAE Trade Connect (UTC) as an official member.UTC, the fintech…
#blockchain#digitalisation#Fraud Prevention
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched a global FinTech accelerator campaign in…
#digitalisation
The International Islamic Trade Finance Corporation (ITFC), signed the 2023 Annual Program with the... (more…)
#ITFC
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
Attijari Factoring has signed a partnership with Coface Morocco . Its objective is to strengthen collaboration between the two institutions…
#bank#insurance#receivables
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