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MENA

BM Lease expands into factoring

BM Lease intends to provide different sectors with EGP 2bn in financing during the first quarter of... (more…)

#bank#financial services#funding

Abu Dhabi starts US$1.6bn SCF initiative for SMEs

The Abu Dhabi Department of Finance (DoF) Sunday announced a AED 6bn (US$1.6bn) supply chain financing... (more…)

#bank#receivables#smes


Arab Banking Corporation to acquire Blom Bank Egypt

Bahrain-based Arab Banking Corporation (Bank ABC), a leading financial institution in the Middle East, said that it has entered into…

#bank#international#management


RAKBANK renews partnership with invoice finance fintech

The National Bank of Ras Al Khaimah (RAKBANK) has announced the renewal of its partnership with... (more…)

#Invoice Bazaar#Rakbank


Export credit agencies of UAE, India join hands

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

#Etihad Credit Insurance#exporters#exports


Commercial Bank of Dubai and Demica win innovation award...

Commercial Bank of Dubai (CBD), one of the leading banks in the UAE and Demica... (more…)

#bank#fintechs#management


Finverity teams up with Abu Dhabi Global Market in...

The withdrawal of major banks from trade finance and especially in the SME space is... (more…)

#Finverity


EFG Hermes, CAYESH partner to launch online SCF solution

CAYESH and EFG Hermes Corp-Solutions, EFG Hermes' subsidiary, signed a strategic partnership... (more…)

#EFG Hermes


Over 100 companies use Egypt’s e-invoicing system

Egypt’s Minister of Finance Mohamed Maait has revealed that more than 100 companies... (more…)

#economy#electronic invoice#electronic invoicing


Ebury becomes the first firm to offer regulated money...

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region,…

#Ebury


About 83% of Egypt businesses expect pre-COVID-19 profitability by...

The difficult conditions of 2020 have not dampened the mood among Egyptian businesses... (more…)

#bank#digital#international


Afreximbank announces 9 months 2020 results

African Export-Import Bank (Afreximbank) today in Cairo released its unaudited financial statements for... (more…)

#bank#Benedict Oramah#liquidity

Demica announces private cloud deployment for Saudi Arabian bank

Demica, one of the largest independent providers of working capital solutions, today announced that it has... (more…)

#artificial intelligence#bank#supply chain finance

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