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Egypt launches TSFE sub-fund for financial services, digital transformation

Egypt's Minister of Planning and Economic Development Hala El-Said has issued a decree to establish the Egypt sub-fund for financial services and digital transformation, affiliated to The Sovereign Fund of Egypt (TSFE). El-Said asserted that the TSFE's philosophy depends on...

#bank#digital#financial services

Dubai SME introduces smart dashboards to promote Government Procurement...

Dubai SME has introduced two smart dashboards to enable local start-ups... (more…)

#economy#Two


GCR affirms Afreximbank’s A- rating

The African Export-Import Bank (Afreximbank), Africa’s... (more…)

#bank#international#management


Afreximbank delivers solid performance in H1 2020

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

#African Development Bank#bank#interest rates


Mastercard and AlRaedah Finance launch payment solutions for SMEs...

Mastercard has signed a Memorandum of Understanding (MoU) with AlRaedah Finance, to launch... (more…)

#Mastercard


CIH Bank goes live on Finastra platform to automate...

Morocco-based CIH Bank has gone live on Finastra’s Fusion Corporate Channels and Fusion Trade Innovation systems. According to Finastra the…

#bank#platforms#supply chain finance


Afreximbank wins two EMEA best structured finance awards

The African Export-Import Bank (Afreximbank) has been recognized by EMEA Finance’s 12th African Banking Awards for... (more…)

#awards#bank#guarantee


Digitalised supplier finance offers lifeline to SMEs

Claudia Perri regional commercial director at HPD LendScape describes below why digitalised supplier chain finance... (more…)

#supplier finance


Saudi Arabian Ministry of Finance to offer receivables finance...

Saudi Arabia’s Ministry of Finance launched 12 new products on its digital portal... (more…)

#bank#financial services#guarantees


ECI signs partnership to boost UAE sharia-compliant exports

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

#ECI#Etihad Credit Insurance


HSBC provides US$558m funding, including receivables finance, for Etihad...

Banking giant HSBC has structured and financed a US$558m (AED2.04bn) working capital package for the civil works and construction contract…

#bank#guarantees#international


Invoice Bazaar collaborates with RSA Global on inventory financing

To help companies obtain inventory financing for supplier payments, supply chain provider... (more…)

#Invoice Bazaar

UAE approves reformation of Board of Directors of Etihad Credit...

The UAE Cabinet Resolution No. 9/8 for the year 2020 approved the reformation of the ... (more…)

#Etihad Credit Insurance

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