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MENA

Egyptian bank to start offering factoring services in July...

...will start offering factoring services in early July as part of a push into non-banking services... (more…)

#bank#banks#conference

Coface gets 10% market share in Israel in two...

The insurance market in Israel is composed of almost exclusively Israeli companies. Two of the world's largest international... (more…)

#AIG#Atradius#financial services


Israeli company launches blockchain based factoring platform

...is a blockchain-based platform for invoice and credit finance management. The platform seeks to enable... (more…)

#blockchain


Dubai-based SCF platform invests in documentation exchange solution

...a fintech supply chain finance platform with a presence across Asia, has announced an undisclosed... (more…)

#exporters#invoice#Maersk


Dubai SME expands agreement with peer-to-peer finance solutions provider

The Mohammed bin Rashid Fund (MBRF) for SME – the financial arm of Dubai SME, has expanded the partnership agreement…

#digital#guarantees#interest rates


Egyptian factoring market “to reach EGP 10bn in 2018”

Gamal Muharram, chairperson of the Egyptian Factoring Association (EFA), expected the activity of the sector to reach EGP 10bn (US$…

#bank#exporters#interest rates


New company receives licence to offer factoring services in...

...has received a licence to offer factoring services in the Egyptian market, further diversifying its product offering to large corporates…

#bank#financial services#receivables


UAE bankers see “huge demand” for Islamic trade finance,...

The Islamic finance sector will continue to show strong growth in 2018, according to a new Moody’s report, with trade…

#bank#financial services#international


Noor Bank in UAE gains membership to FCI

This significant membership will enable Noor Bank to leverage the FCI network in more than 90 countries to offer export…

#bank#international#receivables


Abu Dhabi’s ADGM publishes proposed regulatory framework for alternative...

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) today published a discussion paper setting out its…

#alternative financing#financial services#platforms


Dubai invoice finance fintech buys minority stake in partner...

Dubai-based fintech start-up ... has bought a minority stake for an undisclosed amount in its Mumbai-based partner... (more…)

#banks#invoice#Invoice Bazaar


Tawreeq Holdings awarded “Best SME Supply Chain Finance Solutions...

Tawreeq Holdings, a comprehensive Supply Chain Finance (SCF) solutions provider for Small and Medium-size Enterprises (SMEs) and their corporate clients,…

#insolvency#international#platforms

UAE bank allocates US$272m for SME financing

Obaid Al Tayer, the Minister of State for Financial Affairs and chairman of Emirates Development Bank, said SMEs are the…

#SME lending

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