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MENA

Moroccan factoring market has been declining in the last...

According to the latest statistics of Bank Al-Maghrib, the declining trend was accentuated in 2017 when the drop in... (more…)

#alternative financing#bank#payment terms

UAE Central Bank looks to private equity to plug...

The governor of the Central Bank of the UAE wants private equity firms to help fill the void left by…

#bank#forum#invoice


Dubai-based fintech company raises US$5m

...a Dubai-based fintech supply chain finance platform, has raised US$5 million funding from UK’s financial services bank... (more…)

#bank#financial services#invoice


DMCC and Dubai SME to develop Shari’ah compliant trade...

DMCC, the world’s leading Free Zone for trade and enterprise in Dubai, has signed a Memorandum of Understanding (MoU) with...…

#international#management#smes


Partnership to launch receivables finance programme in Dubai

Dubai Economy in partnership with Dar Al Tawreeq, a subsidiary of Tawreeq Holdings, has launched a sharia-compliant smart programme to…

#cash management#international#management


Israeli invoice finance fintech raises US$130m

The Israeli company...which provides online loans to small and medium-sized businesses, has raised... (more…)

#bank#invoice#Leumi


Moroccan company to raise US$160m via securitization

Moroccan electricity and water utility company ONEE plans to raise MAD 1.5 billion (US$160m) via a securitization deal. Moroccan financial…

#interest#interest rate#receivables


EBRD opens second office in Egypt to support SME...

The European Bank for Reconstruction and Development (EBRD) has stepped up its support for the economic development of Egypt, with…

#bank#financial institution#international


MENA invoice finance platform raises US$5m investment

...MENA's leading peer to peer lending (P2P) platform, has secured US$5m investment as part of...  (more…)

#digital#international#invoice


EBRD to boost SME lending in Morocco

The EBRD and Morocco are joining forces to develop local currency lending to small businesses and provide... (more…)

#bank#microfinance#small businesses


UAE SCF provider endorses UN Environment Programme Finance Initiative’s

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

#financial institution#management#smes


UAE Factoring company receives Dubai Chamber CSR Label award...

...has been awarded the Dubai Chamber CSR Label for the second consecutive year by His Excellency Majid Saif Al Ghurair...…

#smes#supply chain finance#sustainable supply chain

RAKBANK arranges AED125m (US$34m) financing to UAE commercial finance...

RAKBANK has announced the arrangement of a AED 125m (US$34m) credit facility to... (more…)

#bank#commercial finance#commercial financing

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