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MENA

Qatar to set regulatory framework for non-bank financial companies

Qatar is all set to create a strategic plan and comprehensive regulatory framework for non-bank financial companies (NBFCs),... (more…)

#bank#regulation#SME financing

Draft rules for entry of int’l credit institutions in...

The High Council of Free Trade Zones (FTZs) has announced that a draft version of regulations for the operation of…

#regulation


UAE Ministry of Finance approves first purchase invoice with...

The federal financial system has been updated and is ready to manage all VAT-related financial transactions... (more…)

#invoice#management#purchase order


Egyptian bank expects to start factoring services in Q1...

Egyptian investment bank...expects to begin offering factoring services in the first quarter of 2018 as... (more…)

#bank#EFG Hermes#financial services


Afreximbank provides US$150m for Egyptian factoring companies

The African Export-Import Bank (Afreximbank) is providing US$150m for Egyptian factoring companies within 5 years... (more…)

#alternative financing#bank#funding


€50 million EBRD loan to Banque de Tunisie to...

The EBRD is providing Banque de Tunisie with a financing package that consists of a... (more…)

#bank#international#International Trade


EIB and Banque Misr provide €250m to finance SMEs...

The European Investment Bank (EIB) signed a financing agreement of EUR 250 million with Banque Misr to ... (more…)

#bank#Banque Misr#SME financing


UAE DS-Concept provides US$5 million export factoring facility

DS-Concept has funded an Indian textile titan with an export factoring facility in the amount of US$5 million... (more…)

#interest rates#international#International Trade


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

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