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MENA

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


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

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