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In a bold stride towards reshaping the financial landscape for small and medium-sized enterprises (SMEs) in the UAE, Numou, a subsidiary of ADGM (Abu Dhabi Global Market), has officially launched its digital lending marketplace. Debuting at Abu Dhabi Finance Week...
#fintech#Numou#SME lending
Geidea, a leading provider of digital payment solutions in the Middle East, is set to launch its innovative SoftPos service…
#data protection#digital#digital transformation
Emirates Development Bank ("EDB" or "the Bank"), the key financial engine of UAE economic development and industrial advancement, and Ajman…
#Ajman Bank#EDB#sme finance
Tarabut, the MENA region’s leading, regulated open banking platform, and Geidea, Saudi Arabia’s leading payments solutions provider, have entered a…
#alternative finance#Geidea#sme finance
Mastercard and Fundbot, a UAE-based fintech firm specialising in supply chain financing (SCF), have announced a collaboration to accelerate business-to-business…
#B2B#days sales outstanding#Fundbot
#Abdulla Almoayed#financing gap#Geidea
The European Bank for Reconstruction and Development (EBRD) is extending an unfunded portfolio risk-sharing facility for up to €25m to Commercial…
#EBRD#risk sharing agreement#sme finance
EFG Hermes, a leading investment bank in the MENA region and a subsidiary of EFG Holding, has completed its 12th…
#receivables securitisation
Factoring volume in Egypt has been growing over the last few years since its introduction to the country’s financial market…
#Egypt Factors#factoring#Ghada Shams
The European Bank for Reconstruction and Development (EBRD) has introduced a €35m risk-sharing facility to support small and medium-sized enterprises…
#EBRD#QNB#risk sharing agreement
The MENA Supply Chain Finance Conference 2024 (MENASCF24) wrapped up successfully at The Westin, Dubai, marking two days of engaging…
#digital trade#digitisaton#fintech
Beltone Holding’s ("Beltone") wholly owned subsidiary, Beltone Leasing and Factoring, has successfully completed its first securitisation issuance, raising EGP 1.33bn…
#factoring#receivables securitisaton
“More education is needed,” Saloi Benbaha. In this pre-MENASCF24 interview with Michael Bickers, Saloi Benbaha, Head of Enterprise Alliance and…
#digitalisation#digitisaton#fintech