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Catalyst Leasing and Factoring, a subsidiary of Catalyst Partners Middle East, has secured new banking facilities amounting to EGP 600 million from Abu Dhabi Commercial Bank – Egypt, Suez Canal Bank, and the National Bank of Egypt. With this step,...
#Catalyst Leasing and Factoring#factoring#financing
Saudi National Bank (SNB), the Kingdom’s largest financial institution, today announced plans to launch a first-of-its-kind Point-of-Sale (POS) lending solution…
#Geidea#Saudi National Bank#SME financing
Dubai Chambers has signed a Memorandum of Understanding (MoU) with Emirates Development Bank (EDB) to expand financing opportunities and strengthen…
#Dubai Chambers#EDB#financial services
RAKBANK has entered a strategic partnership with Faturalab, a leading provider of smart supply chain finance (SCF) solutions, to streamline…
#Faturalab#Rakbank#supply chain finance
Beehive, the Middle East’s pioneering digital SME lending platform, has signed a non-binding offer letter with Themar, a licensed crowdfunding…
#Beehive#SME financing#Themar
CredibleX, a fast-growing embedded finance provider in the UAE, has secured a US$100m credit facility from US-based private credit firm…
#CredibleX#embedded finance#Pollen Street Capital
Orbii, the embedded credit infrastructure platform enabling financial institutions and B2B platforms to launch SME lending products, has raised US$3.6m…
#AI#embedded credit platform#ERP
SILQFi, the financial arm of SILQ Group, has partnered with Helix, a leading real-world assets (RWA) tokenisation protocol, to launch…
#blockchain#financial inclusion#Helix
Bahrain Development Bank (BDB), a leading financial institution dedicated to supporting small and medium-sized enterprises (SMEs) in the Kingdom of…
#Aluminium Bahrain#Bahrain Development Bank#supply chain finance
Finastra, a global leader in financial services software, announced that AlRayan Bank, one of Qatar’s largest Islamic banks with an…
#AlRayan Bank#Finastra#Shariah-compliant
Saudi Arabian fintech startup RIFD has secured strategic investment from global venture capital firm Antler, marking a significant step in…
#Antler#receivables securitisation#RIFD
In a strategic move to strengthen its energy and food security needs, Egypt has secured US$1.8bn in trade financing from…
#Egyptian General Petroleum Corporation#General Authority for Supply Commodities#ITFC
Eazy Financial Services (EazyPay) has introduced Mastercard Receivables Manager to the Bahraini market, becoming the first acquirer in the country…
#APIs#digital payments#Eazy Financial Services