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MENA

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


UAE receivable finance provider streamlines SMEs access to finance

...Factoring Program focuses on facilitating working capital liquidity to SMEs in the United Arab Emirates... (more…)

#cash management#management#smes


VAT implementation to impact factoring services in UAE

Implementation of Value Added Tax (VAT) in the UAE starting from January 1, 2018 will have some adverse implications for...…

#bank#financial services#international


Egypt ratifies local law on factoring and financial leasing

Egypt’s Cabinet approved the law on financial leasing and factoring and referred it to the State Council, said... (more…)

#digital#international#leasing


Invoice finance fund partners with consultancy firm to support...

Most entrepreneurs in the Middle East (and indeed the world over) would agree that managing operations and funds is as…

#bank#invoice#management

RAKBANK partners with SCF platform

The National Bank of Ras Al-Khaimah (RAKBANK) announced a strategic partnership with... (more…)

#bank#First Bank#invoice

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