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MENA

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


Dubai’s DFSA launches crowdfunding framework

The Dubai Financial Services Authority (DFSA) has launched its regulatory framework for loan and investment-based crowdfunding platforms... (more…)

#bank#international#platforms


Egyptian bank to start factoring

One of the largest investment banks in the Middle East, Egyptian investment bank... (more…)

#bank#banks#EFG Hermes


FCI announces new associate member in Morocco

Société Générale Marocaine de Banques is present in Africa (more than 15 countries) since more than ... (more…)

#bank#cash management#management

Tunisian factoring revenue up

At the end of 2016, the number of banks and financial institutions authorized in Tunisia remained... (more…)

#banks#financial institutions#investment

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