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MENA

Hong Kong Monetary Authority widens DLT use in Abu...

Hong Kong Monetary Authority has announced it will work with regulators in Abu Dhabi on a... (more…)

#financial services#international#International Trade

FCI introduces Islamic factoring

At the 50th Anniversary Annual Meeting of FCI being held in Amsterdam, members unanimously voted to make Islamic Sharia compliant factoring…

#bank#business finance#international


Israeli invoice finance platform raises US$200m from Credit Suisse

Israeli fintech company...announced that it has secured US$200 million asset-backed revolving credit facility with... (more…)

#Credit Suisse#funding#invoice


Egyptian bank to start offering factoring services in July...

...will start offering factoring services in early July as part of a push into non-banking services... (more…)

#bank#banks#conference


Coface gets 10% market share in Israel in two...

The insurance market in Israel is composed of almost exclusively Israeli companies. Two of the world's largest international... (more…)

#AIG#Atradius#financial services


Israeli company launches blockchain based factoring platform

...is a blockchain-based platform for invoice and credit finance management. The platform seeks to enable... (more…)

#blockchain


Dubai-based SCF platform invests in documentation exchange solution

...a fintech supply chain finance platform with a presence across Asia, has announced an undisclosed... (more…)

#exporters#invoice#Maersk


Dubai SME expands agreement with peer-to-peer finance solutions provider

The Mohammed bin Rashid Fund (MBRF) for SME – the financial arm of Dubai SME, has expanded the partnership agreement…

#digital#guarantees#interest rates


Egyptian factoring market “to reach EGP 10bn in 2018”

Gamal Muharram, chairperson of the Egyptian Factoring Association (EFA), expected the activity of the sector to reach EGP 10bn (US$…

#bank#exporters#interest rates


New company receives licence to offer factoring services in...

...has received a licence to offer factoring services in the Egyptian market, further diversifying its product offering to large corporates…

#bank#financial services#receivables


UAE bankers see “huge demand” for Islamic trade finance,...

The Islamic finance sector will continue to show strong growth in 2018, according to a new Moody’s report, with trade…

#bank#financial services#international


Noor Bank in UAE gains membership to FCI

This significant membership will enable Noor Bank to leverage the FCI network in more than 90 countries to offer export…

#bank#international#receivables

Abu Dhabi’s ADGM publishes proposed regulatory framework for alternative...

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) today published a discussion paper setting out its…

#alternative financing#financial services#platforms

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