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MENA

Standard Chartered’s new CEO in UAE

Standard Chartered has announced the appointment of Julian Wynter as the new Chief Executive Officer for its business in the UAE (more…)

#bank#international#leadership

Margrith Lьtschg-Emmenegger joins board of Tawreeq Holdings

Tawreeq Holdings, a pioneer in Sharia-Compliant Supply Chain Finance Solutions has announced the appointment of Margrith Lьtschg-Emmenegger, an expert in…

#factoring platform#supply chain finance#supply chain finance solutions


SME financing budget lifted by Central Bank of Iraq

The Iraqi Private Banks League announced that the Central Bank of Iraq launched an additional IQD0.5trn to the financing budget…

#bank#banks#SME financing


Afreximbank swears in new President

Nigerian banker Dr. Benedict Oramah today in Cairo took over the leadership of the African Export-Import Bank as the third…

#bank#Benedict Oramah#leadership


Afreximbank inaugurates headquarters building

The Egyptian Foreign Minister, Sameh Shoukry, has inaugurated the Headquarters Building of the African Export-Import Bank (Afreximbank) with a reemphasis…

#African Development Bank#bank#conference


Tawreeq Holdings crosses USD55m milestone

Tawreeq Holdings crosses milestone of USD55m in supply chain finance programmes since launch (more…)

#financial services#payment terms#smes


International Islamic Trade Finance Corporation in USD3bn agreement

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IDB) Group, has signed a USD3bn…

#bank#guarantee#international


Bank Muscat launches PoS receivables financing

Bank Muscat has launched a first-of-its-kind point of sale (PoS) receivables financing for micro and small businesses (more…)

#bank#capital requirements#receivables


HPD Software powers new Moroccan factoring service

HPD Software has announced that their Aquarius software is powering the first factoring service delivered by Sociйtй Gйnйrale's Moroccan factoring…

#digital#innovation#invoice


Trade boost in Egypt

The European Bank for Reconstruction and Development (EBRD) partners with commercial bank QNB AlAhli, providing small businesses in Egypt with…

#bank#exporters#guarantees


DFSA grants DS-Concept a Category-2 License

DS-Concept Intelligent Trade Finance Limited (DS-Concept Factoring UAE) has been granted a Category-2 license by the Dubai Financial Services Authority…

#exporters#financial services#international


Afreximbank’s rating outlook changes to “Stable”

Moody's Investors Service has announced that it has changed the outlook on the Baa2 long-term issuer rating of the African…

#African Development Bank#assignment#bank

Gulf finance adds new SME banking services

Gulf Finance has announced that it has launched a business deposit solution for SMEs that’s aimed at providing better returns.…

#liquidity#small business#SME financing

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