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MENA

Dubai Islamic Bank launches SME Business Solutions

Dubai Islamic Bank (DIB) announced the launch of SME Business Solutions, a Sharia-compliant suite of products and services specifically developed to support the growth of small and medium enterprises (SMEs), including through the provision of Business Finance up to Dhs1.5million...

#bank#business finance#cash management

IFC agreement with Central Bank boosts access to finance...

The International Finance Corporation (IFC) has signed an agreement with the Central Bank of Jordan to support the establishment of…


IFC and Bank Muscat sign agreement to improve SME...

The International Finance Corporation (IFC) and Bank Muscat have signed an agreement that will make it easier for SMEs in…

#bank#international#SME financing


EBRD agree USD30m trade finance line with Investbank

The European Bank of Reconstruction and Development (EBRD) has signed an agreement with Investbank establishing a US$30 million trade finance…

#bank#guarantees#international


Coface EmiratesServices brings trade credit insurance to SMEs in...

CofaceEmirates Services, a subsidiary of the French credit insurance group Coface, multiplied its activities during the first part of 2012…

#bank#management#smes


Government guarantees for SMEs reached SR 1.95 billion

Saudi- Kafala Programme issued SR 1.95 billion worth of guarantees since its start in 2006. (more…)

#bank#conference#guarantees


Sociйtй Gйnйrale factoring family comes to Egypt

A factoring subsidiary of National Société Générale Bank - NSGB Factoring Company SAE starts operations in Egypt. (more…)


Half of 'bankable' SMEs don’t utilise bank finance

There is a significant opportunity for banks and financing institutions as almost 50,000 UAE-based Small and Medium Enterprises (SMEs) are…


HSBC allocates over half billion dirhams to SMEs

HSBC International Trade SME Fund has allocated AED570 million (EUR126.6 million) in three months .   (more…)

#bank#international#International Trade


Dubai SME and Shuaa Capital sign agreement to support...

Dubai SME, the agency of the Department of Economic Development, has mandated to develop the SME sector, and Shuaa Capital,…

#bank#management#SME financing


Fitch affirms Unifactor

Fitch Ratings has affirmed Union de Factoring's (Unifactor) National Long-term rating at 'BB(tun)' with a Stable Outlook and National Short-term…

#bank#credit risk#management


Fitch affirms Tunisie Factoring at BBB rating

Fitch Ratings has affirmed Tunisie Factoring's (TF) National Long-term rating at 'BBB(tun)' and Short-term rating at 'F3(tun)'. The Outlook for…

#liquidity#management#receivables

Saudi SMEs risk losing main liquidity donors

Commercial goods SME traders and manufacturers will need to look for alternative sources of liquidity. (more…)

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