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MENA

Beltone Holding doubles Beltone SMEs capital to EGP500M

Beltone Holding, has announced a major milestone for its subsidiary, Beltone SMEs. The company has successfully increased its paid-in capital from EGP250m (US$5.2m) to EGP500m (US$10.3m), demonstrating its strategic commitment to expanding operations and supporting Egypt’s dynamic small and medium...

#Beltone#sme finance

Trade finance facility of €70m approved by AfDB for...

The Board of Directors of the African Development Bank Group(AfDB) has approved a trade finance facility of €70m for Bank…

#Achraf Hassan Tarsim#African Development Bank#Ahmed Attout


BCR Webcasting: Federico Avellán Borgmeyer, Chief Partner Officer, efcom...

In an exclusive webcast leading up to the highly anticipated MENASCF24 conference, Michael Bickers sat down with Federico Avellán Borgmeyer,…

#fintech#MENASCF24#supply chain finance


BCR Webcasting: Latif Sheik, Business Development Director, Comarch Middle...

“The easier onboarding becomes, the more difficult the identification process gets,” Latif Sheik In an exclusive webcast with Michael Bickers…

#bank#BCR webcasting#digitisation


ADB approves €70m trade finance facility for Bank of...

The Board of Directors of the African Development Bank Group (ADB) has approved a trade finance facility of €70m for…

#ADB#BOA#SME financing


Magnati and RAKBANK partner to deliver embedded finance solutions

Magnati, a leading payment solutions provider, has partnered with RAKBANK, the UAE's largest SME bank, to launch an innovative merchant…

#account receivables#embedded finance#fintech


EDB and ADIB partner to strengthen SME financing in...

Emirates Development Bank (EDB) and Abu Dhabi Islamic Bank (ADIB) have partnered to support UAE's small and medium enterprises (SMEs)…

#ADIB#credit guarantee scheme#EDB


Chalhoub Group secures SAR100m ESG facility from Emirates NBD

Emirates NBD, a leading banking group in the MENAT region, has announced a SAR100million (US$26.7m) ESG-linked working capital facility with…

#Chalhoub Group#Emirates NBD#ESG


Beltone Leasing and Factoring and Madkour Group sign EGP...

Beltone Holding, one of the fastest-growing financial institutions in Egypt, announced that its subsidiary, Beltone Leasing and Factoring, has signed…

#Amir Ghannam#Beltone#factoring


BCR Webcast: Niraj Kumar, Head of Global Transaction Banking,...

“The collaboration between financial institutions, underwriters and technology platforms may well be the key to strengthen the supply chain ecosystem…

#MENASCF24#Niraj Kumar#supply chain finance


EBRD takes minority equity stake in Tamweely Microfinance

The European Bank for Reconstruction and Development (EBRD) is supporting Egypt’s privatisation agenda and boosting the competitiveness of the private sector…

#EBRD#Micro Finance Institutions


FlapKap secures US$34m in funding to expand SME financing...

FlapKap, the Abu Dhabi-based fintech platform specialising in revenue-based and embedded financing for MENA SMEs, has secured US$34m in a…

#A15#BECO Capital#fintech

Saudi startup Lendo joins forces with J.P. Morgan to...

Lendo, a Saudi Arabia-based Shariah-compliant crowdlending marketplace, has signed a Memorandum of Understanding (MOU) with J.P. Morgan to improve access…

#IFC#J.P. Morgan#Lendo

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