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Housing Bank has introduced a landmark initiative in the Jordanian financial sector by launching the country’s first supply chain finance (SCF) programme. This strategic development underscores the bank’s continued leadership in financial innovation and digital transformation. At the core of...
#invoice managemnet#operational risk#reverse factoring
Al Baraka Bank Egypt has finalised two significant agreements with the Islamic Corporation for the Insurance of Investment and Export…
#Al Baraka Bank Egypt#bank master policy#cross-border trade
International Holding Company (IHC) has finalised the acquisition of eFunder, a UAE-based private financing platform for small and medium-sized enterprises…
#Abu Dhabi Global Market#financial services#Financial Services Regulatory Authority
The European Bank for Reconstruction and Development (EBRD) signed a US$25m (€21.7m) risk-sharing facility with Emirates NBD Egypt to facilitate…
#EBRD#Emirates NBD Egypt#export
Etihad Credit Insurance (ECI), the UAE’s federal export credit company, recently celebrated the achievements of its flagship initiative, the 'Xport…
#Ajman Bank#Al Maryah Community Bank#Commercial Bank of Dubai
Beltone Leasing and Factoring (Beltone), a wholly owned subsidiary of Beltone Holding, has secured US$20m in funding from two leading…
#Amir Ghannam#Beltone#Finance in Motion
In the heart of the Middle East’s fintech scene, Emirati startup OCTA is gaining significant traction with a fresh US$20m…
#Andrey Korchak#Jon Santillan#Nupur Mitta
The National Bank of Bahrain (NBB) has introduced a fully digital supply chain finance (SCF) solution, aimed at enhancing liquidity…
#early payments#ESG#National Bank of Bahrain
In a major boost for UAE-based micro, small and medium enterprises (MSMEs), Emirates Development Bank (EDB) and RAKBANK have announced…
#ADNEC Centre#Emirates Development Bank#Ministry of Industry and Advanced Technology
Beltone Holding (Beltone) announces that its wholly owned subsidiary, Beltone Leasing and Factoring, has successfully concluded its second securitisation issuance…
#Amir Ghannam#Attijariwafa bank#Banque du Caire
In a significant move to bolster international trade in North Africa, Union Bancaire pour le Commerce et l’Industrie (UBCI) has…
#French Development Agency#Proparco#UBCI
The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), has launched a new…
#Dubai Financial Services Authority#Dubai International Financial Centre#financial services
Finastra, a global provider of financial software applications, today announced that Mediterranean Bank, a provider of retail and corporate banking…
#EVO Digital Solutions Co.#Finastra#Islamic banking