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MENA

IFC capitalisation fund invests USD170m in BankMuscat to support...

The International Finance Corporation (IFC) is set to use its capitalisation fund to invest USD170 million in subordinated debt in BankMuscat, the largest commercial bank in the Sultanate of Oman, to strengthen its capital base and help increase access to...

Future business leaders graduate from commercial finance academy

Mubadala GE Capital, a specialised commercial finance company that provides structured financing solutions to businesses, including SMEs, has seen the…

#commercial finance#management#risk management


Government launches credit plan for SME bank loans

The Israeli finance and industry, trade and labour ministries have approved measures to increase credit lending to SMEs for the…

#bank#guarantees#risk


Egypt: Supply chain finance overview

Ahmed Shaheen, General Manager of Egypt Factors S.A.F provides an overview of supply chain finance in Egypt for the 2011/2012 edition…


Egypt receives $400m from Islamic trade financier

The trade financing arm of the Islamic Development Bank (IDB) has offered US$400 million to help Egypt finance imports of…

#bank#IMF#international


Mashreq appoints new head of SME banking

Mashreq, one of the UAE's financial institutions, has appointed Hameed Noor Mohamed as their new Head of SME Banking. (more…)

#ANZ#bank#management


EBRD: Egypt needs civilian gov’t in place to allow...

The European Bank for Reconstruction and Development (EBRD) has stressed the urgency for a civilian government in Egypt, as full…

#bank#banks#economy


Traditional factoring takes root in Jordan

Ilyas A. Khan, Director of Transaction Banking at Standard Chartered and Marius Savin, Director of Transaction Banking, Standard Chartered Singapore,…

#bank#exporters#invoice


Emirates NBD: SME lending up 30 per cent

Emirates NBD has announced that its lending to SMEs has grown 30 per cent this year and plans to double…


Coface and CBD partner for factoring services

The United Arab Emirates branch of the global credit insurer Coface and the Commercial Bank of Dubai (CBD) have signed…

#bank


HSBC's SME fund in UAE snapped up

HSBC has announced that its second $100 million SME fund, a dedicated fund for United Arab Emirates (UAE) SMEs, has…


ECGD heads back to Libya

ECGD, the UK's export credit agency (ECA), has resumed cover for British exports to Libya. (more…)

NBAD launches three SME accounts

The National Bank of Abu Dhabi (NBAD), has added three new business current accounts exclusively for SME clients. (more…)

#bank#economy#GDP

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