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MENA

Ministry of Finance urges banks to lend more to...

The UAE s Ministry of Finance, (MoF) on Wednesday urged the country s banks to step up lending to SMEs through targeted schemes, commenting on the findings of the joint survey of Union of Arab Banks and the World Bank...

New player on Tunisian factoring scene

Tunisian business group Poulina have entered the country s factoring market by launching the Medfactor Group. The Group, with 10…

#bank#banks#leasing


EDC launches financial assistance scheme to help SMEs boost...

The Dubai Export Development Corporation (EDC), an agency of the Government of Dubai s Department of Economic Development, has launched…

#exporters#exports#international


Abraaj Capital receives US support for SME funding

UAE private equity group Abraaj Capital has received $150m investment in its small business fund from US trade promotion agency…


HSBC allocates US$100 million to meet strong demand for...

Almost all of HSBC s US$100 million (Dh367.2m) fund to support small businesses in the UAE has been allocated amid…


Fitch affirms Union de Factoring Stable Outlook

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

#bank#credit risk#liquidity


HSBC Amanah opens its first dedicated Islamic banking branch...

HSBC Amanah yesterday opened its first branch dedicated to Shariah compliant products and services in Qatar. (more…)

#bank#banking services#international


Doha Bank to launch SME support packages

Doha Bank branch in the UAE on Tuesday announced the introduction of a new financing package for small and medium-sized…


SME finance sector could face significant competition from Islamic...

According to Moinuddin Malim, CEO of Mashreq Al Islami, Islamic finance could see growth in the SME commercial finance and…

#cash-flow#commercial finance#i


Emcredit and ECIE sign agreement to support UAE export...

Dubai s official credit information agency Emcredit has signed a Memorandum of Understanding with the Export Credit Insurance Company of…

#export credit insurance#exports#liquidity


Fitch affirms ratings for Tunisie factoring

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


Factoring in Egypt – World Factoring Yearbook

Marius Savin, General Manager of Egypt Factors, provides Factorscan with an overview of the Egyptian factoring market covering industry environment,…

#bank#financial services#international

Qatar Development Bank to increase SME lending

Qatar Development Bank expects to provide lending to more than a third of Qatari small and medium-sized enterprises by 2015…

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