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MENA

Muscat Finance announces 2009 dividend

Muscat Finance, a factoring, working capital finance and leasing firm based in Oman, has announced a six per cent post-tax profit increase in 2009, with (more…)

Egypt SMEs to receive World Bank funding

The World Bank today approved a loan of  (more…)

#bank#financial services#regulation


A North African pow-wow

Marius Savin, General Manager of Egypt Factors and Peter Mulroy, Chairman of Factors Chain International (FCI), talk to Factorscan about…

#bank#conference#exporters


Egypt Factors to increase capital

Egypt Factors is currently preparing to increase capital by $3 million, equivalent to 2.1 million. This will (more…)


HSBC Middle East signs UAE Memorandum of Understanding

HSBC Middle East has signed an agreement with the United Arab Emirates Ministry of Economy to provide financial support to…

#Boost#international#smes


From humble beginnings…

Marius Savin, General Manager of Egypt Factors, talks to Factorscan about the major challenges faced by the Egyptian factoring industry,…


Challenges in the Emirates

Peter Ball, Regional Manager Factoring, HSBC Bank Middle East in the United Arab Emirates (UAE) talks to Factorscan about insolvency…


Strong legal framework needed to address trade finance difficulty

Director of Supply Chain and Open Accounts at Standard Chartered UAE, Krishnakumar Duraiswamy, has spoken of the difficult trade finance…


Egypt Factors' predict growth by 2014

Egypt Factors Ahmed Shaheen predicts a period of strong growth for the Egyptian factoring sector in the next five years,…


SCCI launch initiative to help SMEs

The Sharjah Chamber of Commerce and Industry (SCCI) is to liaise with banks to help SMEs cope with the economic…


Government scheme to encourage SME lending

Egypt has created a new authority to oversee capital markets and non-bank financial services, a move that is likely to…

#bank#banks#financial services


USAID supports Iraqi Company for Financing SMEs

The Founding Shareholders meeting of the Iraqi Company for Financing SMEs, Ltd. convened last week at the Baghdad headquarters of the…

Chamber of Commerce establishes SME Committee

The Bahrain Chamber of Commerce and Industry (BCCI) has launched a new strategy designed to aid SMEs in realizing their full…

#bank#exports#international

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