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Despite tight liquidity, some banks in the UAE are still lending to small and-medium scale enterprises. (more…)
#bank#business finance#cash management
Egypt's Industrial Modernization Programme has created the first private equity fund aimed at solely benefiting local SMEs. (more…)
#bank#bank loan#international
The African Development Bank is looking to promote Egyptian franchising and the establishment of solid local financial instruments. (more…)
#African Development Bank#bank#financial services
Middle East customers are increasingly defaulting on payment, credit insurers warn. (more…)
At a recent conference in Muscat, Standard Chartered unveiled the services it intends to extend to SMEs in the Middle…
Bahrain highlights the growing problem of money laundering and fraud behind international trade (more…)
#anti-money laundering#exporters#international
The Manufacturers Association of Israel has entered an agreement with Clal Finance Factoring, offering members factoring services at preferential terms to…
#bank#banks#bonds
Abu Dhabi-based Khalifa Fund will continue to inject funding into 100 new projects this year in the SME sector. (more…)
Many of the UAE's small businesses, considered to be the backbone of the economy, are facing acute shortage of financing…
Israel Credit Cards-Cal Ltd. and Psagot Financing Factoring Ltd. have announced they are to enter a joint factoring venture (more…)
#bank#international
A landmark initiative by Tamkeen and Shamil Bank has provided more than EUR18.37m in financing to SMEs in Bahrain (more…)
The National Bank of Oman has launched a new financial services proposition - Tijarati Banking - to cater for the financial…
Mashreqbank said yesterday it would offer small business-owner loans that are currently provided by its subsidiary Osool (more…)