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MENA

SME support initiative launched

More than 200 prominent industrial leaders from across the globe will gather in Dubai today for the region's first International Small and Medium Sized Enterprises (SMEs) Forum. (more…)

#forum#international#management

Initiative to support SMEs

The Economic Zones World (EZW), announced an ambitious SME initiative to revitalise the industrial sector in the region. (more…)

#forum#international#management


Maroc Factoring takes up Codix software

Codix captures Maroc Factoring's interest. (more…)

#CODIX#interest#receivables


Exporters unable to secure credit insurance

The Israel Manufacturers Association wants the government and the Finance Ministry to extend state guarantees to help beleaguered exporters. (more…)

#exporters#exports#guarantees


Bank lending available but strict

Despite tight liquidity, some banks in the UAE are still lending to small and-medium scale enterprises. (more…)

#bank#business finance#cash management


Private equity fund established to aid SMEs

Egypt's Industrial Modernization Programme has created the first private equity fund aimed at solely benefiting local SMEs. (more…)

#bank#bank loan#international


AfDB looking to develop funding and franchising opportunities

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


Non-payment increasing issue in the Gulf

Middle East customers are increasingly defaulting on payment, credit insurers warn.   (more…)


Standard Chartered to introduce SME banking to Oman

At a recent conference in Muscat, Standard Chartered unveiled the services it intends to extend to SMEs in the Middle…


Cash from trade being laundered in Gulf ports

Bahrain highlights the growing problem of money laundering and fraud behind international trade (more…)

#anti-money laundering#exporters#international


Crisis times see rise in factoring transactions

The Manufacturers Association of Israel has entered an agreement with Clal Finance Factoring, offering members factoring services at preferential terms to…

#bank#banks#bonds


Khalifa Fund to finance SMEs

Abu Dhabi-based Khalifa Fund will continue to inject funding into 100 new projects this year in the SME sector. (more…)

Loans dry up for small businesses

Many of the UAE's small businesses, considered to be the backbone of the economy, are facing acute shortage of financing…

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