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MENA

Egypt Factors changes management

FIMBank appointed Marius Savin as Co-General Manager, together with Ahmed Shaheen he has the task of making Egypt Factors the leading factoring company of Egypt (more…)

#bank#emerging markets#international

BankMuscat offers support to SMEs

BankMuscat, the leading financial institution in the Sultanate, has offered full support to the SME sector (more…)

#bank#conference#international


Commerce hails new credit insurance facility

Businessmen in Dubai lauded the Dubai Government for setting up a credit insurance facility that seeks to protect UAE-based exporters…


Egypt finding new sources of financing trade in times...

With Egypt's first factoring company now up and running, local exporters can turn to a less traditional source of finance…

#bank#exporters#guarantees


Egypt Factors begins facilitating trade for smaller businesses

Egypt Factors has begun operations to promote cross-border trade by the country's smaller businesses (more…)

#bank#exporters#exports


Cal Credit Cards and Psagot in talks to set...

Israel Credit Cards-Cal Ltd. is in advanced negotiations with Psagot Financing and Factoring Ltd. to set up a jointly owned…

#trade#trade financing


Dubai Bank goes live with new trade finance system

Dubai Bank, a Dubai Group company, has announced its successful implementation of Trade Innovation, a new automated Trade Finance System.…


IFC announces Islamic financing solutions for SMEs

Islamic Finance Company (IFC) announced the commencement of full scale shariah compliant financing solutions for SMEs (more…)


ITFC announce $1.6bn H1 trade finance operations

In its mid-year financial report for 1429 (2008), the International Islamic Trade Finance Corporation (ITFC) announced the execution of trade…

#bank#international#Islamic Development Bank


Insurer buys stake in factoring firm

Migdal Insurance has announced the acquisition of a stake in factoring firm Peninsula Financial Ltd. (more…)

#acquisition#insurance#investment


Bahrain's AUB set to bolster SMEs

Ahli United Bank (AUB) has launched the 'Supplier Finance' programme, as part of its continuous efforts to support the growth of SMEs. (more…)

#Access Bank#bank#smes


UNB launches commercial rent loan for SMEs

Union National Bank (UNB), one of the UAE's leading banks, has announced the launch of a new product that offers…

ICIEC posts 71pc rise in business insurance

The Islamic Corporation for Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank (IDB) Group,…

#bank#ECI#export credit insurance

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