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MENA

IFC and Bank of Alexandria sign SME agreement

IFC, a member of the World Bank Group, and Egypt's Bank of Alexandria yesterday signed an agreement to help small and (more…)

SME guide to accessing finance launched

The Egyptian Junior Business Association (EJB) unveiled on Wednesday their Guide on Access to Finance , compiled to help small…


TBI doubles letters of credit to meet demand for...

In a move to meet the increasing demand for cross-border trade finance, the Trade Bank of Iraq (TBI) has doubled…

#bank#banks#international


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…


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…

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