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MENA

BCR Webcast: Niraj Kumar, Head of Global Transaction Banking,...

“The collaboration between financial institutions, underwriters and technology platforms may well be the key to strengthen the supply chain ecosystem today,” Niraj Kumar, Head of Global Transaction Banking, United Arab Bank In this new BCR Webcast, Michael Bickers speaks with...

#MENASCF24#Niraj Kumar#supply chain finance

EBRD takes minority equity stake in Tamweely Microfinance

The European Bank for Reconstruction and Development (EBRD) is supporting Egypt’s privatisation agenda and boosting the competitiveness of the private sector…

#EBRD#Micro Finance Institutions


FlapKap secures US$34m in funding to expand SME financing...

FlapKap, the Abu Dhabi-based fintech platform specialising in revenue-based and embedded financing for MENA SMEs, has secured US$34m in a…

#A15#BECO Capital#fintech


Saudi startup Lendo joins forces with J.P. Morgan to...

Lendo, a Saudi Arabia-based Shariah-compliant crowdlending marketplace, has signed a Memorandum of Understanding (MOU) with J.P. Morgan to improve access…

#IFC#J.P. Morgan#Lendo


Bank Audi faces US$234m lawsuit from IFC amid Lebanon’s...

Bank Audi SAL, Lebanon’s second-largest lender, is embroiled in a legal battle with the International Finance Corporation (IFC), the private…

#Bank Audi#IFC


ADCB Egypt partners with PaySupp to enhance SCF

Abu Dhabi Commercial Bank – Egypt (ADCB Egypt) has teamed up with fintech firm PaySupp to offer innovative financing solutions…

#ADCB Egypt#fintech#PaySupp


Aramex and FlapKap partner to accelerate access to working...

Aramex, the UAE-based global logistics and transportation provider, has announced a strategic partnership with FlapKap, a UAE-based revenue-based financing (RBF)…

#Aramex#fintech#FlapKap


IHC announces formation of Rorix Holdings, a global trading...

International Holding Company (IHC), the global diversified Abu Dhabi-based conglomerate, has formed Rorix Holdings, a groundbreaking global finance and trade…

#financial services#international#International Trade


ECI partners with IDB to support UAE exporters

Etihad Credit Insurance (ECI), the UAE Federal export credit company, signed a cooperation agreement with the International Development Bank (IDB),…

#Etihad Credit Insurance#International Development Bank#Raja Al Mazrouei


Commercial International Bank Egypt launches “Sustainable Finance Loan” for...

Commercial International Bank (CIB), Egypt’s leading private-sector bank, has announced that it has launched its new “Sustainable Finance Loan” targeting…

#bank#international#smes


Aura partners with Reem Finance to revolutionise SME finance...

Aura, a fintech company specialised in invoice finance solutions for SME cash flow, has signed a Memorandum of Understanding (MOU)…

#guarantees#invoice#payment terms


EBRD provides US$130m loan to Coca-Cola HBC in Egypt

The European Bank for Reconstruction and Development (EBRD) is boosting the competitiveness and growth of Egypt’s private sector, with a…

#working capital finance

Emirates Development Bank and Commercial Bank of Dubai forge...

Emirates Development Bank (EDB) and Commercial Bank of Dubai (CBD) have entered into a strategic partnership to enhance international trade…

#bank#guarantees#international

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