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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 investment arm of the World Bank. The IFC, alongside an affiliated fund, is suing Bank Audi in the UK for...

#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


FABMISR and Cayesh team up to forward SCF in...

First Abu Dhabi Bank Misr (FABMISR), a prominent financial institution in Egypt, has entered into a strategic partnership with Cayesh,…

#supply chain finance#working capital


Howden, Allianz Trade, and Saudi EXIM join forces to...

Howden, Allianz Trade, and Saudi EXIM Bank have signed an Initial Framework Agreement to boost Saudi Arabia's economic growth and…

#Allianz Trade


EBRD and EU support SMEs in Lebanon with new...

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are bolstering their support for Lebanon’s private sector with a…

#bank#digital#international

Comera and Beltone partner to drive digital transformation in...

Comera Financial Holding (Comera), an Abu Dhabi-based conglomerate with a portfolio spanning technology, fintech, and services, has entered into a…

#digitisation#supply chain finance

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