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MENA

MFC bullish on factoring services

Muscat Finance Company is bullish on the domestic leasing and finance industry and the factoring services growth prospects. (more…)

#debt collection#guarantees#invoice

Labor Fund and Shamil Bank launch SME financing scheme

The Labor Fund and Shamil Bank have announced the launch of a financing scheme for SMEs to enhance their productivity. (more…)


Plainfield increases Gadish provident funds stake

Plainfield Asset Management LLC is expanding its holding in Gadish Global Ltd., by negotiating to buy the holding of Psagot…

#asset management#bank#management


Isracard looks to enter factoring market

 Isracard is rumoured to be entering the factoring business via an acquisition. (more…)

#acquisition#global factoring


Labour Fund and Shamil Bank launch low-profit lending scheme

The first batch of small-and medium-sized enterprises (SMEs) in the Bahrain Kingdom received a BD12.5m as the Labour Fund and…


Standard Chartered launches SME Express Trade in UAE

Standard Chartered has taken another step in its aim to increase services to SMEs with the introduction of its new financial…

#bank#international#International Trade


IDB unit sets US$225m capitalisation target to expand offering

The board of directors of the Islamic Corporation for the Insurance of Investment and Export Credit voted to increase the organisation's current…


D&B Israel reports an increase in late payers in...

D&B Israel reports that the number of companies paying late rose in June. (more…)

#banks#economy#Paid


ABN AMRO, Saudi Hollandi Bank and Atradius DSB close...

ABN AMRO, Saudi Hollandi Bank and Atradius use a new innovative structure to finance the purchase, by HUTA, of a…

#ABN AMRO#Atradius#bank


Euler Hermes expands interest in Middle East

Euler Hermes has an expanded interest in the Middle East in the IT channel business where it has won over…

#bad debts#bank#banks


Ampa Capital, Leumi Card launch small business card

The program will provide additional credit for companies with annual sales of up to NIS 30m. Ampa capital Ltd. and…

#bank#Bank Leumi#Leumi


Euler Hermes opens Dubai office

Trade credit insurer Euler Hermes, a subsidiary of AGF and a member of the Allianz Group, has opened an office…

#Allianz#insurance#trade

Factoring company Peninsula fails to float

It's spring in the primary market and more than 20 companies are lining up to tap your wallet in May.…

#banks#bonds#Bridge

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