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MENA

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 Shamil Bank, Bahrain, announced the launch of low-profit loans carrying 4 per cent profits per annum. However, the fund will contribute...

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


TDME boosted by credit insurance agreement

TDME s growth strategy has received a clear endorsement from credit insurer Euler Hermes, which has agreed to provide the…


Israel 2006-2007 – increased profile of factoring is developing...

Factoring in Israel is expected to continue to grow at a significant rate. In turn, the improvement in macro economic…


SMEs to get more goverment support

Qatar's SMEs face a major challenge in making the best use of the State's massive GDP growth and investment capacity to…

#bank#conference#international

IFC plans major lines of credit for war-damaged firms

Companies damaged by the summer 2006 war with Israel will inch closer to millions of dollars in loans on Monday,…

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