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Israel Land Development Company (ILDC), owned by the Nimrodi family, announced the completion of the deal, adding that its net profit from the deal will amount to only (more…)
#insurance#investments#Two
United Gulf Bank and the Arab Trade Financing Program (ATFP) have signed an agreement to encourage financing of Arab trade.…
#bank#exporters#financial institution
BankMuscat International (BMI) has announced the launch of a new business division in Bahrain designed exclusively to cater to the…
The Israeli factoring industry could be nearing the crucial euro 1bn (5.56ILS) mark in terms of total factored volumes, say market…
#bank#factoring industry#GDP
Bahrain-based Venture Capital Bank (VCB) has launched a US$250m fund that will target small- and medium-sized enterprises (SMEs) in the…
#bank#compliance#emerging markets
Israel Land Development Company, controlled by the Nimrodi family, has completed its departure from the insurance industry, selling its 57.5%…
'Factoring, without any question, took this company on to the next level..." (more…)
The National General Insurance Co. PSC (NGI), in partnership with Coface, has launched a new product: Credit Insurance. According to…
#bank#guarantees#insolvency
Emirates Bank, which introduced factoring services a year ago, has now launched insurance backed factoring to provide credit protection and…
#bank#credit protection#international
The Israeli factoring industry experienced an exceptional year in 2005, especially market leader Clal Factoring Ltd. Overall factoring volumes in…
Vijay Vashist, head of factoring services at Emirates Bank , says factoring in the UAE has a rosy future despite…
#bank#international#management
HSBC Qatar will soon launch factoring services that assist businesses with financing against their outstanding invoices for both domestic and…
#bank#international#invoice
The event was organised by HSBC Bank Middle East to promote its factoring services, which were launched by HSBC Bahrain…