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In a major boost for UAE-based micro, small and medium enterprises (MSMEs), Emirates Development Bank (EDB) and RAKBANK have announced the launch of a co-financing partnership totalling AED 1bn (US$272m) to catalyse growth in national priority sectors. The landmark initiative...
#ADNEC Centre#Emirates Development Bank#Ministry of Industry and Advanced Technology
Beltone Holding (Beltone) announces that its wholly owned subsidiary, Beltone Leasing and Factoring, has successfully concluded its second securitisation issuance…
#Amir Ghannam#Attijariwafa bank#Banque du Caire
In a significant move to bolster international trade in North Africa, Union Bancaire pour le Commerce et l’Industrie (UBCI) has…
#French Development Agency#Proparco#UBCI
The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), has launched a new…
#Dubai Financial Services Authority#Dubai International Financial Centre#financial services
Finastra, a global provider of financial software applications, today announced that Mediterranean Bank, a provider of retail and corporate banking…
#EVO Digital Solutions Co.#Finastra#Islamic banking
Finastra today announced that the successful implementation of Finastra Kondor and cloud-based managed services provided by DXC Technology, a leading…
#Finastra#treasury solutions#Vision Bank
Mastercard announced its collaboration with CredibleX to integrate its Small Business Credit Analytics (SBCA) platform into CredibleX’s integrated financing offering.…
#CredibleX#Hassan Reda#Mastercard
Deem Finance LLC (Deem), a specialised finance provider regulated by the UAE Central Bank, has entered into a pioneering asset-backed…
#Ahmed Khizer Khan#Deem Finance#J.P. Morgan
Valu, MENA’s leading financial technology powerhouse, has completed its 14th securitised bond issuance, valued at EGP 463.3m (approx. U$9.4m), in…
#MENA#receivables securitisation#Valu
The Saudi Export-Import Bank (Saudi EXIM) has signed three reinsurance agreements with Allianz Trade, Bpifrance, and American International Group (AIG).…
#AIG#Allianz Trade#Bpifrance
IFC and Attijariwafa bank Egypt (AWB Egypt) announced a partnership to bolster the Bank’s capital position and help it deliver…
#Attijariwafa bank#IFC#sme finance
Flow48, a fintech company specialised in invoice and revenue finance for SMEs located in emerging markets, has successfully closed a…
#fintech#Flow48#sme finance
RAKBANK, one of the UAE's oldest banks, has announced a strategic partnership with Faturalab, a leading Turkey’s provider of smart…
#Faturalab#Rakbank#supply chain finance