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UAE

Default rate among UAE SMEs drops significantly

Defaults among small and medium enterprises (SMEs) in the UAE have gone substantially lower... (more…)

#bank#guarantee#guarantee scheme

UAE regulator to launch SME financing platform

The UAE’s Securities and Commodities Authority (SCA) has announced plans to launch a platform to finance small and medium enterprises…

#SME financing


Dubai-based SCF platform invests in documentation exchange solution

...a fintech supply chain finance platform with a presence across Asia, has announced an undisclosed... (more…)

#exporters#invoice#Maersk


UAE bankers see “huge demand” for Islamic trade finance,...

The Islamic finance sector will continue to show strong growth in 2018, according to a new Moody’s report, with trade…

#bank#financial services#international


Noor Bank in UAE gains membership to FCI

This significant membership will enable Noor Bank to leverage the FCI network in more than 90 countries to offer export…

#bank#international#receivables


Abu Dhabi’s ADGM publishes proposed regulatory framework for alternative...

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) today published a discussion paper setting out its…

#alternative financing#financial services#platforms


Dubai invoice finance fintech buys minority stake in partner...

Dubai-based fintech start-up ... has bought a minority stake for an undisclosed amount in its Mumbai-based partner... (more…)

#banks#invoice#Invoice Bazaar


Tawreeq Holdings awarded “Best SME Supply Chain Finance Solutions...

Tawreeq Holdings, a comprehensive Supply Chain Finance (SCF) solutions provider for Small and Medium-size Enterprises (SMEs) and their corporate clients,…

#insolvency#international#platforms


UAE bank allocates US$272m for SME financing

Obaid Al Tayer, the Minister of State for Financial Affairs and chairman of Emirates Development Bank, said SMEs are the…

#SME lending


UAE Ministry of Finance approves first purchase invoice with...

The federal financial system has been updated and is ready to manage all VAT-related financial transactions... (more…)

#invoice#management#purchase order


UAE DS-Concept provides US$5 million export factoring facility

DS-Concept has funded an Indian textile titan with an export factoring facility in the amount of US$5 million... (more…)

#interest rates#international#International Trade


UAE Central Bank looks to private equity to plug...

The governor of the Central Bank of the UAE wants private equity firms to help fill the void left by…

#bank#forum#invoice

Dubai-based fintech company raises US$5m

...a Dubai-based fintech supply chain finance platform, has raised US$5 million funding from UK’s financial services bank... (more…)

#bank#financial services#invoice

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