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UAE

Shariah-compliant export credit gets boost under new agreement

Etihad Credit Insurance has signed an MoU with the Islamic Corporation for the Insurance of Investment and Export Credit to boost... (more…)

#Etihad Credit Insurance

Abu Dhabi Global Market launches regulatory framework for financing...

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, launched its framework to regulate operators... (more…)

#anti-money laundering#international#management


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

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