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HSBC Middle East has signed an agreement with the United Arab Emirates Ministry of Economy to provide financial support to the region s SMEs, a move which could promote factoring in the region. (more…)
#Boost#international#smes
Peter Ball, Regional Manager Factoring, HSBC Bank Middle East in the United Arab Emirates (UAE) talks to Factorscan about insolvency…
Director of Supply Chain and Open Accounts at Standard Chartered UAE, Krishnakumar Duraiswamy, has spoken of the difficult trade finance…
The Sharjah Chamber of Commerce and Industry (SCCI) is to liaise with banks to help SMEs cope with the economic…
Peter Ball, Regional Manager of Factoring for HSBC in the United Arab Emirates, talks to Factorscan about the make-up, development…
Abu Dhabi Commercial Bank announced the launch of three new loan products targeted at Small Medium Enterprises customers, further strengthening…
Specialist banks should be set up to finance small and medium enterprises (SMEs), say experts. (more…)
#bank#forum#guarantees
More than 200 prominent industrial leaders from across the globe will gather in Dubai today for the region's first International…
#forum#international#management
The Economic Zones World (EZW), announced an ambitious SME initiative to revitalise the industrial sector in the region. (more…)
Despite tight liquidity, some banks in the UAE are still lending to small and-medium scale enterprises. (more…)
#bank#business finance#cash management
Middle East customers are increasingly defaulting on payment, credit insurers warn. (more…)
Abu Dhabi-based Khalifa Fund will continue to inject funding into 100 new projects this year in the SME sector. (more…)
Many of the UAE's small businesses, considered to be the backbone of the economy, are facing acute shortage of financing…