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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…
Mashreqbank said yesterday it would offer small business-owner loans that are currently provided by its subsidiary Osool (more…)
Businessmen in Dubai lauded the Dubai Government for setting up a credit insurance facility that seeks to protect UAE-based exporters…
Dubai Bank, a Dubai Group company, has announced its successful implementation of Trade Innovation, a new automated Trade Finance System.…
Islamic Finance Company (IFC) announced the commencement of full scale shariah compliant financing solutions for SMEs (more…)
Union National Bank (UNB), one of the UAE's leading banks, has announced the launch of a new product that offers…
The Islamic Corporation for Insurance of Investment and Export Credit (ICIEC), a member of the Islamic Development Bank (IDB) Group,…
#bank#ECI#export credit insurance
The Khalifa Fund for SMEs is working on the establishment of a new venture capital fund. (more…)
#Boost#interest#interest rate
The Khalifa Fund for supporting SMEs announced that the total value of funding in the past six months reached Dh40m.…
#funding#smes
The Dubai Export Development Corporation will implement a credit insurance scheme for exporters within the next few months. (more…)
#awards#exporters#financial services
National Bank of Dubai and FIMBank plc have announced that MENA Factors Limited, a joint venture between the two banks,…
#bank#exporters#financial services
UAE-based banks, both local and foreign, have mostly stopped issuing letters of credit (LCs) for trade finance. (more…)