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UAE

EDC launches financial assistance scheme to help SMEs boost...

The Dubai Export Development Corporation (EDC), an agency of the Government of Dubai s Department of Economic Development, has launched a new Export Assistance Program to (more…)

#exporters#exports#international

Abraaj Capital receives US support for SME funding

UAE private equity group Abraaj Capital has received $150m investment in its small business fund from US trade promotion agency…


HSBC allocates US$100 million to meet strong demand for...

Almost all of HSBC s US$100 million (Dh367.2m) fund to support small businesses in the UAE has been allocated amid…


Doha Bank to launch SME support packages

Doha Bank branch in the UAE on Tuesday announced the introduction of a new financing package for small and medium-sized…


SME finance sector could face significant competition from Islamic...

According to Moinuddin Malim, CEO of Mashreq Al Islami, Islamic finance could see growth in the SME commercial finance and…

#cash-flow#commercial finance#i


Emcredit and ECIE sign agreement to support UAE export...

Dubai s official credit information agency Emcredit has signed a Memorandum of Understanding with the Export Credit Insurance Company of…

#export credit insurance#exports#liquidity


HSBC Middle East signs UAE Memorandum of Understanding

HSBC Middle East has signed an agreement with the United Arab Emirates Ministry of Economy to provide financial support to…

#Boost#international#smes


Challenges in the Emirates

Peter Ball, Regional Manager Factoring, HSBC Bank Middle East in the United Arab Emirates (UAE) talks to Factorscan about insolvency…


Strong legal framework needed to address trade finance difficulty

Director of Supply Chain and Open Accounts at Standard Chartered UAE, Krishnakumar Duraiswamy, has spoken of the difficult trade finance…


SCCI launch initiative to help SMEs

The Sharjah Chamber of Commerce and Industry (SCCI) is to liaise with banks to help SMEs cope with the economic…


Factoring in the United Arab Emirates

Peter Ball, Regional Manager of Factoring for HSBC in the United Arab Emirates, talks to Factorscan about the make-up, development…


ADCB extends SME offering

Abu Dhabi Commercial Bank announced the launch of three new loan products targeted at Small Medium Enterprises customers, further strengthening…

SME-focused banks to be established

Specialist banks should be set up to finance small and medium enterprises (SMEs), say experts. (more…)

#bank#forum#guarantees

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