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UAE-based banks, both local and foreign, have mostly stopped issuing letters of credit (LCs) for trade finance. (more…)
Emirates Bank, was named best trade finance provider in the UAE for 2007 by Global Finance Magazine. (more…)
#awards#bank#international
Euler Hermes opened its first Middle East office in Dubai four months ago in conjunction with local partner, Alliance Insurance.…
Saed Al Awadi, CEO, Dubai Export and Development Corporation (DEDC) explained that one of the goals of the DEDC is…
#exporters#exports#international
Dubai Export Development Corporation (DEDC) aim to have initial systems for its five-year goals by early next year, including the…
Standard Chartered has taken another step in its aim to increase services to SMEs with the introduction of its new financial…
#bank#international#International Trade
The board of directors of the Islamic Corporation for the Insurance of Investment and Export Credit voted to increase the organisation's current…
Euler Hermes has an expanded interest in the Middle East in the IT channel business where it has won over…
#bad debts#bank#banks
Trade credit insurer Euler Hermes, a subsidiary of AGF and a member of the Allianz Group, has opened an office…
#Allianz#insurance#trade
TDME s growth strategy has received a clear endorsement from credit insurer Euler Hermes, which has agreed to provide the…
The Emirates Bank has been named the United Arab Emirates' (UAE) Best Trade Finance Provider 2007 by Global Finance magazine,…
#bank#cash management#international
The prestigious award will be presented at this year's Annual meeting of the IMF World Bank being held at Washington.…
The lack of an effective payment settlement system is causing a massive pile up of bad debt in the market, forcing…