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UAE

Khalifa Fund gives Dh40m to small firms

The Khalifa Fund for supporting SMEs announced that the total value of funding in the past six months reached Dh40m. (more…)

#funding#smes

DEDC to implement exporter credit insurance scheme

The Dubai Export Development Corporation will implement a credit insurance scheme for exporters within the next few months. (more…)

#awards#exporters#financial services


MENA Factors first in factoring and forfaiting at DIFC

National Bank of Dubai and FIMBank plc have announced that MENA Factors Limited, a joint venture between the two banks,…

#bank#exporters#financial services


Banks in UAE put curbs on Iranian trade finance

UAE-based banks, both local and foreign, have mostly stopped issuing letters of credit (LCs) for trade finance. (more…)


Emirates NBD named best trade finance provider

Emirates Bank, was named best trade finance provider in the UAE for 2007 by Global Finance Magazine. (more…)

#awards#bank#international


Euler announces new head of commercial for the Gulf

Euler Hermes opened its first Middle East office in Dubai four months ago in conjunction with local partner, Alliance Insurance.…


Dubai exporters to focus on GCC, regional markets

Saed Al Awadi, CEO, Dubai Export and Development Corporation (DEDC) explained that one of the goals of the DEDC is…

#exporters#exports#international


DEDC to provide credit insurance to exporters

Dubai Export Development Corporation (DEDC) aim to have initial systems for its five-year goals by early next year, including the…


Standard Chartered launches SME Express Trade in UAE

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


IDB unit sets US$225m capitalisation target to expand offering

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 expands interest in Middle East

Euler Hermes has an expanded interest in the Middle East in the IT channel business where it has won over…

#bad debts#bank#banks


Euler Hermes opens Dubai office

Trade credit insurer Euler Hermes, a subsidiary of AGF and a member of the Allianz Group, has opened an office…

#Allianz#insurance#trade

TDME boosted by credit insurance agreement

TDME s growth strategy has received a clear endorsement from credit insurer Euler Hermes, which has agreed to provide the…

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