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UAE

UAE Factoring Law: A framework to support a growing...

Federal Decree Law No (16) of 2021 (Factoring Law) was issued on 29 August 2021 and came into effect... (more…)

#factoring law#Trade Finance Market#trade receivables finance

Emirates Development Bank and Dubai Islamic Bank sign MoU...

The Emirates Development Bank (EDB), a key financial enabler of the country’s economic diversification and industrial transformation agenda, and Dubai…

#bank#guarantee#guarantees


UAE-based trade finance platform 360tf raises US$1.5m five months...

A UAE based trade finance platform, 360tf, has raised US$1.5m in new funds five months after going live. The portal connects banks…

#bank#interest rates#trade


Tradeteq opens new office in Dubai

Tradeteq, the leading technology provider for bank asset distribution, has selected... (more…)

#trade finance platform#Tradeteq


SCF provider launches real-time credit data API in collaboration...

Finverity, the mid-market supply chain finance (SCF) platform focused on emerging markets, announces the launch of its real-time monitoring credit…

#API#bank#emerging markets


UAE approves dedicated law for factoring and transfer of...

To strengthen economic, investment and commercial opportunities, the president of UAE... (more…)

#transfer of receivables


EDB & ADFD sign MoU to provide receivables financing,...

Emirates Development Bank [EDB] has signed a Memorandum of Understanding (MoU)... (more…)

#bank#exports#guarantees


ECI launches ‘UAE Trade Finance Gateway’

Etihad Credit Insurance (ECI), the UAE Federal export credit company, has signed a ... (more…)

#bank#exporters#exports


Coface publishes new report on UAE economy 

The UAE’s economy was hit by a double shock in 2020: the collapse in oil prices and ... (more…)

#COVID#COVID-19#global trade


Tradewind Finance provides US$5m trade finance facility to Dubai-based...

Tradewind Middle East, a specialised trade financier, has finalised a ... (more…)

#Tradewind Finance


ECI supports UAE exporters

In order to help local businesses boost their exports to different countries... (more…)

#ECI


Triterras acquires Dubai-based SCF provider

Triterras Inc. (Triterras), a leading fintech company for trade and trade finance, announced that it has... (more…)

#Invoice Bazaar#Triterras

Dubai government expands blockchain-powered KYC tool for financial institutions

The Department of Economic Development (DED) has partnered with the... (more…)

#blockchain

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