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UAE

e& enterprise acquires Beehive

UAE firm e& enterprise announced the signing of the agreement to acquire majority stake in the digital SME finance platform, Beehive.Founded in 2014, Beehive is a major finance player in the digital space in the UAE and has recently reached the milestone of...

#Beehive

ICC to hold 2nd edition of the Global Trade...

ICC UAE announces the 2nd edition of Global Trade Facilitation Summit 2023... (more…)

#emerging markets#exporters#risk


MODIFI enlarges partnership with DP World Trade Finance

In order to allow customers to perform multiple tasks from one platform, MODIFI, a global commerce platform has expanded its…

#DP World#MODIFI


United Arab Bank joins UAE Trade Connect to combat...

United Arab Bank (UAB) has announced that it has joined UAE Trade Connect (UTC) as an official member.UTC, the fintech…

#blockchain#digitalisation#Fraud Prevention


Emirates Islamic to streamline banking and digitise trade finance...

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched a global FinTech accelerator campaign in…

#digitalisation


CBUAE issues new guidance on AML/CFT

The Central Bank of the UAE (CBUAE) has issued a new guidance on anti-money laundering and combatting the... (more…)

#anti-money laundering#bank#digital


Standard Chartered launches the first sustainable SCF programme in...

Majid Al Futtaim Retail, operator of the Carrefour franchise in the Middle East, Africa and Asia, and Standard Chartered Bank…

#supply chain finance#sustainable finance


Knuru Capital to invest $30 into medical receivables financier

Venture investor firm Knuru Capital announces that it will be providing KLAIM with a $5m seed investment into an innovative…

#receivables


Mohammed Bin Rashid Fund supports UAE start-ups in partnership...

Established in 2017, the partnership between The Mohammed Bin Rashid Fund for Small and Medium Enterprises (the Fund) and Beehive,…

#Beehive


FAB and Coriolis partner to deliver sustainable SCF

First Abu Dhabi Bank (FAB), the UAE’s largest bank, has announced a partnership with Coriolis Technologies to provide sustainable supply…

#Coriolis Technologies#ESG#FAB


Siemens and Standard Chartered first RF deal in UAE

Standard Chartered Bank announced today the successful completion of the region’s first Receivables Financing Facility for Siemens in the UAE,…

#bank#conference#receivables financing


OneConnect to create digital SME funding platform in UAE

In order to help advance financial inclusion, enhance transparency and alleviate operational costs... (more…)

#OneConnect#supply chain finance

FAB partners with Silver Birch to deliver inventory financing

First Abu Dhabi Bank (FAB) on Monday announced its partnership with Silver Birch Finance Limited to offer inventory solutions to…

#First Abu Dhabi Bank#Inventory finance#payables

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