UAE

DS-Concept Intelligent Trade Finance Limited (DS-Concept Factoring UAE) has been granted a Category-2 license by the Dubai Financial Services Authority (DFSA)

Gulf Finance has announced that it has launched a business deposit solution for SMEs that’s aimed at providing better returns. The new business deposit initiative will enable clients to hold on to money that’s often lost in interest fees that come with deposit accounts that don’t always pay out to their full potential

Beehive, the UAE's online marketplace for peer-to-peer finance, has announced it has facilitated over AED12m (USD3m) in finance for more than 25 small and medium-sized enterprises (SMEs) in the UAE since its launch in November 2014

Supply chain finance offering to be provided in conjunction with Visa corporate purchasing card

Abu Dhabi bank to provide credit insurance and trade receivables management to clients as part of deal

Agreement marks the bank's first Abu Dhabi SCF partnership

Beehive announces receivables product for UAE small businesses

Alternative financier purchases cloud-based receivables service Cashnomix for Middle East expansion

New supply chain finance product aiming to address working capital shortfall for MENA SMEs

Noor Bank event looked at trade funding solution from Islamic finance perspective