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UAE

Numou and Abhi join forces to accelerate SME access...

Numou, the SME development platform operating under ADGM, has formed a strategic alliance with Abhi, a fast-growing regional neo bank, to advance the availability of embedded finance and working capital solutions for small and medium-sized enterprises. The collaboration is designed...

#Abhi#embedded finance#Numou

Network International expands digital lending marketplace services with CredibleX

Network International (Network), a leading fintech company in the Middle East and Africa, has announced a strategic partnership with CredibleX,…

#CredibleX#Network International


Etihad Credit Insurance strengthens UAE–China economic partnership

Etihad Credit Insurance (ECI), the UAE’s federal export credit company, engaged with key stakeholders and participated in strategic discussions during…

#Etihad Credit Insurance#Sinosure#supply chains


ADNOC partners with Comera Financial Holdings to provide PO...

ADNOC has signed a strategic partnership with Comera Financial Holdings to enhance financial access for ADNOC’s UAE-based small and medium…

#ADNOC#Comera Financial Holdings#purchase order finance


Dubai Chambers and EDB partner to expand SME and...

Dubai Chambers has signed a Memorandum of Understanding (MoU) with Emirates Development Bank (EDB) to expand financing opportunities and strengthen…

#Dubai Chambers#EDB#financial services


RAKBANK partners with Faturalab to boost SCF in UAE

RAKBANK has entered a strategic partnership with Faturalab, a leading provider of smart supply chain finance (SCF) solutions, to streamline…

#Faturalab#Rakbank#supply chain finance


Beehive and Themar to strengthen SME financing in Saudi...

Beehive, the Middle East’s pioneering digital SME lending platform, has signed a non-binding offer letter with Themar, a licensed crowdfunding…

#Beehive#SME financing#Themar


CredibleX secures US$100m funding facility from Pollen Street Capital

CredibleX, a fast-growing embedded finance provider in the UAE, has secured a US$100m credit facility from US-based private credit firm…

#CredibleX#embedded finance#Pollen Street Capital


IHC completes acquisition and rebrand of eFunder to Zelo

International Holding Company (IHC) has finalised the acquisition of eFunder, a UAE-based private financing platform for small and medium-sized enterprises…

#Abu Dhabi Global Market#financial services#Financial Services Regulatory Authority


ECI announces AED 174m for SME growth in partnership...

Etihad Credit Insurance (ECI), the UAE’s federal export credit company, recently celebrated the achievements of its flagship initiative, the 'Xport…

#Ajman Bank#Al Maryah Community Bank#Commercial Bank of Dubai


EDB and RAKBANK unveil landmark AED 1bn MSME fund

In a major boost for UAE-based micro, small and medium enterprises (MSMEs), Emirates Development Bank (EDB) and RAKBANK have announced…

#ADNEC Centre#Emirates Development Bank#Ministry of Industry and Advanced Technology


DFSA launches innovation testing licence explainer guide to boost...

The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (DIFC), has launched a new…

#Dubai Financial Services Authority#Dubai International Financial Centre#financial services

Mastercard partners with CredibleX to enable SMEs to access...

Mastercard announced its collaboration with CredibleX to integrate its Small Business Credit Analytics (SBCA) platform into CredibleX’s integrated financing offering.…

#CredibleX#Hassan Reda#Mastercard

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