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In a major boost for UAE-based micro, small and medium enterprises (MSMEs), Emirates Development Bank (EDB) and RAKBANK have announced the launch of a co-financing partnership totalling AED 1bn (US$272m) to catalyse growth in national priority sectors. The landmark initiative...
#ADNEC Centre#Emirates Development Bank#Ministry of Industry and Advanced Technology
RAKBANK, one of the UAE's oldest banks, has announced a strategic partnership with Faturalab, a leading Turkey’s provider of smart…
#Faturalab#Rakbank#supply chain finance
Newgen Software, a global provider of low code digital transformation platform, announced that RAKBANK, a leading financial institution in the…
#digitalisation#digitisation#Newgen Software
RAKBANK and Abu Dhabi Global Market (ADGM), the international financial centre of the capital of the UAE, have signed a…
#Rakbank#supply chain finance
The National Bank of Ras Al Khaimah (RAKBANK) has announced the renewal of its partnership with... (more…)
#Invoice Bazaar#Rakbank
RAKBANK has announced the arrangement of a AED 125m (US$34m) credit facility to... (more…)
#bank#commercial finance#commercial financing
Dubai SME, the agency of the Department of Economic Development (DED) in Dubai, has led efforts to develop the SME…
#interest#interest rates#memorandum of understanding