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Banking & Finance

Mashreq launched ‘Supplier Finance’ program to provide SME’s easy access to cost-effective liquidity

MEA Finance - March 7, 2022 0

Mashreq have launched their ‘Supplier Finance’ program to facilitate easy access to working capital for SMEs in the region. The new initiative leverages the credit...

Banking & Finance

Saudi Arabia’s exports to hit almost USD354bn by 2030

MEA Finance - March 1, 2022 0

Future of Trade 2030: Trends and markets to watch – new research by Standard Chartered – projects that global exports will almost double from...

Banking & Finance

Commercial Bank of Dubai and Dubai Culture partners for smart banking solutions that meet the needs of Creative SMEs

MEA Finance - March 1, 2022 0

Dubai Culture and Arts Authority (Dubai Culture) signed a partnership agreement with Commercial Bank of Dubai (CBD) to enable owners of creative small and...

Banking & Finance

First Abu Dhabi Bank announces the sale of a 60% stake in Magnati to Brookfield Business Partners

MEA Finance - February 28, 2022 0

First Abu Dhabi Bank today announced that it has signed an agreement for the sale of a 60% stake in its payments business Magnati,...

Banking & Finance

Capital Bank of Jordan launches Blink neobank using Codebase Technologies Digibanc platform

MEA Finance - February 28, 2022 0

In March 2021, Capital Bank of Jordan partnered with Codebase Technologies to build Blink, the first digital-only neobank in Jordan. The project officially commenced...

Banking & Finance

Mashreq invests in NymCard as part of venture fund to support UAE FinTech ecosystem

MEA Finance - February 24, 2022 0

Mashreq has taken a stake in NymCard, the only Banking-as-a-Service provider in the Middle East, to help grow the booming FinTech ecosystem in the...

Banking & Finance

Emirates Development Bank and Dubai Islamic Bank sign MoU on credit guarantee for SMEs

MEA Finance - February 23, 2022 0

The Emirates Development Bank, a key financial enabler of the country’s economic diversification and industrial transformation agenda, and Dubai Islamic Bank – the largest...

Banking & Finance

‘Phenomenal’ pace of Middle Eastern reforms and new working week will see capital inflows surge in the UAE

MEA Finance - February 22, 2022 0

Economic reforms across the Middle East have set conditions for a surge of new liquidity into the region and a re-appraisal of prospects for...

Banking & Finance

GFH Financial Group launches GCC $100 million Sukuk Fund

MEA Finance - February 21, 2022 0

GFH Financial Group (GFH) has announced that is has launched and seeded a $100 million sukuk fund which holds a diversified portfolio of sukuk...

Banking & Finance

Standard Chartered Bank reports its highest operating profit since 2015 in the Africa and Middle East region.

MEA Finance - February 17, 2022 0

Standard Chartered PLC today released its financial results for the full year and fourth quarter ending 31 December 2021. See link here In the Africa...

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Banking & Finance

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Network International expands SME lending marketplace services with Wio Bank partnership

DIB strengthens global agri-financing with participation in landmark US$1.85 billion facility for Olam Agri