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#Trade Finance

Afreximbank, Morocco ink MoU for $1billion trade programme

Afreximbank will cooperate with relevant Moroccan entities and economic operators to develop and deploy appropriate project structuring and financing solutions.

Emirates NBD makes equity investment in Komgo

The equity investment was made by Emirates NBD’s Innovation Fund, the banking group’s corporate venture fund.

NBF hosts knowledge-sharing platform and shares insights into trade finance trends

The National Bank of Fujairah (NBF) has hosted the latest in its long-running series of knowledge-sharing events. The event, which was attended by more...

Standard Chartered launches the region’s first Transition Trade Finance facility

Standard Chartered Bank announced today the successful closure of the region’s first transition trade finance facility for Lafarge Emirates Cement LLC, one of the...

Saudi Arabia’s exports to hit almost USD354bn by 2030

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

MODIFI acquires Seawise Capital’s trade finance and SaaS business in India

Global fintech MODIFI and Seawise Capital announced that MODIFI acquired Seawise Capital's trade finance and SaaS business in India. The transaction relates to the...

Digitising trade to unlock economic growth

Trade has always been central to economic growth in the Middle East. Located on the old Silk Road, the region has long held a...

HSBC facilitates global steel industry first with blockchain trade finance deal between UAE and India

HSBC has successfully executed a blockchain-enabled, live trade finance transaction between the UAE’s Universal Tubes & Plastic Industries Ltd. and India’s Tata Steel Ltd....

Mind the gap: What the growing trade gap means for UAE businesses

The year 2020 and the beginning of 2021 have been periods of almost unprecedented economic disruption. Ongoing market corrections, unexpected shocks and supply chain...

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