Tag: #SME Finance
Ahli United Bank – Egypt partners with USAID’s Business Egypt Program
The landmark initiative stands as a testament to Ahli United’s commitment to sustainable finance and sustainability
S&P Global affirms ‘AA’ ratings for UAE’s Emirates Development Bank
The upgrade reflects the improved clarity of the bank’s strategic mandate to enable economic development and industrial growth in the UAE
Egypt’s EFG Finance secures license for its new NBFI venture
The new venture is poised to complement EFG Finance’s core offering by catering to the financing needs of SMEs in Egypt
ICD, Banque Misr to provide $30 million SME finance
Since its inception, ICD has provided $315 million in financing to Egypt, supporting private sector companies, financing lines to banks and direct investments
AFS, Xpence partner to innovate SME finance in Bahrain
The alliance is poised to deliver unparalleled financial control and efficiency to Bahrain’s burgeoning SME sector
Al Baraka Bank Egypt, IFC partner to support SMEs
The multilateral bank’s $50 million Murabaha finance to Al Baraka Bank Egypt will allow the bank to increase financing to thousands of SMEs in the country.
Digital bank Wio partners with First Abu Dhabi Bank to facilitate deposits
State-backed digital bank Wio Bank said Monday that it has joined forces with First Abu Dhabi Bank (FAB) to offer business customers cash and...
Banque Misr gets $100 million loan from EBRD to boost green investments in SMEs
The European Bank for Reconstruction and Development (EBRD) has granted a $100 million loan to Banque Misr to lend to small and medium-sized enterprises...
Mashreq signs strategic MoU with Dubai South to support SMEs
Mashreq has entered into a strategic partnership with Dubai's largest single urban master development, Dubai South, with a remit to build banking and financial...
Emirates Development Bank, National Bank of Fujairah sign MoU on credit guarantee, co-lending for...
The Emirates Development Bank (EDB) announced the signing of a Memoradum of Understanding with National Bank of Fujairah (NBF)to offer credit guarantee and co-lending...