Tag: #Trade Finance
OFID allots $10 million to support food security in Egypt
The facility will assist in the import of vital food and agricultural commodities.
UAE’s Emirates NBD makes equity investment in Komgo
The equity investment was made by Emirates NBD’s Innovation Fund, the bank’s corporate venture fund.
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...
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...