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Tag: #TradeFinance

Absa establishes DIFC presence to connect Gulf capital with Africa

Absa Group has opened a new office in Dubai International Financial Centre (DIFC), strengthening its ability to support trade and investment flows between the...

ECI, with FAB, Natixis CIB and HSBC, expands support for Trafigura’s UAE commodity exports

Etihad Credit Insurance (ECI), the UAE Federal export credit company, in collaboration with Natixis Corporate & Investment Banking (Natixis CIB), First Abu Dhabi Bank...

Commercial Bank of Dubai becomes first bank outside Europe to join the CBMT network

Commercial Bank of Dubai announced that it has joined the Commercial Bank Money Token (CBMT) initiative, the first bank from outside Europe to join...

Standard Chartered: “UAE ranks first globally for planned investment in digital supply chain finance”

Standard Chartered announced the findings of its latest Future of Trade report, titled ‘Navigating an Age of Structural Uncertainty’, which ranks the United Arab...

Vision Bank launches SME financing to support cross-border trade

Vision Bank, the Abu Dhabi Global Markets (ADGM)-headquartered Islamic bank founded and wholly owned by GII Group, has announced the launch of its SME...

BACB announces Damian Austin as new Chief Executive

British Arab Commercial Bank, the London-headquartered trade finance bank for specialist markets, has named experienced banker Damian Austin its new Chief Executive Officer. Austin, who...

RAKBANK strengthens support for UAE SMEs with expanded financing, relief measures and growth incentives

RAKBANK reaffirmed its long-standing commitment to the UAE’s SME sector, announcing a series of measures aimed at strengthening business resilience, maintaining credit flow and...