Friday 25 May 2018
 
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finance

Trade finance digitisation grows, but results slow

More than 60 per cent of banks have implemented or are in the process of implementing technology solutions to digitalise their trade finance operations, according to a new study.    However, only 9 per cent

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Trade finance digitisation grows, but results slow

More than 60 per cent of banks have implemented or are in the process of implementing technology solutions to digitalise their trade finance operations, according to a new study.    However, only 9 per cent

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DAE signs landmark financing deal

Dubai Aerospace Enterprise (DAE) has signed a landmark unsecured four-year revolving credit facility with an initial commitment of $480 million and an accordion feature that allows the facility to be increased to $800 million at any time after t

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DAE signs landmark financing deal

Dubai Aerospace Enterprise (DAE) has signed a landmark unsecured four-year revolving credit facility with an initial commitment of $480 million and an accordion feature that allows the facility to be increased to $800 million at any time after t

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Key GCC financial talks set in Kuwait

Key GCC financial talks set in Kuwait Top government representatives from across the GCC will participate at the 107th Meeting of the GCC Financial and Economic Committee, being held in Kuwait, tomorrow (May 14), which is being ho

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Saudi Arabia witnessing 'major economic transformation'

Saudi Arabia is witnessing a 'major economic transformation, said senior delegates at the 13th edition of Euromoney Saudi Arabia Conference which opened in capital Riyadh. More than 1,700 delegates and scores of influential speakers

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Embraer announces new executive VP-finance

Brazilian aerospace conglomerate Embraer has appointed Nelson Krahenbuhl Salgado as its new executive VP - finance and investor relations, replacing José Antonio de Almeida Filippo, who recently resigned from the position.  

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DIFC, Middle East Venture Partners ink strategic deal

Dubai International Financial Centre (DIFC) has signed a Memorandum of Understanding (MoU) with Middle East Venture Partners (MEVP) to facilitate the exchange of information on the latest trends in the finance industry, with a focus on the FinTe

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Emirates NBD's Liv. unveils new 'Bill Split' feature

Liv., the lifestyle digital bank by Emirates NBD, today announced two new features within its mobile app, allowing customers to instantly split bills with friends and family, and tag their expenses according to personalised categories.

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Tamkeen, KHCB back SMEs with $79.5m finance portfolio

The Labour Fund Tamkeen and Khaleeji Commercial Bank (KHCB) have signed a partnership agreement to manage a financing portfolio worth BD30 million ($79.5 million) as part of Tamkeen’s Business Development “Tamweel+” Scheme.

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