Category: Uncategorized
Estimated reading time: 6 minutes Read the magazine Fire tests gold, adversity tests adaptability. Trade finance finds itself at a crossroads; a vast and multi-faceted sector, it is an industry that continues to participate in extremely archaic processes. For many, it can feel as if the ecosystem is in a constant tug-of-war between technological advancement […]
First Abu Dhabi Bank (FAB), the UAE’s largest bank and a global financial powerhouse, strengthens its trade product offerings by introducing the Supply Chain Finance (SCF) programme in KSA, expanding its influence in the region. Alfanar, as the inaugural local client, gains access to FAB’s on-ground SCF capabilities, marking a significant milestone in their collaboration. […]
Estimated reading time: 3 minutes The Electronic Trade Documents Act (ETDA) is soon to be granted Royal Assent and will be implemented two months thereafter. This Act is the result of years of dedicated effort by numerous individuals and industry organisations. Once in effect, the Act will legally recognise certain electronic trade and trade finance […]
Digital trade finance platform Contour has announced its closure, citing insufficient funding from its bank shareholders. Operations will cease on November 30, leaving users a brief window to complete transactions and download essential data. This development was first reported by Global Trade Review (GTR). Contour was launched in 2020 by a group of leading banks, […]
2024 ICC Trade Register report reaffirms low risk nature of trade finance assets, despite a slowdown of global trade volumes in 2023. Receivables finance is outpacing traditional documentary trade products, marking a shift towards open account trade and flexible working capital solutions. The report highlights a notable shift towards trade in regional blocs, particularly growth […]
Estimated reading time: 3 minutes Trade finance holds significant potential as an asset class. This is being recognised by private credit providers, who are now seeking to finance SME working capital. The use of private credit in trade finance is also growing in popularity, particularly as traditional banks face increasing regulatory constraints, such as those […]
رئیس شورای تامین کنندگان دام از واردات و توزیع روزانه ۲۰۰ تا ۲۵۰ تن گوشت گرم تنظیم بازار خبر داد.
