Among last week’s top stories, the Trade Finance Global International Trade Awards 2022, in cooperation with BAFT, announced that nominations are now open
AD Ports Group, one of the largest integrated ports, logistics, and industrial zone operators in the United Arab Emirates (UAE), has begun trading on the Abu Dhabi Securities Exchange (ADX).… read more →
British multinational bank Standard Chartered has announced the launch of Sustainable Account, a new solution that enables corporate clients to contribute to sustainable development while maintaining daily access to their… read more →
TFG’s editor, Deepesh Patel, interviewed Nasser Al-Thekair, general manager of trade and business development at the International Islamic Trade Finance Corporation (ITFC), to discuss the impact of COVID-19 on Islamic Finance.
Trade and economic activity are advancing at a rapid pace across the Middle East. How are governments across the region evolving and harnessing opportunities to enable high-speed economic activity?
UK Prime Minister Boris Johnson has announced a new £31 million clean growth loan from UK Export Finance to complete the construction of the headquarters of one of the UAE’s… read more →
Your morning coffee briefing from TFG. World trade’s recovery from the COVID-19 crisis hit a record high in the first quarter of 2021, increasing by 10% year-over-year and 4% quarter-over-quarter. WTO Director General calls for action on trade finance in low to middle-income countries.
The first estimates for the factoring industry worldwide in 2020 have been announced today by the FCI’s Peter Mulroy. Factoring declines were recorded in most regions except Asia Pacific.
Factoring, as an important method to extend credit, is a type of financial transaction where the creditor assigns its receivables to an assignee at a discount. In recent years, there has been a large growth of factoring transactions around the world.
Your Monday morning coffee briefing from TFG. The WTO is forecasting growth in global merchandise trade of 8.0% this year following a contraction of 5.3% in 2020.