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Tradewind Finance provides USD 5mln trade finance facility to Dubai-based printing services company

Tradewind Finance provides USD 5mln trade finance facility to Dubai-based printing services company
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

United Arab Emirates , Tradewind Middle East , ஒன்றுபட்டது அரபு அமீரகங்கள் , வர்த்தக நடுத்தர கிழக்கு ,

NCC Bank partners with Tradewind Finance to serve growing export market

25 May 2021 Business Desk :NCC Bank Ltd has signed a Memorandum of Understanding (MoU) with Tradewind Finance GmbH, a Germany based company, for facilitating business of Bangladeshi exporters recently. Under this agreement, export clients of the NCC Bank will be able to meet their present and immediate cash needs at an affordable cost by discounting their future receivable export proceeds. Mohammad Mamdudur Rashid, Managing Director & CEO of the. ....

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What the growing trade gap means for UAE businesses


What the growing trade gap means for UAE businesses
DUBAI, 23 days
ago
Ongoing market corrections, unexpected shocks and supply chain disruptions, and a marked liquidity crunch caused by the Covid-19 pandemic clearly mean that trade will be very different going forward.
 
The banking sector has not been spared from these economic shocks with banks around the world facing significant challenges in terms of liquidity and profitability. Regionally, several banks have shown variability, exacerbated by high-profile defaults and supply chain instability.
 
One of the pandemic’s most significant impacts on the economic environment is that it created a growing trade finance gap – which refers to financing for trade in the form of letters of credit (LOC), guarantees or insurance provided by an intermediary. Before Covid-19, the world’s trade finance gap stood at $1.5 trillion, according to the Asian Development Bank (ADB) and International Chamber ....

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UAE-Israel deal to unlock massive business avenues


UAE-Israel deal to unlock massive business avenues
26 Jan 2021
Picture used for illustrative purpose only.
Last year in September, history was made as a peace deal was brokered involving the UAE and Israel. Known as The Abraham Accords, the new treaty represents a significant geopolitical statement, which economic experts predict could result in USD 4 billion of worth of additional trade.
The new relationship includes a $3 billion investment fund to facilitate bi-lateral trade. As well as symbolizing renewed peace, prosperity, order and security, the move also brings greater stability to the region, with significant opportunities for bi-lateral trade across multiple sectors expected to follow. ....

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