Tag Archives: MENA

Prosus Ventures backs Orbii with $3.6 million seed round to drive AI-powered SME lending in MENA

(IN BRIEF) Prosus Ventures has led a $3.6 million seed round in Orbii, an AI-powered embedded credit infrastructure platform that enables financial institutions and B2B platforms to launch SME lending products across MENA. The round, which also included VentureSouq, DASH … Read the full press release

Barclays Appoints Khaled El Dabag and Walid Mezher as Joint CEOs to Accelerate Middle East Growth

(IN BRIEF) Barclays has appointed Khaled El Dabag and Walid Mezher as Co-CEOs for its Middle East region, reporting to BBPLC President Stephen Dainton. El Dabag, with 25 years of investment banking experience in Dubai and New York, has led … Read the full press release

Barclays Appoints Paul Johnson as Head of Equities for Asia Pacific to Drive Growth and Expansion

(IN BRIEF) Barclays has appointed Paul Johnson as the new Head of Equities for Asia Pacific, where he will lead the bank’s equities business in the region, focusing on Equity Derivatives, Equity-linked Financing, Electronic Trading, and Prime Services. Johnson will … Read the full press release

Munich Re Revamps Leadership Structure to Strengthen Regional Underwriting in Asia Pacific & Africa

(IN BRIEF) Munich Re announces strategic changes to its leadership structure in Asia Pacific, Middle East & Africa (APAC MEA), aimed at bolstering its in-market Underwriting capabilities and refining its regional divisions. The revised setup will prioritize stronger local Underwriting … Read the full press release

Dutch development bank FMO invests in the SANAD Fund to support micro, small and medium enterprises in MENA

The Hague, 24-Jan-2017 — /EuropaWire/ — Dutch development bank FMO invests USD 15 million in the SANAD Fund for MSME to support small businesses in the Middle East and North Africa (MENA). The investment has been made through the MASSIF fund, … Read the full press release

Middle East and North Africa (MENA) SME Facility established to expand access to finance for small businesses

Amman, Jordan, 27-5-2013 — /europawire.eu/ — IFC, a member of the World Bank Group, the European Investment Bank (EIB), Agence Française de Développement (AFD), and the European Commission through the  Neighborhood Investment Facility (NIF) are working together to provide funding for … Read the full press release