Issue 16 July / August 2012

Caroline Maginn, trade partner at CMM, looks at a positive picture in the KSA Trade finance and corporate banking are on the up in Saudi Arabia thanks to strong, double-digit growth in both imports and exports in the Kingdom and continued positive intermediation by Saudi banks in the trade flows. This is confirmed by Cash Management Matters (CMM), which as …

Discussions between 150 senior decision-makers in the international investment markets that focused on expanding economic links and boosting financial ties between Asia and the MENA region opened the inaugural Asia-Middle East Investment Summit in Singapore recently. Co-located with the 3rd Annual World Islamic Banking Conference:Asia Summit (WIBC Asia 2012), the event was inaugurated with a special welcome address by H …

Trade finance and treasury management in MENA is moving towards more sophistication. Syed-Kamran Zaidi, Deutsche Bank’s regional head of trade finance and cash management corporates, assesses the latest developments in the region There is no escaping the fact that these are uncertain times. The socio-political unrest in the Middle East combined with the ongoing turbulence in the global financial markets …

Corporate adoption of SWIFT has been a growing trend for many years, according to MARCUS HUGHES, director of business development, Bottomline Technologies The focus on SWIFT for corporates has been sharpened due to its new electronic invoicing (e-invoicing) initiative. Whilst there is general agreement on the payments and cash management benefits of joining SWIFT, adoption by corporates has generally been …