Finance services

IFSCA publishes framework for establishing international trade finance services platform

The International Financial Services Centers Authority (IFSCA) on Monday released a framework for the establishment and operation of the International Trade Finance Services Platform (ITFS). The platform will provide trade finance services in International Financial Services Centers (IFSCs). The full text of the framework can be found on the IFSCA website. The International Financial Services […]

Finance services

Egypt exempts consumer credit services from VAT

The Financial Regulatory Authority (FRA) and the Egyptian Tax Authority have agreed to exempt consumer financial services from value added tax (VAT), according to FRA vice president Islam Azzam. Services included in the VAT exemption included those provided by businesses or consumer finance providers. The move is part of the Egyptian government’s efforts to overcome […]

Finance services

AppDirect Launches AppCapital Suite of Digital Finance Services

Content of the article Innovative financial solutions allow technology traders to easily access finance to enable faster business growth SAN FRANCISCO – AppDirect®, the leading subscription-based commerce platform company, today announced the launch of AppCapital, an innovative digital financial services suite that provides technology merchants with recurring revenue models with options flexible financing to accelerate […]

Finance services

AMM Finance Services allegedly stole 6.5 million dinars

Muhammed A. Jallow, director of operations, AMM, Finance Services and Bureau De Change Ltd., said he was robbed in Sukuta as he attempted to deposit the money at his brother’s home by armed men in cloth of black with face masks. He added that as he parked his car in front of his brother’s gate […]

Finance services

Solution overview (trade finance services for small businesses)

One of the biggest challenges for small and medium-sized business enterprises globally has been the lack of access to the kind of financial services readily offered by banks to multinationals. Today, businesses of any size can think and trade globally, but the services to support them may not be available through their bank. A $ […]