First Abu Dhabi Bank (FAB) has established a strategic partnership with EDGE Group, a leading entity in advanced technology and defense. This collaboration focuses on two major financial initiatives: the implementation of FAB’s advanced Supply Chain Finance (SCF) solution and the deployment of its AI-powered Treasury Management System (TMS). Credit: Economy Middle East According to...
JINGDONG Logistics, also known as JD Logistics, has significantly expanded its operations in the Middle East and North Africa by establishing five warehouses in the region. The company has been working to grow its presence in the Middle East for several years, having launched its first self-operated warehouse at Jebel Ali Port in Dubai, UAE,...
Veefin Solutions, a well-known company that makes digital supply chain finance technology, has teamed up with Invest Bank, one of the best banks in the UAE. The goal of this partnership is to completely digitize Invest Bank’s Supply Chain Finance (SCF) services, swapping out the old paper-based methods for a more modern digital platform. Businesses...