Al Masraf (The Arab Bank for Investment and Foreign Trade) has signed an agreement with Finneva Information Technologies LLC (Finneva) to introduce innovative Supply Chain Finance solutions for Small & Medium Enterprises (SMEs) in the UAE. This move will enhance financial access for businesses across key sectors in the UAE by improving cash flow, optimizing working capital and fostering sustainable growth.
The agreement was signed by Fuad Mohamed, CEO of Al Masraf, and Anthony Manning, GM and Executive Director of Finneva, on the sidelines of the Global Trade Review MENA 2025.
Through this partnership, Al Masraf and Finneva will introduce a suite of Supply Chain Finance products, leveraging the financial strength of anchor corporations to provide liquidity and risk mitigation for SMEs. Finneva, a DIFC-registered company specializing in financial services, is dedicated to increasing financial inclusion and improving access to finance in a structured and specialized manner across markets in the MENA region. These solutions include payables finance, allowing buyers to optimize their working capital whilst securing payment at lower costs, and receivables finance, enabling suppliers to access quicker payments based on buyer credit worthiness.
On this occasion, Fuad Mohamed, CEO, Al Masraf said, “This collaboration with Finneva marks a pivotal moment in our ongoing efforts to redefine financial support for SMEs, offering them not just solutions, but strategic tools that drive efficiency, enhance liquidity, and empower sustainable growth. By leveraging innovative, digitized financial solutions, we aim to unlock new avenues of growth, ensuring that SMEs remain resilient, competitive, and equipped to navigate the challenges of a rapidly evolving business environment. Through this collaboration, we are reinforcing our commitment to the UAE’s vision of elevating SMEs as a cornerstone of the national economy.”
