FCI has combined efforts to bring you two industry-leading webinars, one in collaboration with Global Trade Review (GTR) and one with the IFC, with the support of the UAE Ministry of Finance. Both of these webinars are designed to promote factoring and receivables finance for the MENA region but with a strong focus on both the United Arab Emirates and Saudi Arabia.
On 6 October, in collaboration with Global Trade Review (GTR), FCI and FCI Academy will be hosting the Factoring and Receivables Finance Training Webinar. This online training will investigate how companies can use factoring as an alternative tool for financing both SMEs and Big Corporates to boost the potential of trade finance for banks and NBFIs. FCI trainers and industry experts from the region and abroad will explain the operational system, benefits, and opportunities of the product as well as the legal and regulatory framework for factoring. The webinar will take place after the GTR Saudi Arabia event.
On 7 October, both FCI and the IFC will be hosting the webinar for factoring and receivables finance, supported by the UAE Ministry of Finance. The objective of the conference is to discuss various aspects of factoring as an alternative tool for financing and its relevance for the UAE. Global and regional industry experts will explain the legal and regulatory framework for factoring in the UAE, present the new Emirates Development Bank’s National Supply Chain Finance Program and highlight challenges and the latest developments in the global and UAE's factoring industries.
All participants are expected to actively participate in the session by using the various interactive tools of the webinar platform and each day will end with an interactive Q&A session to answer all attendees questions. Both of these events are free of charge. With a dip of -4.2% in total factoring volume for the Middle East between 2019 and 2020, it is only right that FCI highlights the region to boost investment and focus in the factoring industry for our members and non-members in the Middle East.