Her financial services company connects companies with financing institutions through a special platform
“DP World” facilitates obtaining trade finance from “Dubai International Finance”
Dubai Ports Financial Services has obtained a license from Dubai Financial Services.
From the source
DP World Financial Services Limited, a subsidiary of the DP World Group, intends to start facilitating access to trade finance for small companies, as part of DP World's strategy to be an enabler of global trade.
A statement issued yesterday stated that "DP World Financial Services Limited" has obtained a license from the Dubai Financial Services Authority, to operate as a licensed company in the Dubai International Financial Center, and will connect companies that need trade finance solutions with financial institutions through the CARGOES Finance platform. ) of Dubai Ports World.
According to the statement, the platform intends to provide real-time data on trade passing through the global digital group's ports and logistics network, to provide financial institutions with the information they need to accurately assess credit risk and compliance.
Sultan Ahmed bin Sulayem, Chairman and CEO of DP World Group, said that obtaining trade finance is critical for the continuation and growth of the businesses of exporters, importers and logistics companies, which are considered one of the main drivers of the global economy, pointing out that the CARGOES Finance platform allows Financial institutions have the opportunity to lend with confidence, help small businesses obtain the capital they need, and will be an essential driver and source of new business for financial institutions, and a window to financing opportunities for merchants.
For his part, CEO of the Dubai International Financial Center Authority, Arif Amiri, said that the center includes more than 3,200 companies, and we are pleased to have the DP World Group join this list, recognizing the available opportunities offered by the center to help diversify its business.
• The platform allows financial institutions to lend with confidence.
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