March 30, 2023

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"DP World" "Dubai International Finance" - Economy - Helps to obtain local business funding

“DP World” “Dubai International Finance” – Economy – Helps to obtain local business funding

DP World Financial Services Limited, a subsidiary of the DP World Group, is beginning to facilitate access to business finance for small businesses as part of its DP World strategy to implement global trade.

In a statement released yesterday, “DP World Financial Services Limited” is a CARGOES financial platform licensed by the Dubai Financial Services Authority to operate as a licensed entity at the Dubai International Financial Center, and to link companies in need of commercial finance solutions with financial institutions.) Dubai Ports World.

According to the report, the site plans to provide real-time data on trading via the Global Digital Group’s ports and logistics network, providing 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 it was important to obtain trade funding for the continued and growth of the businesses of exporters, importers and logistics companies, which are considered one of the key drivers of the global economy. (CARGOES Finance) The site will be an essential driver for financial institutions and a source of new business opportunities and a window of financial opportunities for confidential lending to financial institutions and to help small businesses obtain the capital they need. Merchants.

For his part, Arif Amiri, CEO of the Dubai International Monetary Center Authority, said the center covers more than 3,200 companies and we are pleased to join the DP World Group in recognizing the opportunities offered by the Help Center. Diversify its business.

This site allows financial institutions to lend with confidence.

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