Latest news with #DP World
Gulf Business
16 hours ago
- Business
- Gulf Business
DP World Trade Finance crosses $1bn mark, targeting gaps in emerging markets
Image: DP World The milestone comes as the global trade finance gap continues to exceed $2.5tn, disproportionately affecting small and medium-sized enterprises (SMEs) in developing economies. The platform, which combines logistics and financial services, has partnered with more than 32 financial institutions globally, including J.P. Morgan, Standard Bank, and NedBank. Together with DP World's own lending operations, the model aims to increase access to affordable trade finance while reducing risk and improving the flow of goods in underfunded markets. 'By making capital more accessible, particularly in high-potential markets, we are shaping a trade system that is more inclusive and resilient,' said Sultan Ahmed Bin Sulayem, group chairman and CEO of DP World. 'The growth of our trade finance business underscores the UAE's role as a catalyst for global trade.' DP World Trade Finance: An integrated model DP World Trade Finance's integrated model offers both funding and real-time supply chain visibility, helping lenders make faster, data-informed credit decisions. The platform's performance has generated a loan book with higher-quality assets than industry benchmarks, according to the company. 'Cross-border trade is the engine of global economic growth, but access to affordable finance remains a critical barrier,' said Sinan Ozcan, Senior Executive Officer of DP World Trade Finance. 'Through our platform, we've built a network that connects businesses with capital and streamlines the financing process to enable more consistent global trade.' The platform has facilitated trade across Africa, the Americas, Asia, and Europe, serving industries including agriculture, metals, automotive, and engineering. Its success is part of a broader effort to ease structural constraints in global trade by improving financing options for businesses that struggle with collateral requirements or limited credit histories. DP World Trade Finance was launched to address persistent challenges faced by SMEs, many of whom are unable to secure loans from traditional institutions due to high perceived risk. The company's data-driven approach, combined with its operational reach, aims to provide a scalable solution to help close one of trade's most pressing gaps. Read:
Zawya
a day ago
- Business
- Zawya
DP World mobilises $1bln to boost trade flow
DP World Trade Finance has mobilised over US$1 billion in working capital for businesses across emerging markets, helping close the global trade finance gap and keep goods moving through some of the world's most challenging economic environments. This milestone was achieved through a combination of DP World's own lending operations and partnerships with more than 32 financial institutions globally, including J.P. Morgan, Standard Bank, NedBank and more. Their financing solutions, delivered alongside DP World's logistics capabilities, have helped reduce risk and improve access to capital for underserved businesses of all sizes, thus lowering barriers to international trade. By combining trade finance with logistics, DP World offers businesses both funding and real-time visibility into their supply chains. This integrated model helps lenders make faster, more informed decisions - unlocking capital where it's needed most. The portfolio that DP World Trade Finance handles has also proven to create a very healthy loan book with high-quality assets, way better than the industry benchmarks, further reinforcing the effectiveness of this data-driven, integrated approach. To date, DP World Trade Finance has enabled trade across Africa, the Americas, Asia, and Europe, supporting sectors including agriculture, metals, automotive, and engineering. Commenting on this achievement, Group Chairman and CEO of DP World Sultan Ahmed Bin Sulayem said, "The growth of our trade finance business underscores the UAE's role as a catalyst for global trade. By making capital more accessible, particularly in high-potential markets, we are shaping a trade system that is more inclusive and resilient.' Sinan Ozcan, Senior Executive Officer, DP World Trade Finance, stated, 'Cross-border trade is the engine of global economic growth, but access to affordable finance remains a critical barrier for many businesses, especially SMEs in emerging markets. Reaching this US$1 billion milestone reflects our commitment to changing that. Through DP World Trade Finance, we've created a network that connects businesses with capital, streamlines the financing process and enables trade to flow more consistently on a global scale.' The global trade finance gap, estimated at US$2.5 trillion, continues to limit opportunities for businesses in developing economies, particularly those without access to traditional financing due to limited credit histories, lack of collateral, or weaker balance sheets that classify them as high risk.
Emirates 24/7
a day ago
- Business
- Emirates 24/7
DP World mobilises $1 billion to boost trade flow
DP World Trade Finance has mobilised over US$1 billion in working capital for businesses across emerging markets, helping close the global trade finance gap and keep goods moving through some of the world's most challenging economic environments. This milestone was achieved through a combination of DP World's own lending operations and partnerships with more than 32 financial institutions globally, including J.P. Morgan, Standard Bank, NedBank and more. Their financing solutions, delivered alongside DP World's logistics capabilities, have helped reduce risk and improve access to capital for underserved businesses of all sizes, thus lowering barriers to international trade. By combining trade finance with logistics, DP World offers businesses both funding and real-time visibility into their supply chains. This integrated model helps lenders make faster, more informed decisions - unlocking capital where it's needed most. The portfolio that DP World Trade Finance handles has also proven to create a very healthy loan book with high-quality assets, way better than the industry benchmarks, further reinforcing the effectiveness of this data-driven, integrated approach. To date, DP World Trade Finance has enabled trade across Africa, the Americas, Asia, and Europe, supporting sectors including agriculture, metals, automotive, and engineering. Commenting on this achievement, Group Chairman and CEO of DP World Sultan Ahmed Bin Sulayem said, "The growth of our trade finance business underscores the UAE's role as a catalyst for global trade. By making capital more accessible, particularly in high-potential markets, we are shaping a trade system that is more inclusive and resilient.' Sinan Ozcan, Senior Executive Officer, DP World Trade Finance, stated, 'Cross-border trade is the engine of global economic growth, but access to affordable finance remains a critical barrier for many businesses, especially SMEs in emerging markets. Reaching this US$1 billion milestone reflects our commitment to changing that. Through DP World Trade Finance, we've created a network that connects businesses with capital, streamlines the financing process and enables trade to flow more consistently on a global scale.' The global trade finance gap, estimated at US$2.5 trillion, continues to limit opportunities for businesses in developing economies, particularly those without access to traditional financing due to limited credit histories, lack of collateral, or weaker balance sheets that classify them as high risk.
Zawya
a day ago
- Business
- Zawya
$1bln financed: DP World reshapes the global trade finance map
Dubai, UAE – DP World Trade Finance has mobilised over $1 billion in working capital for businesses across emerging markets, helping close the global trade finance gap and keep goods moving through some of the world's most challenging economic environments. This milestone was achieved through a combination of DP World's own lending operations and partnerships with more than 32 financial institutions globally- including J.P. Morgan, Standard Bank, NedBank and more. Their financing solutions, delivered alongside DP World's logistics capabilities, have helped reduce risk and improve access to capital for underserved businesses of all sizes, thus lowering barriers to international trade. By combining trade finance with logistics, DP World offers businesses both funding and real-time visibility into their supply chains. This integrated model helps lenders make faster, more informed decisions - unlocking capital where it's needed most. The portfolio that DP World Trade Finance handles has also proven to create an very healthy loan book with high quality assets, way better than the industry benchmarks, further reinforcing the effectiveness of this data-driven, integrated approach. To date, DP World Trade Finance has enabled trade across Africa, the Americas, Asia, and Europe, supporting sectors including agriculture, metals, automotive, and engineering. Commenting on this achievement, Group Chairman and CEO of DP World, Sultan Ahmed Bin Sulayem said:"The growth of our trade finance business underscores the UAE's role as a catalyst for global trade. By making capital more accessible, particularly in high-potential markets, we are shaping a trade system that is more inclusive and resilient.' Sinan Ozcan, Senior Executive Officer, DP World Trade Finance, said: 'Cross-border trade is the engine of global economic growth, but access to affordable finance remains a critical barrier for many businesses, especially SMEs in emerging markets. Reaching this $1 billion milestone reflects our commitment to changing that. Through DP World Trade Finance, we've created a network that connects businesses with capital, streamlines the financing process and enables trade to flow more consistently on a global scale.' The global trade finance gap, estimated at $2.5 trillion [1], continues to limit opportunities for businesses in developing economies, particularly those without access to traditional financing due to limited credit histories, lack of collateral, or weaker balance sheets that classify them as high risk. For media enquiries, please contact: Adal Mirza Group Vice President Hakam Kherallah Group Senior Manager Follow DP World on: X (Twitter): LinkedIn: About DP World Trade Finance DP World Trade Finance's purpose is to help businesses grow by providing them with access to the much-needed working capital for trade. We leverage DP World's global infrastructure and ecosystem to gain transparency, visibility, data and control over cargo, and mitigate the risks inherent to financing international trade. Our approach of embedding trade finance solutions within DP World's ecosystem enables us to provide trade finance to businesses, directly or in collaboration with our partner financial institutions, and enable seamless trade flow for everyone. Since its launch in July 2021, DP World Trade Finance has partnered with 32 financial institutions and has financed over US$1 Billion of trade. DP World Trade Finance (DP World Financial Services Limited) has obtained its lending license in June 2022 and is engaged in providing credit via structured short-term working capital solutions. DP World Trade Finance participates in risk with existing lenders on the platform to ensure that working capital requirements of clients are adequately met. The platform is operated by DP World Financial Services Limited, which arranges and provides credit for clients who are based in the UAE. DP World Services Limited arranges credit for clients outside the UAE. About DP World DP World is reshaping the future of global trade to improve lives everywhere. Operating across six continents with a team of over 100,000 employees, we combine global infrastructure and local expertise to deliver seamless supply chain solutions. From Ports and Terminals to Marine Services, Logistics and Technology, we leverage innovation to create better ways to trade, minimizing disruptions from the factory floor to the customer's door. WE MAKE TRADE FLOW
Al Bawaba
a day ago
- Business
- Al Bawaba
$1 Billion Financed: DP World Reshapes the Global Trade Finance Map
DP World Trade Finance has mobilised over $1 billion in working capital for businesses across emerging markets, helping close the global trade finance gap and keep goods moving through some of the world's most challenging economic milestone was achieved through a combination of DP World's own lending operations and partnerships with more than 32 financial institutions globally- including J.P. Morgan, Standard Bank, NedBank and more. Their financing solutions, delivered alongside DP World's logistics capabilities, have helped reduce risk and improve access to capital for underserved businesses of all sizes, thus lowering barriers to international combining trade finance with logistics, DP World offers businesses both funding and real-time visibility into their supply chains. This integrated model helps lenders make faster, more informed decisions - unlocking capital where it's needed most. The portfolio that DP World Trade Finance handles has also proven to create an very healthy loan book with high quality assets, way better than the industry benchmarks, further reinforcing the effectiveness of this data-driven, integrated date, DP World Trade Finance has enabled trade across Africa, the Americas, Asia, and Europe, supporting sectors including agriculture, metals, automotive, and on this achievement, Group Chairman and CEO of DP World, Sultan Ahmed Bin Sulayem said: "The growth of our trade finance business underscores the UAE's role as a catalyst for global trade. By making capital more accessible, particularly in high-potential markets, we are shaping a trade system that is more inclusive and resilient.'Sinan Ozcan, Senior Executive Officer, DP World Trade Finance, said: 'Cross-border trade is the engine of global economic growth, but access to affordable finance remains a critical barrier for many businesses, especially SMEs in emerging markets. Reaching this $1 billion milestone reflects our commitment to changing that. Through DP World Trade Finance, we've created a network that connects businesses with capital, streamlines the financing process and enables trade to flow more consistently on a global scale.' The global trade finance gap, estimated at $2.5 trillion , continues to limit opportunities for businesses in developing economies, particularly those without access to traditional financing due to limited credit histories, lack of collateral, or weaker balance sheets that classify them as high risk.
