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This significant membership will enable Noor Bank to leverage the FCI network in more than 90 countries to offer export and import factoring facilities to clients in the UAE.
Speaking of the affiliation to FCI, Ehsaan Ahmed, Head of Global Transaction Services & Corporate Strategy, Noor Bank, said: "We are pleased to have received this membership, which demonstrates our continued emphasis on offering new and improved services to our customers.
The CAG in the latest report presented before the Parliament also stated that the FCI should get permission again to obtain guarantee for issue of bonds as it will help it to gain cheaper source of funds.
Through this agreement, we join FCI in its commitment to offer customers solutions that are easy to use, quick to implement and provide the best in customer communication management," said Steve Biancaniello, CEO for Messagepoint Inc.
Amphenol Corporation (NYSE:APH) disclosed on Friday the closure of its acquisition of FCI Asia Pte Ltd (FCI), but did not disclose the terms of the transaction.
A senior food ministry official told MAIL TODAY that "until now there is no clarity on the concept as the FCI is already unbundled in the sense that it mainly looks after the storage and transport of foodgrain.
Despite the high-innovation within this sector, Moody's views it as a mature, rational market despite its competitiveness, and generally supportive of solid margins and through-the-cycle cash generation for FCI.
The ability to provide BAP certification complements FCI's service offering to the international aquaculture and seafood processing sectors," said FCI Managing Director, Martin Gill.
The focus of this article is on the relationship between farm-level debt use and FCI participation.
With Turkey's participation, the FCI brought together a total of 86 countries.
It a very renowned company in Tunisia and known by the European automotive industry for the quality of its products," said Liam Butterworth, Director-General of the Department of Motor Vehicles at FCI.
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