SME

NEWS DESK

Lendo Secures $690 Million Facility Led by J.P. Morgan to Boost SME Financing in Saudi Arabia

News Desk 1 30/01/2025 0

Lendo, the leading debt crowdfunding platform in Saudi Arabia, has secured a USD 690 million (SAR 2.6 billion) warehouse facility led by J.P. Morgan. Supported by Fintech Saudi, this milestone underscores the growth in Saudi Arabia’s fintech sector and the vast opportunity in SME

NEWS DESK

Pacific Prime Dubai Wins Employee Benefits SME

News Desk 1 23/01/2025 0

Pacific Prime Dubai, a leading global health insurance and employee benefits brokerage, has been honored with the Employee Benefits SME & Retail Top Producer 2024 award from GIG Gulf. The award was presented during the 2025 GIG VIP Brokers Event, held at The Four Seasons Resort Dubai at Jumeirah Beach on January 9, 2025. This accolade recognizes

NEWS DESK

Panasonic Introduces New CCTV lineup for SME and Residential Market

News Desk 1 04/09/2024

Panasonic Marketing Middle East & Africa (PMMAF) has announced its latest innovation in CCTV technology for the region. The Japanese manufacturer returns with a completely new series of security cameras that are designed to provide superior image quality, reliability, and advanced features, ensuring optimal performance in diverse applications. Panasonic’s new range of

NEWS DESK

Visa Unveils Emerging SME Megatrends in UAE, Highlighting Significant Opportunities for Issuers

News Desk 2 22/07/2024

A new study from Visa, the SME Megatrends report, delves into the ever-evolving landscape of Small and Medium Enterprises (SMEs) in the United Arab Emirates (UAE). As SMEs undergo significant transformation, particularly in the digital and financial domains, the report identifies how issuing banks can leverage the needs and challenges facing businesses to unlock new […]

NEWS DESK

NEW REPORT: SME Business Leaders Forecast Increase in Global Expansion Activity in the Next 12 Months

News Desk 2 11/06/2024

Kreston Global’s newest interpreneur report reveals that small and medium businesses across the world are bullish about their own global operations and are prepared to harness disruption to drive commercial growth at home and abroad. This comes despite macroeconomic concerns around geopolitical disruption, slowing global GDP, and a gradual decline in

NEWS DESK GCC UAE

Tally all set to enhance operations for SMEs at Dubai Shopping Festival

News Desk 1 09/01/2024

TallyPrime 4.0, Tally Solutions latest software is well aligned to support SMEs participating at Dubai Shopping Festival (DSF). As a special benefit, all Tally Software Services (TSS) valid customers participating at DSF will receive the new release free of charge, ensuring access to the latest features without additional expenses. In addition, Tally will also offer […]

NEWS DESK

Qashio and CredibleX Launch ‘Qashio Financing’

News Desk 1 08/01/2024

Qashio, a leader in fintech innovations, in partnership with CredibleX, MENA’s pioneering embedded finance platform, has announced the launch of ‘Qashio Financing’. This new initiative marks a significant step forward in providing flexible and accessible financing to businesses of all sizes. ‘Qashio Financing’ is designed to help businesses

NEWS DESK

Dubai Business Forum highlights key roles of SMEs and trading blocs

News Desk 1 02/11/2023

The afternoon sessions during day one of the Dubai Business Forum, a transformative global event powered by Dubai Chambers, highlighted the key role of small and medium-sized enterprises (SMEs) in accelerating economic growth, as well as Dubai’s growing appeal in attracting foreign direct investments. Addressing a panel discussion, H.E. Khalfan Belhoul, CEO of the Dubai

NEWS DESK

Ministry of Economy receives 700 applications for Phase II of The Entrepreneurial Nation over seven months

News Desk 2 23/05/2023

Abu Dhabi, 23 May 2023: The Ministry of Economy revealed that it has received 700 applications from startups and SMEs wishing to participate in phase II of The Entrepreneurial Nation programs, between October 2022 and April 2023. The Ministry is currently in the process of shortlisting these applications in accordance with the program’s eligibility criteria. […]

NEWS DESK

Tally Solutions to host third edition of MSME Honours to Celebrate Outstanding Entrepreneurs and Businesses

News Desk 2 26/04/2023

Dubai, United Arab Emirates, 26 April 2023: The number of small and medium-sized enterprises (SME) operating in the UAE at the end of 2022 totalled 557,000, in line with the country’s ambitious plan to drive this number to 1 million by the end of 2030. In the same context, Tally Solutions, a leading business management […]

Business

Funding Souq is on track to finance its 100th SME loan this year

News Desk 2 12/04/2023

Sharjah, UAE – 12 April 2023 – SME lending platform, Funding Souq, has already raised more than AED 10 million, with another AED 35 million in the pipeline, in line with its efforts to connect SMEs that are looking to borrow with hundreds of investors from all around the world. Furthermore, the programme has set […]

NEWS DESK Business GCC UAE

SMEs urged to prepare for UAE’s new corporate tax law anew

News Desk 2 28/03/2023

Dubai, UAE, 28 March 2023: Dubai-based consultancy firm Al Dhaheri Jones and Clark (ADJC) has called on all small and medium enterprises (SMEs) anew to ensure that their processes are fully compliant with the country’s corporate tax law to avoid potential penalties. Starting June 1, 2023, the UAE will levy a direct tax on the […]

NEWS DESK GCC Saudi Arabia

Biban, The Largest Entrepreneurship Conference In Saudi Arabia, Will Offer $2.7 Million In Prizes At Biban 2023

News Editor 11/03/2023 0

More than $2.7 million will be awarded in a dozen new competitions and “hackathons” at Biban 2023. Biban is Saudi Arabia’s largest entrepreneurship forum, created to inspire businesses to showcase their entrepreneurial ventures. The Biban 2023 event will be held at the Riyadh Front Exhibition & Convention Center from March 9 to March 13. It intends to

Business GCC Saudi Arabia

Biban 2023: Saudi Arabia’s flagship SME forum returns to unite the world’s most innovative start-ups, entrepreneurs, and investors

Middle East News 247 16/02/2023

Riyadh, Saudi Arabia — Biban, Saudi Arabia’s largest start-up, SME, and entrepreneurship conference, is returning to the Riyadh Front Exhibition & Conference Center between March 9 and March 13, 2023. Organized by Monsha’at, the Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia, this year’s event welcomes its largest audience ever, with […]