SMEs

NEWS DESK

Emirates Development Bank and Commercial Bank International Empower SMEs

News Desk 1 08/11/2024 0

In a move to significantly boost financial inclusion and empower SMEs, Emirates Development Bank (“EDB” or “the Bank”), the key financial engine of economic development and industrial advancement in the UAE, has partnered with Commercial Bank International (CBI), a

NEWS DESK

Bidzi Launches in UAE, Revolutionizing M&A Market for SMEs

News Desk 1 18/09/2024

As the UAE’s small and medium-sized enterprise (SME) sector experiences unprecedented expansion, Bidzi, an all-in-one M&A solution, has unveiled its innovative platform designed to streamline the mergers and acquisitions (M&A) process for this vital segment of the economy. Bidzi offers a comprehensive solution that simplifies and secures the transaction process,

NEWS DESK

Mamo Secures $3.4M to Enhance Financial Services for SMEs

News Desk 2 25/07/2024

Mamo, a UAE-based fintech startup on a mission to help small and medium-sized businesses consolidate their payment collection, corporate cards, and expense management needs, has announced the successful completion of a $3.4 million funding round. Additional funds will help Mamo expand its product offerings and extend its market presence. The funding round was completed by

NEWS DESK

Webidoo Launches Jooice: Affordable All-In-One AI Marketing Tool for SMEs

News Desk 2 23/07/2024

Webidoo, an award-winning AI marketing company, has announced the global launch of Jooice, its patent-applied-for all-in-one AI marketing solution for SMEs. Held at the Dubai AI Campus in collaboration with DIFC Innovation Hub, the event marks a significant milestone in Webidoo’s mission to provide access to innovation for businesses of all sizes. Jooice empowers SMEs […]

NEWS DESK

UAE participates in VivaTech 2024 in France supporting growth & expansion of Emirati SMEs in foreign markets

News Desk 2 27/05/2024

A UAE delegation led by H.E. Abdullah Ahmed Al Saleh, Undersecretary of the Ministry of Economy, participated in VivaTech 2024 for entrepreneurship and technology, which was recently held in Paris. The national delegation’s participation in the leading global event was aimed at enabling national SMEs to attract new investments and showcase their products and services […]

NEWS DESK

UAE’s Fintech Fortis Secures $20M in a Series A Round

News Desk 1 17/04/2024

Fortis, a retail tech and fintech solutions provider tailored for SMEs, announced the successful completion of Series A funding round, raising $20 million in investment led by Opportunity Venture (Asia). This funding marks a significant milestone in Fortis’ journey as it embarks on a mission to revolutionize the retail tech and fintech landscape in the […]

Banking

UAE SME Sector Is Buoyant, Despite Global Challenges

Arnold Pinto 06/04/2024 0

RAKBank Steps Up Assistance To Key Sector Small and medium-sized enterprises (SMEs) in the UAE have entered the second quarter of 2024 on a sound footing – registering remarkable growth and resilience – despite global economic challenges. This scenario was highlighted at a news conference in Dubai hosted by RAKBank. The meeting, which sought to […]

GCC NEWS DESK UAE

BITS Pilani Dubai Campus Launches Unique Career Fair Tailored for Exclusively Startups and SMEs

News Desk 1 08/02/2024

BITS Pilani Dubai Campus proudly announces its inaugural ‘Campus Career Fair-Startups’, solely for startups and SMEs nationwide and beyond, facilitating engagement with one of the region’s leading universities. Scheduled for February 15, 2024, this pioneering initiative seeks to redefine the interaction between these enterprises and students, presenting a unique

Business GCC UAE

37 Consult ramps up digital marketing services for UAE-based SMEs

Arnold Pinto 17/12/2023 0

UAE may have one million SMEs by 2030 37 Consult, a Dubai-based boutique consultancy, is intensifying its digital marketing services aimed primarily at Small and Medium Enterprises (SMEs) in the UAE to grow and expand their business. Since its launch in Dubai in 2017, 37 Consult says it has turned more than AED8 million in […]

Business GCC UAE

EDB and UAE Ministry of Economy Recognize Partners for Successful Credit Guarantee Scheme Supporting mSMEs

News Desk 2 08/05/2023

Emirates Development Bank (“EDB” or “the Bank”), a key financial engine for the economic development and industrial advancement of the UAE, and the Ministry of Economy today recognised and rewarded all the banking and FinTech partners involved in the Bank’s Credit Guarantee Scheme (CGS). Representatives from EDB’s 10 partner banks gathered at

Business

Emirates Development Bank and Emirates Islamic to collaborate on credit guarantee scheme supporting SMEs in the UAE

News Desk 2 19/04/2023

Dubai, United Arab Emirates, 19 April, 2023: Emirates Development Bank (EDB), a key financial engine for the economic development and industrial advancement of the nation, and Emirates Islamic, one of the leading Islamic financial institutions in the UAE have announced the signing of a Memorandum of Understanding (MoU) to collaborate on a joint credit guarantee […]

NEWS DESK

NEOM Has Launched A Business Accelerator To Aid SMEs And Entrepreneurs

News Editor 11/04/2023 0

NEOM Has Launched A Business Accelerator To Aid SMEs And Entrepreneurs: NEOM City has recently launched a business accelerator called the “Seven Senses” accelerator. The mission of NEOM’s business accelerator is to create an integrated system for entrepreneurship in the NEOM and Tabuk regions and to help small and medium-sized businesses, artisans,