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SMEs

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UAE SMEs show steady optimism despite economic headwinds, says RAKBANK SME Confidence Index 2025

RAKBANK has released its latest SME Confidence Index, highlighting a promising outlook for the UAE’s Small & Medium Enterprise (SME) sector. Based on insights from over 1,200 UAE-based SMEs collected between October and December 2024, the report – done in partnership with RFI Global – reveals an SME Confidence Index score of 57. Measured against […]
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RAKEZ workshop equips SMEs with smarter financial tools to scale with confidence

Ras Al Khaimah Economic Zone (RAKEZ) continues to empower its dynamic community of entrepreneurs and SMEs through targeted learning initiatives that tackle real-world business challenges. In its latest knowledge-sharing session, ‘Mastering financial management: Smart money strategies for SMEs,’ held at Compass Coworking Centre, business owners and financial decision-makers
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RAKBANK wins Euromoney’s prestigious award for UAE’s Best Bank for SMEs

RAKBANK’s Business Banking Group (BBG) has been honoured with the highly coveted title of UAE’s Best Bank for SMEs at the Euromoney Awards for Excellence 2025, marking a milestone in the institution’s longstanding commitment to empowering small and medium enterprises across the UAE. Recognised as the gold standard in the global banking industry, the Euromoney
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Khalifa Fund for Enterprise Development to showcase more than fifteen impactful ventures supporting SMEs at ‘Make it in the Emirates’ forum

The Khalifa Fund for Enterprise Development (KFED) is   showcasing more than fifteen impactful ventures supporting SMEs in the fourth edition of the ‘Make it in the Emirates’ forum, which is scheduled to be held from May 19 to 22, 2025, at the Abu Dhabi National Exhibition Centre (ADNEC). At the forum, KFED will present various […]
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Ministry of Economy organizes Riyada Development Program in Al Dhafra to drive growth and expansion of startups and SMEs in the region

The Ministry of Economy organized the ‘Riyada Development Program’ in Al Dhafra, Abu Dhabi, recently, with an aim to enhance engagement with entrepreneurs in the region, support them in launching and expanding their startups locally and internationally, and foster the exchange of experiences, while also addressing the challenges related to business expansion. The event was
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Eleven Legal Launches in UAE: Transforming Legal Services for SMEs with Affordable, Subscription-Based Model

Eleven Legal, the UAE’s first-of-its-kind online, subscription-based law firm, has officially launched, offering SMEs an unprecedented opportunity to access unlimited high-quality legal services for a fixed monthly fee of AED 4,000. Founded by Akshay Dosaj, a corporate lawyer with extensive experience in M&A, joint ventures, and equity capital markets, Eleven Legal
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TASC Unveils Riyadh Co-working Space to Cater to Saudi Arabia’s Growing SMEs

TASC, the GCC’s leading provider of business and workforce solutions, recently announced the launch of its co-working spaces office in Riyadh, Saudi Arabia. This strategic initiative aligns with Saudi Arabia’s Vision 2030 and aims to cater to businesses’ evolving needs and contribute to the Kingdom’s ambitious transformation agenda. Small and medium-sized firms
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Emirates Islamic wins ‘Best Islamic Bank for SMEs’ and ‘Best Bond Issue of the Year’

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, announced that it has won ‘Best Islamic Bank for SMEs’ and ‘Best Bond Issue of the Year’ at the MEA Finance Awards 2024. The bank was recognised as ‘Best Islamic Bank for SMEs’ for its strong proposition for small and medium enterprises (SMEs) […]
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Bidzi Launches in UAE, Revolutionizing M&A Market for SMEs

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,
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Mamo Secures $3.4M to Enhance Financial Services for SMEs

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

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 […]
Banking

UAE SME Sector Is Buoyant, Despite Global Challenges

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

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