Home Posts tagged SMEs (Page 2)

SMEs

NEWS DESK

MAJRA launches new category of ‘Impact Seal’ for SMEs

PR News Desk
MAJRA – National CSR Fund has taken a significant step towards fostering sustainable business practices with the launch of a new Impact Seal category, Majra SME for Impact. This initiative aims to empower SMEs to drive sustainable impact while contributing to the UAE’s socio-economic development and national sustainability goals. The SME for Impact seal was […]
NEWS DESK

Ministry of Economy organizes Riyada Development Program in Al Dhafra to drive growth and expansion of startups and SMEs in the region

PR News Desk
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
NEWS DESK

Eleven Legal Launches in UAE: Transforming Legal Services for SMEs with Affordable, Subscription-Based Model

PR News Desk
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
NEWS DESK

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

PR News Desk
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,
Mamo
NEWS DESK

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
VivaTech 2024
NEWS DESK

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 […]
Fortis
NEWS DESK

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

PR News Desk
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 […]
SME
Banking

UAE SME Sector Is Buoyant, Despite Global Challenges

Arnold Pinto
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 […]
BITS Pilani
GCC NEWS DESK UAE

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

PR News Desk
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

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

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

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 […]