The sector plays a pivotal role in driving economic growth, innovation, and diversification in Abu Dhabi
SME
Latest in SME
Aura
UAE fintech Aura partners with Reem Finance to improve SME cash flow
The agreement envisages providing SMEs immediate payment on their invoices through Aura’s invoice financing feature
Dubai Chambers
Dubai International Chamber attracted 8 new multinational companies and 29 international SMEs in Q1
Dubai International Chamber supported UAE companies into new international markets and attracted foreign businesses to city in Q1
D33
Dubai SME boosts economy with over $63m of funding for entrepreneurs
Dubai SME is supporting entrepreneurs with funding schemes and help for start-up businesses
General Authority for Small and Medium Enterprises (Monshaat)
Saudi Arabia has 1.27m SMEs, 3.5% increase this year
Saudi Arabia has seen 40,000 new businesses created in Q3
Dubai
AB In Focus: Supporting SME growth is vital to realising Dubai’s vision as a global innovation hub, says Dubai Chambers PCEO
Adapting to AI and sustainability and fostering strong public-private ties are key to seizing new opportunities, Dubai Chambers PCEO Mohammad Ali Rashid Lootah says
dubai chamber of commerce
Noon advises Dubai SMEs on the value of online sales
Dubai Chambers teams up with Noon to support SMEs
Emirates NBD
Emirates NBD boosts UAE SMEs with 34% lending boost
Emirates NBD increases lending support to SMEs in the UAE
Dubai Chamber
Dubai attracts multinationals and SMEs amid $545bn foreign trade target
Dubai attracts foreign direct investment as it works towards $545bn trade target
Federal Tax Authority
UAE sees interest surge in SME tax package
UAE tax authority reports growth in demand for SME-friendly Muwafaq package
Biban
More than 88,000 new Saudi businesses launched in Q1
Saudi Arabia has more than 1.2m SMEs, sets 35% GDP target
ADIB
ADIB, Meydan Free Zone partner to promote SMEs
The partnership envisages trade licence holders within the Free Zone to have access to ADIB’s diverse range of business banking products and services
Saudi Arabia
Saudi SMEs: 166% business boost amid $4.8bn funding drive
Saudi Arabia is supporting SMEs with funding, venture capital, training and legislation
SME
UAE banks team up to help SMEs amid $8.17bn finance support pledge
UAE financial institutions team up to offer SME funding
Biban
Saudi’s Social Development Bank pledges $6.4bn to start-up businesses and freelancers
Saudi bank offers funding to businesses in the Kingdom on sidelines of Biban 2023 in Riyadh
cloud computing
Cloud computing adoption by SMEs in GCC set to double market size by 2024
Industry insiders expect the segment to become as bigger as the IoT in the coming years, going by the current surge in its growth rate
Emirati entrepreneurs
UAE government seeking to enable SMEs enter global markets: Al Marri
Participants at the annual government meet discussed the most important challenges facing SMEs, and future opportunities to facilitate financing and raise their productivity