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Riwa Khan_Majama

The SME Story: Riwa Khan, founder of Majama

Dubai-based Majama produces vegan and gluten-free desserts with ambitious plans to expand further into the GCC markets

Mashreq Bank Emirates Development Bank

Emirates Development Bank inks MoU with Mashreq for SME credit guarantee programmes

Mashreq will offer financing of up to Dhs10m to SME customers, of which 50 per cent will be guaranteed or co-lent by EDB

Ajman Free Zone

RAKBANK agrees MoU with Ajman Free Zone for SME financing

RAKBANK will offer SMEs and larger businesses based in free zone easy access to account opening services, loans, and credit facilities

Emir Tumen, founder of Decosouq

The SME Story: Emir Tumen, founder of Decosouq

Decosouq is a dedicated e-commerce marketplace for pre-owned furniture that recently entered the UAE market

Dubai Emirates SME

Dubai’s Emirates offers SMEs bonus points equivalent to return economy ticket

The incentive is available to SME who sign up to Emirates’ Business Rewards corporate loyalty programme from June 27-July 27, 2021

Dubai SME

Dubai SME launches new business incubator in American University

The certified business incubator will allow students to avail of common workspaces and incentives to launch their projects

Almost 9 out of 10 UAE-based SMEs are optimistic about the next 12 months – study

SMEs across the country have identified easier access to funding, acceptance of digital payments and training and upskilling staff as the top three drivers for growth

How are SMEs driving economic growth in Saudi Arabia?

At the forefront of Vision 2030, SMEs are diversifying the economy as the kingdom competes in a global arena

Commercial Bank of Dubai Network International

Commercial Bank of Dubai partners with Network International for pre-approved business loans

CBD will offer business loans to Network’s retail and ecommerce clients against their Point of Sale machines or payment gateway proceeds

Emirates Development Bank, Commercial Bank of Dubai

Emirates Development Bank, Commercial Bank of Dubai sign MoU for SME lending programme

CBD can offer up to Dhs10m financing to an SME, and 50 per cent of the facility amount will be either guaranteed or co-lent by EDB

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum

Sheikh Hamdan unveils new crowdfunding platform in Dubai for youth entrepreneurs

Dubai SME will provide a package of incentives for those who obtain financing via the new platform called Dubai Next

Claudio Esposito-Aiardo Carasti

The SME Story: Claudio Esposito-Aiardo, co-founder and CEO of Carasti

Dubai-headquartered car subscription startup, Carasti, recently secured $3m in funding

Faris Mesmar Co-founder and managing partner, hatch & boost

The SME Story: Faris Mesmar, co-founder and managing partner of hatch & boost

Hatch & Boost is an Abu Dhabi-based venture builder dedicated to hatching startup ideas and boosting them into scalable ventures in the Middle East

Nour Sleiman, co-founder and CMO of Cartlow

The SME Story: Nour Sleiman, co-founder and CMO of Cartlow

Cartlow is a re-commerce initiative that offers like-new pre-owned, refurbished, open-box and clearance products, tested and certified by experts

Dubai Chamber TikTok

Dubai Chamber partners with TikTok to launch training programmes for SMEs and startups

The Dubai Chamber – TikTok Academy will offer a four-week educational programme to help businesses develop social media marketing strategies

Dubai SME Ztartup

Dubai SME launches digital health business incubator Ztartup

The incubator provides two specialised programmes – one for business incubation and the other for business accelerators

Kim Thompson, co-owner and managing director, RAW Coffee Company

The SME Story: Kim Thompson, co-owner and managing director of RAW Coffee Company

Raw Coffee Company imports specialty-grade green beans, roasts and supplies them to cafés, restaurants, offices and home connoisseurs

Ajman Department of Economic Development

Ajman DED signs agreement with noon.com to support SMEs

Entrepreneurs from the emirate can market and promote their products through the Noon Mahali digital platform to increase their reach and visibility

Alliance of global firms to support SMEs in Middle East and Africa digitise their ops

Small businesses in MEA to benefit from free resources and special offers

Online insurance platform PolicyBazaar raises $75m to fund UAE, Middle East expansion

PolicyBazaar allows users to purchase life and general insurance online

Amina Grimen and Ayat Toufeeq, co-founders at Poweder.ae

The SME Story: Amina Grimen and Ayat Toufeeq, co-founders of Powder.ae

Powder.ae is a direct-to-consumer, content-led e-commerce business focused on retailing clean beauty and skincare in the Middle East

Melda Akin, founder and CEO of D14.AI

The SME Story: Melda Akin, founder and CEO of D14.AI 

D14.AI is a Dubai-based tech company providing an AI-driven software platform for healthcare clinics, gyms and logistics companies to optimise their workforce and manage their business operations

The Arabian Luxury Group

The Arabian Luxury Group joins list of certified business incubators in Dubai

The incubator aims to invest in Emirati projects in the fields of fashion, jewellery, perfumes and other luxury goods made by Emiratis and citizens of other Arab countries

Anghami

MENA music streaming platform Anghami merges with Vistas Media, to list on Nasdaq New York

The agreement will result in Anghami becoming the first Arab technology company to list on Nasdaq New York

Ben Kinerman-Daltrey KinFitz & Co

The SME Story: Ben Kinerman-Daltrey, co-founder of KinFitz & Co

KinFitz & Co is a sales recruitment, training and coaching business, working specifically with startups and SMEs

Gregor image1[6] copy

Be ready for rejection if you’re an aspiring entrepreneur – Hotel Data Cloud’s Gregor Amon

The UAE-based entrepreneur reveals his tips to set up a successful startup

Brand trademark

Five reasons why every company must have their trademark registered in the UAE 

A registered trademark effectively safeguards the brand from counterfeit and helps business owners gain the trust of consumers

Sharjah’s Sheraa sets up new startup studio to support entrepreneurs

The studio, which will work on a revenue sharing model, will support founders in the early stages of setting up their businesses

The SME loan journey: How can it be made easier?

Banks and financial institutions must opt for online credit process with automated elements – offered by companies such as Comarch – to ensure they meet the current market needs

The SME Story: Daniel Domingues and Tariq Said, co-founders, Sirius Energy

Sirius Energy is batting for the implementation of sustainable clean energy initiatives in the UAE