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Dubai SME

Fourth edition of Dubai SME 100 programme launched

It ranks the top 100 SMEs in Dubai based on their performance

Emirates Development Bank

UAE’s Emirates Development Bank partners with YAP to launch business banking app for SMEs

The EDB Business Banking app is free to open and has no minimum balance criteria

US-based 500 Startups closes largest fund to date

Firm expands strategy beyond accelerator and seed investments, doubles down on global thesis

DAFZA

UAE’s Mashreq Bank signs MoU with DAFZA to boost SME growth

DAFZA companies will also be given priority access to digital banking services through Mashreq’s NEOBiz platform, where they will be able to open instant accounts

SupplyMe Igor Nikolenko

The SME Story: Igor Nikolenko, co-founder and CEO of SupplyMe

SupplyMe is a B2B marketplace that connects local food suppliers with foodservice businesses

SME Revival case study: Dubai’s Cobbler on plans ahead

The Cobbler saw increased B2B engagement following the SME Revival campaign

The SME Story: Emanuel Brendarou, founder and CEO of Terrasuya

Terrasuya’s offerings include handcrafted earrings, bracelets and necklaces at an affordable price point

The SME Story: Rami Darwish, founder and CEO of Arrow Labs

Arrow Labs offers digital tools to empower deskless frontline workers with technology to increase their productivity

How innovative entrepreneurs are seeking to change the world

The time is ripe for young entrepreneurs to innovative and bring about change

count'd Dubai

The SME Story: Fadi Ghaly, CEO and founder of Count’d

Dubai-based healthy meal subscription app Count’d has plans to expand into Saudi Arabia, Kuwait and Bahrain next year

Jad Antoun

The SME Story: Jad Antoun, CEO and co-founder of Huspy 

UAE-based proptech startup Huspy has generated over $250m in annualised gross merchandise value and completed over 300 transactions

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