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
Sirius Energy is batting for the implementation of sustainable clean energy initiatives in the UAE
Changes in law allows small enterprises to fundraise via convertible notes and employee shares schemes
Motivate Media Group, along with an expert panel, has selected 20 SMEs as the beneficiaries of the $1m initiative
The incubator has been launched in cooperation with the British Centres for Business in Dubai
Innovation and entrepreneurship play a key role in responding to the significant challenges posed by the Covid-19 crisis, says UOWD associate professor
Intelak Hub merges Intelak Incubator, Idea Lab with the Futurism Accelerator programme
Motivate Media Group has launched a $1m initiative to support homegrown UAE SMEs with free advertising and marketing
Small businesses turn to digital channels to survive the pandemic
Approximately 98 per cent of companies in Abu Dhabi are SMEs, contributing 29 per cent of the emirate’s GDP and 44 per cent of its non-oil economy
The loan is expected to finance about 37,000 projects over the next four years and create over 200,000 jobs in the African country
The e-commerce platform plans to use the funds to accelerate expansion across the Middle East
Dhs1bn ($272m) has been allocated to support technology start-ups in the emirate
The partnership will aim to boost entrepreneurship in the kingdom
The company is a participant in Dubai International Financial Centre’s innovation licence scheme
The company is planning a regional expansion
The company plans to farm vine crops year-round in the UAE using advanced greenhouses
VVIP describes itself as “the world’s most exclusive social network”
The company has raised $8m to date
The firm said the funding would form part of a larger Series A round
The company said it would use the funds to expand its operations in Saudi Arabia and MENA
The financing was led by venture capital firm Middle East Venture Partners
Bahrain recently made its largest oil discovery in decades
Aqeed plans to use the series A funds to penetrate the UAE and Saudi markets
The four-week programme pairs government entities with start-ups
The company said it would use the funds to grow its creative and advertising offerings
Launched in February, Etisalat’s Hello Business Hub aims to remove obstacles involved in launching a business in the UAE
The expansion more than double’s AstroLab’s co-working footprint
500 said ADFG would be “injecting substantial capital” to support expansion into new markets
The UAE has seen a flurry of start-up competitions and accelerators established in recent months