#SMEs

Different Arab money

Why SMEs should consider trade financing over legacy banks in this region

Many SMEs do not have access to bank borrowings, purely because banks are generally reluctant to provide funding to companies that have smaller balance sheets

SMEs lead post-Covid recovery in Bahrain

Individual commercial registrations in Bahrain are up by 109 per cent in June

Bahrain, Manama, Cityscape view of Bahrain World Trade Center and Bahrain Financial Harbor

Bahrain awards 769 tenders worth $1.7bn in H1 2020

The construction and engineering sector accounted for the biggest share of contracts in the first six months of the year

Abu dhabi uae capital flag

Here’s how UAE SMEs can benefit from this $1m advertising support scheme

Motivate Media Group has launched a $1m initiative to support homegrown UAE SMEs with free advertising and marketing

Sheraa Motivate Media Group

Motivate Media Group to support UAE SMEs with $1m initiative

Motivate Media Group’s $1m campaign to support SMEs in the UAE has received approval from the Dubai government

Dubai SME provides Dhs170m worth of incentives, services to entrepreneurs in 2019

Overall, local entrepreneurs received over Dhs630m worth of incentives and support from Dubai SME since its inception in 2002

Dubai reveals additional stimulus package worth Dhs1.5bn to support businesses

The stimulus package aims to support small and medium enterprises and a number of strategic sectors

Sheraa Motivate Media Group

Motivate Media Group and Sharjah Entrepreneurship Center launch Dhs1m fund for tech startups

The fund will provide in-kind services including marketing and advertising support across platforms of Motivate’s leading titles

Saudi’s Samba CEO sees U-shaped recovery after ‘triple jeopardy’

The kingdom unveiled a second $13.3bn stimulus package to protect lenders against an expected drop in profits and rise in bad loans

Oman amends classification of SMEs according to workforce, revenues

There are a total of 44,000 small and medium establishments in Oman

Dubai Chamber launches CSR programme to aid SMEs in the emirate

SMEs will be paired with large companies who will offer professional advice and resources tailored to its specific needs

saudi arabia covid-19

Saudi Arabia rolls out $1bn industrial support package

Gross domestic product is expected to shrink the most in two decades this year

UAE-headquartered business search engine Hubb launches globally

Hubb’s range of services include food delivery, property, manufacturing, motoring, travel, and job searches among others, via a ‘master app’ with 36 different industries

UAE’s Emirates Islamic offers free Business Banking debit cards to SMEs

The initiative will grant an alternative channel to customers seeking access to cash

Is it an opportune time to sell your business in the UAE?

A sound and consolidated service provider can assist owners in selling their businesses

Why UAE businesses must streamline sales through technology

UAE-based Saphyte provides businesses a software solution using intuitive design, automation and big data to create a competitive edge

Khalid Al Marzooqi Khalifa Industrial Zone Abu Dhabi

Khalifa Industrial Zone Abu Dhabi announces stimulus package for SMEs

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

UAE telco du launches digital platform for SMEs

The new platform will enable SME corporates to conduct simple, secure, and trusted business transactions

Mobile online banking

Video: Why banks and SMEs in the region should adopt mobile banking solutions

New mobile banking app from Comarch makes it easier for entrepreneurs to manage their day-to-day finance and business tasks

Survey suggests UAE SMEs are struggling for financing

SMEs reported tougher conditions in Q4, according to Gulf Finance