#SMEs

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

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

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

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

Kuwaiti MPs urge the government to relax Covid-19 restrictions or compensate businesses

Health clubs, salons and barbershops have been closed for a month, while malls and shops need to stay shut from 8pm until 5am

Lenka Basweidan Founder of Arabee Learning

The SME Story: Lenka Basweidan, founder of Arabee Learning

Arabee takes the children on a continuous journey, using language patterns and vocabulary repetition the same way they learn their mother tongue.

Abu Dhabi

Abu Dhabi announces Dhs6bn boost for SMEs

The programme is funded by Ghadan 21’s SME credit guarantee scheme

SME Breakfast web

GB Talks: Understanding SME financing in the UAE

Featuring an expert panel discussion on alternative means of financing as well as motivational talks, the event offered plenty of insights for SMEs

UAE SMEs receive Dhs420m trade credit support during Jan-Nov 2020

Etihad Credit Insurance insured the exports of the SMEs as well as their operations in the domestic market allowing them to stay competitive

UAE’s non-oil GDP to grow 3.6% by end 2021

The UAE has rolled out economic support packages worth more than Dh388bn to mitigate the impact of the pandemic

Exclusive: Dubai Chamber’s CEO on the emirate’s recovery from the pandemic and increasing focus on startups

Companies are reinventing their business models and fast-tracking digital strategies as they prepare for a post-pandemic recovery, opines Hamad Buamim

Bahrain

Bahrain boosts access to funding for SMEs, startups

Changes in law allows small enterprises to fundraise via convertible notes and employee shares schemes

How diversification can ensure sustainable growth in the GCC

Credit downgrades and double-digit deficits poses challenges for regional countries that are not diversifying their economies

Peter Maerevoet

Why SMEs should consider export factoring when seeking funding

Export factoring provides a full suite of trade finance benefits including cash advances, credit protection, and collections and reconciliation services

Nasdaq Dubai Growth Market

Dubai launches new stock market for SMEs

The Nasdaq Dubai Growth Market will be operational by early 2021

GCC’s e-commerce sector set to reach $50bn by 2025

Businesses in the retail sector must make the online transition to firmly position themselves in the post-Covid retail revival

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