#SMEs

Tony Hallside, CEO of STP Partners

SME story: How STP Partners leverages tech in its financial solutions

Tony Hallside, CEO of STP Partners, a full-service DIFC-based prime broker, discusses the firm’s innovative prime brokerage services, strategic successes, and future plans in the dynamic financial landscape

AI startup funding more than doubles in Q2, shows Crunchbase data

AI startup funding more than doubles in Q2, shows Crunchbase data

Five out of six billion-dollar funding rounds went to AI companies, Crunchbase data showed

Unlock Her Future: Empowering the region's female entrepreneurs

Unlock Her Future: Empowering the region’s female entrepreneurs

The Bicester Collection’s inaugural ‘Unlock Her Future Prize’ MENA Edition celebrates women entrepreneurs. Bicester Collection’s Chantal Khoueiry and the winners share how they are driving positive change

Jochen Knecht - CEO at IFZA on how the free zone is supporting startups and smes

IFZA CEO Jochen Knecht on how the free zone supports startups, SMEs

Jochen Knecht, CEO at IFZA, shares how the free zone is committed to empowering startups with the tools, resources, and support they need to succeed in a rapidly evolving business landscape

UAE banks provide Dhs15.6bn to trade, industrial sectors in Q1 2024

UAE banks provide Dhs15.6bn to trade, industrial sectors in Q1 2024

National banks accounted for 90 per cent of the combined credit to the two sectors, while the remaining 10 per cent (Dhs84.3bn) came from foreign banks

Abu Dhabi is MENA region's fastest-growing emerging startup hub, reveals study Image provided by Hub71 - Abu Dhabi's Global Tech Ecosystem

Abu Dhabi is MENA region’s fastest-growing emerging startup hub, reveals study

The GSER report highlighted Abu Dhabi’s strengths in the fintech, agtech and new food, and climate tech sectors, citing the density of talent, support resources, and startup activity

QATAR VC firm Rasmal ventures launches debut fund GettyImages-520283407-e1714712344221

Qatar’s Rasmal Ventures launches $100m debut VC fund

While sector-agnostic, the fund will have a strategic focus on climate and energy tech, fintech, supply chain logistics, B2B SaaS and AI

DFM unveils initial private offerings platform ARENA

DFM unveils initial private offerings platform ARENA

The new platform is a regulated alternative to conventional financing routes and helps private companies access capital markets

HUB71 WELCOMES 25 STARTUPS FROM 11 COUNTRIES AS PART OF ITS 14TH COHORT image hub71

Abu Dhabi’s Hub71 selects startups from 11 countries for 14th cohort

Eighty-one per cent of the startups in the latest cohort are headquartered outside the UAE

DIEZ unveils Dhs500m venture fund to finance tech startups

Dubai unveils Dhs500m growth initiative to support SMEs

The initiative is open to all SMEs founded in Dubai and is designed to empower businesses to expand internationally

Saudi's Aramco allocates $4bn to expands global VC programme Image: Getty Images

Energy giant Aramco allocates $4bn to expand global VC programme

Aramco’s venture capital programme supports the development of disruptive new technologies and creates diversification opportunities for Aramco while paving the way for collaborations with innovative startups

ADIB launches b2b digital marketplace for smes Image Supplied

Abu Dhabi Islamic Bank launches b2b marketplace for SMEs

The all-in-one digital platform aims to significantly reduce the cost of doing business for SMES by providing them with a wide range of exclusive offers and discounts

Khalifa fund TAMM

Khalifa Fund transitions services to TAMM platform, increases accessibility to SMEs

With the transition to TAMM, Khalifa Fund is poised to provide more efficient and accessible services to entrepreneurs in the emirate

jobs in UAE, Saudi Arabia

Family-owned businesses ‘make up 90%’ of UAE’s private sector

The vast majority of businesses in the UAE are, interestingly, family-owned businesses, according to a key organisation representing this sector

ADDED launches SME finance facilitator programme

ADDED launches SME finance facilitator programme

The programme aims to foster trust between SMEs and financial institutions, and lead to collaborative credit assessment

Virtuzone allots over Dhs50m to get businesses tax-ready

Virtuzone allocates over Dhs50m to get businesses tax-ready

The company will provide SMEs with free corporate tax registration, free accounting services, and compliance guarantee

Hub71 enahnces incentive programme to drive startup growth in Abu Dhabi Image Supplied

Hub71 revamps incentive programme, strengthens support for startups in Abu Dhabi

Startups can receive Dhs250,000 worth of in-kind incentives and an initial Dhs250,000 cash incentive for equity, with certain startups eligible to receive a top-up of up to Dhs250,000

EDB advances food security with Dhs721m in funding

EDB supports food security with Dhs721m under its five-year strategy

Food security is one of the five priority sectors that the development bank supports to contribute to the country’s national development agenda

Support for SMEs - Adnan Amin, CEO, COP28 and Ahmed Khalifa Al Qubaisi, CEO, Abu Dhabi Chamber

COP28 unveils programme to help MENA SMEs action net-zero strategies

COP28 and SME Climate Hub for MENA will provide free access to tools and resources to implement emission reduction strategies

MAF fosters entrepreneurship with Launchpad X

Here’s how MAF is connecting MENA startups with global markets

The Launchpad X concept store is home to a diverse range of local brands that have displayed outstanding innovation and growth potential

DCAI Accelerator Programmes attract 615 global startups Image Dubai Media Office

Dubai Centre for AI: Accelerator Programmes attract hundreds of global startups

Successful applicants will be invited to Dubai to work closely with government agencies to develop their projects and prepare for their implementation

8 great books to inspire ceos of a startup Getty Images

Startup reading list: 8 inspiring books for entrepreneurs

Whether you’re a budding entrepreneur or a seasoned business leader, these reads will equip you with the tools and wisdom to navigate the exciting world of startups

EDB launches supply chain financing for SMEs

EDB, Trade Capital partner to launch supply chain financing for SMEs

The MoU will see the creation of a working group to discuss new ways of delivering supply chain financing to small and medium enterprises in the UAE

Dubai Chamber attracts 69 startups in H1 2023

Dubai Chamber of Digital Economy attracts 69 startups in H1 2023

The chamber held meetings with multinationals, SMEs, startups and scale-ups during the first half of the year to showcase Dubai’s growth potential

Dubai Chamber attracts 50 SMEs to Dubai in H1 2023

Dubai Chamber welcomes 50 SMEs to Dubai in H1 2023

The chamber opened six new international representative offices during the first half of the year, bringing the total number to 21

Dubai Chamber expands global reach with Vietnam office

Dubai Chamber expands global footprint with Vietnam office

The office will support and guide Dubai-based companies seeking to expand into Vietnam throughout every stage of their international expansion

ADCB is rebranding its wholesale banking

Here’s why ADCB is rebranding its wholesale banking

The rebranded division brings in-depth knowledge and expertise across a range of markets across the Middle East

Dubai SME members awarded Dhs1.12bn in contracts in 2022 Image credit GettyImages-1214946297-e1682524082437

Dubai SME members receive Dhs1.12bn in contracts in 2022

The contribution of Dubai government bodies was worth Dhs552.51m, while federal government entities granted contracts worth Dhs88.2m

Boards must know that ESG isn’t just a buzzword

Boards must know that ESG isn’t just a buzzword. Here’s why

Many GCC enterprise boards have been serious about driving ESG initiatives and the pioneers include Aramco, Emirates NBD, Masdar and Majid Al Futtaim Group

UAE, Kazakhstan trade credit agencies sign an MoU

UAE, Kazakhstan export credit agencies sign agreement to boost trade

The two entities agreed to form a task force to explore more opportunities for cooperation, with a focus on seven strategic areas