A new report produced by Oxford Business Group (OBG) in partnership with Qatar Development Bank maps out the country’s efforts to focus on entrepreneurial activity and innovation for its long-term growth strategy. The Business Journey Report highlights Qatar’s start-up and SME ecosystem, combining detailed analysis, key data and infographics relating to...

Saudi Arabia's General Authority for Small and Medium Enterprises (Monshaat), represented by the Commercial Franchise Center (Emtiyaz), is participating at the International Franchise Forum in Dubai, providing 10 Saudi brands an opportunity to franchise their brands and expand globally. The Forum was launched on Tuesday and will run for two...

Emirates Development Bank (EDB) has signed a strategic agreement with Dubai Industries & Exports (Dubai IE) to provide innovative financing and banking solutions to SMEs and corporates The initiative is aimed at supporting the growth of UAE’s industrial sectors and exports. Ahmed Mohamed Al Naqbi, CEO of EDB, said EDB...

The Emirates Development Bank (EDB) has signed an MoU with the National Bank of Fujairah (NBF) to offer credit guarantees and co-lending for SMEs in the UAE. Under the agreement, EDB will provide credit guarantees or a co-lending program to the NBF's SME customers. NBF will offer up to AED10...

The Global Manufacturing and Industrialisation Summit (GMIS) announced on Thursday a partnership with First Abu Dhabi Bank (FAB), that will explore the latest trends and opportunities to improve access to finance for Small and Medium Enterprises (SMEs) and drive sustainable industrial growth both globally and in the UAE. Through joint...

DP World said the agreement with Al Masraf strengthens its commitment to facilitate business activities of more than 8700 clients operating under the free zone.

Etihad Credit Insurance (ECI), the UAE Federal export credit company, and SACE, the Italian export credit company (CDP Group), have discussed the progress of sustainable development projects, trade finance of SMEs and the Halal sector.The review meeting was held as a follow-up to the MOU signed between the two Export...

DUBAI: An incubator to support Small and Medium Enterprises in Oman will be established by Oman’s Authority for Small and Medium Enterprises Development (Asmed) in collaboration with Oman Drydock Company. The incubator will be specialized in the logistics sector, supply chains, and services affiliated with the Public Authority for Special...

DUBAI: To promote agri-food projects and investments, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the insurance arm of the Islamic Development Bank (IsDB) Group, and the Islamic Food Processing Association (IFPA), signed an agreement on Saturday. The agreement will provide ICIEC and IFPA a general...

Eligible for exemption are those wishing to issue a new trade register from the financial equivalent for three years and reduction for subsequent years.

Emirates Development Bank has signed an agreement with peer-to-peer platform Beehive to expand funding options for the small and medium-sized enterprises.

Chamber members can set and verify their business profiles on Google Search and Maps  The tool can generate a customized total score for each business’s online readiness  Dubai: Members of the Dubai Chamber can set and verify their business profiles across single or multiple locations on Google Search and Maps using...

The bank is expected to use this to grant further loans to SMEs hit by Covid-19 and hurricanes This is the fourth OFID loan to Banco Ficohsa The OPEC Fund for International Development has sanctioned a loan of $25 million to Honduran lender Banco Ficohsa, said local reports on Friday,...

SMEs identify easier access to funding, digital payments, training and upskilling staff as key drivers of growth Rising cost of doing business worries the majority Confidence of Small and Medium Enterprises (SMEs) in the UAE is on the rise after the disruptions caused by the Covid-19 pandemic, says a Mastercard...

QRDI Council's 10-year strategy, QRDI 2030, aimed at creating create locally-empowered and globally-connected RDI ecosystem Council explains how RDI will build upon the country’s existing world-class infrastructure Research, Development and Innovation are key to unlocking success and prosperity in the future, where the success of nations will be determined by...

Academy likely to help 1,000 startups and SMEs grow their businesses using TikTok  Participants will have access to a business campus workshop designed to support entrepreneurs Dubai Chamber TikTok Academy will be launching a five-week educational program, in which businesses can learn about content creation, digital marketing besides best practices...