The vast majority of businesses in the UAE are, interestingly, family-owned businesses, according to a key organisation representing this sector
The programme aims to foster trust between SMEs and financial institutions, and lead to collaborative credit assessment
The company will provide SMEs with free corporate tax registration, free accounting services, and compliance guarantee
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
Food security is one of the five priority sectors that the development bank supports to contribute to the country’s national development agenda
COP28 and SME Climate Hub for MENA will provide free access to tools and resources to implement emission reduction strategies
The Launchpad X concept store is home to a diverse range of local brands that have displayed outstanding innovation and growth potential
Successful applicants will be invited to Dubai to work closely with government agencies to develop their projects and prepare for their implementation
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
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
The chamber held meetings with multinationals, SMEs, startups and scale-ups during the first half of the year to showcase Dubai’s growth potential
The chamber opened six new international representative offices during the first half of the year, bringing the total number to 21
The office will support and guide Dubai-based companies seeking to expand into Vietnam throughout every stage of their international expansion
The rebranded division brings in-depth knowledge and expertise across a range of markets across the Middle East
The contribution of Dubai government bodies was worth Dhs552.51m, while federal government entities granted contracts worth Dhs88.2m
Many GCC enterprise boards have been serious about driving ESG initiatives and the pioneers include Aramco, Emirates NBD, Masdar and Majid Al Futtaim Group
The two entities agreed to form a task force to explore more opportunities for cooperation, with a focus on seven strategic areas
The abundance of family money, rising government and financial support for startups complemented by the focus on economic diversification has put the region into the spotlight
The Saudi Industrial Development Fund supported over 100 beneficiaries through the industrial fund’s academic and advisory programmes
The bank will offer competitive financing solutions to support the adoption of advanced technology in the industrial sector
Virtuzone has launched TaxGPT to help UAE-based businesses get answers related to the upcoming corporate tax regime based on information from the UAE’s MOF and FTA
Here’s how to ensure your SME is set to deal with the advent of UAE’s corporate tax from June
The partnership will enable both organisations to pool their resources and capabilities to offer SMEs a more comprehensive suite of solutions and service
The bank’s credit guarantee scheme aims to help SMEs overcome challenges in accessing financing from conventional banks
The bank will provide exclusive benefits to Khalifa Fund members in accordance with the agreement
The drive for economic diversification and state-backed initiatives together with financial support for startups is fuelling Middle East’s venture capital industry
This partnership will help fast-track the account opening process for SMEs and deliver seamless banking services through the Wio Business app
The Islamic lender is the 11th commercial bank to join EDB’s credit guarantee scheme platform
The tax relief seeks to support startups and other small businesses by reducing their corporate tax burden and compliance costs
The digital bank offers SMEs seamless access to banking services while allowing them to move forward with innovative beyond-banking services