ADIB introduces new innovative digital marketplace for SMEs

By Shilpa Annie Joseph, Official Reporter
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ADIB Business Souq by ADIB
Rep. Image | WAM

Abu Dhabi Islamic Bank (ADIB) has introduced ADIB Business Souq, an innovative digital marketplace designed to provide comprehensive support to Small and Medium-sized Enterprises (SMEs).

ADIB Business Souq is an online ecosystem for SMEs that allows businesses to digitally access multiple services and offers. The platform continuously adds new services and offers from various businesses in the UAE.

According to the statement, this all-in-one digital platform aims to significantly reduce the cost of doing business by offering a wide range of exclusive offers and discounts.

Mr. Amit Malhotra, Global Head of Retail Banking at ADIB, commented that “the ADIB Business Souq is a game-changer for SMEs in the UAE. It is a one-stop platform that digitally connects SMEs with essential services such as accounting, HR, consultancy, and IT, all digitally accessible. This platform is a testament to ADIB’s commitment to supporting the growth and success of SMEs.”

Users can access these offers by visiting the ADIB Business Souq platform, where they can log in using their UAE mobile number, name, and OTP.  Once logged in, they can select the desired offer, fill out a request form, and expect partner brands to respond within 48 working hours to process the request.

“Users will receive email and SMS notifications once a request is raised and they can also be tracked in the history tab. They will then receive a call from partner brands to discuss their requirements and finalize pricing after applying discounts. A confirmation email from partner brands will notify users when their offers are active,” as per the statement.

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