Tag: SME Support
Amazon Smbhav: $250mn venture fund launched for Indian startups, entrepreneurs
American eCommerce giant Amazon has announced a $250 million venture fund to invest in Indian startups and entrepreneurs focusing on digitization of small and...
Emirates NBD joins with fintech platform MoniMove to promote SMEs
One of the largest banking groups in the Middle East, Emirates NBD has partnered with MoniMove, an award-winning fintech platform in order to support...
Qatar Stock Exchange unveils Venture Market to support SMEs
One of the leading financial markets in the region, the Qatar Stock Exchange (QSE) has launched its much-anticipated Venture Market, which offers a new...
Oman to reduce income tax on SMEs; offers foreign investors long-term...
Oman will reportedly lower income tax for small and medium enterprises (SMEs) in the time period of 2020-21, and provide long-term residency permits to...
UAE’s SRTI Park, EDB unite to bolster SMEs in the region
UAE's major free zone, the Sharjah Research, Technology and Innovation Park (SRTI Park) has signed an agreement with Emirates Development Bank (EDB) to support...
New fintech firm launches in Dubai to boost SMEs
A new digital treasury services management provider SH Capital (SHC) has been launched in Dubai to enhance small and medium enterprises (SMEs) by offering...
Kuwait’s NBK introduces Business Banking Plus to support regional SMEs
Kuwait’s largest financial institution, the National Bank of Kuwait (NBK) has launched Business Banking Plus, to offer services and solutions that help SMEs entrepreneurs...
Abu Dhabi launches $1.6bn worth supply chain financing initiative for SMEs
Abu Dhabi Department of Finance (DoF) has launched a $1.6 billion (AED 6 billion) supply chain financing initiative to support a range of sectors...
