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Mastercard SME Confidence Index: Optimism at a high as businesses in the UAE embrace digital growth and expansion

Small and medium enterprises (SMEs) in the UAE are entering 2025 with strong optimism, fueled by a thriving digital economy, strong government support, and...

Needs of the Heart

How does your bank define or categorise SMEs? SMEs are the backbone of the UAE economy, accounting for more than 94% of businesses and playing...

Emirates NBD brings back its Mega Foreign Exchange and Trade customer promotion for SME customers

Emirates NBD has announced the return of its Mega Foreign Exchange and Trade promotion, making it more rewarding than ever for Business Banking customers...

Mastercard and Boost partner to fuel growth of MSMEs to accelerate cash digitization in FMCG distribution networks

Mastercard and Boost, the business-to-business (B2B) commerce platform, have partnered to drive the growth of small businesses operating in last-mile fast-moving consumer goods (FMCG)...

Emirates NBD joins National Incubator Network

Through the National Incubator Network, Sandooq Al Watan aims to offer comprehensive support and development for SME initiatives

Magnati partners with Aafaq Islamic Finance to support SMEs with Embedded Financial Solutions

Magnati, a leading payment solution provider in the Middle East, has partnered with Aafaq Islamic Finance, an innovative digital Islamic finance provider, to launch...

Emirates Development Bank and Emirates Islamic to collaborate on credit guarantee scheme supporting SMEs in the UAE

Emirates Development Bank (EDB) and Emirates Islamic have announced the signing of a Memorandum of Understanding (MoU) to collaborate on a joint credit guarantee...

Mashreq launched ‘Supplier Finance’ program to provide SME’s easy access to cost-effective liquidity

Mashreq have launched their ‘Supplier Finance’ program to facilitate easy access to working capital for SMEs in the region. The new initiative leverages the credit...

Commercial Bank of Dubai and Dubai Culture partners for smart banking solutions that meet the needs of Creative SMEs

Dubai Culture and Arts Authority (Dubai Culture) signed a partnership agreement with Commercial Bank of Dubai (CBD) to enable owners of creative small and...

Mashreq signs strategic MoU with Dubai South to support SMEs

Mashreq has entered into a strategic partnership with Dubai's largest single urban master development, Dubai South, with a remit to build banking and financial...

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