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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...

Mambu launches flexible product for SME lenders

Mambu, the market-leading SaaS cloud banking platform, has unveiled a fully digital solution for SME lenders that cuts costs and time to market. The platform...

Emirates Islamic launches campaign to provide relief to SMEs amid surges in freight costs

Emirates Islamic has introduced a preferential pricing campaign, aimed to assist existing small and medium enterprise (SME) clients, by offering relief in terms of...

Emirates Development Bank and Mashreq Bank join hands on Credit Guarantee Programs for SMEs in UAE

Emirates Development Bank (EDB), a key financial enabler of the country’s economic diversification and industrial transformation agenda, has signed a Memorandum of Understanding (MoU)...

The emergence of neobanks: Reshaping the banking and financial services landscape

By 2028, the global neobanking market size is estimated to reach USD 722.6 billion, a seemingly ambitious forecast, but indicative of current trends shaping...

Lessons from the pandemic: how the digitisation of the SME sector was an essential step for the industry’s growth-journey

The digital transformation is rapidly accelerating as a result of the COVID-19 pandemic, advancing in terms of consumer and business digital usage by up...

National Bank of Fujairah launches the first-of-its-kind SME community platform in the UAE

National Bank of Fujairah (NBF) announced the launch of NBF Connect, a dedicated and exclusive banking platform for Small and Medium Enterprises (SMEs) and...

Emirates Islamic introduces Digital Business Banking package with low minimum balance requirement

Emirates Islamic launched a Digital Business Banking package that empowers entrepreneurs, Small and Medium Enterprises (SMEs) and new start-ups in the UAE, to open...

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