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#SMEs

ADIB unveils nationwide business banking expansion plan

The expansion includes strategic collaborations with key partners specialising in serving the SME sector and leveraging its extensive network across key locations in the UAE

ICD, Banque Misr to provide $30 million SME finance

Since its inception, ICD has provided $315 million in financing to Egypt, supporting private sector companies, financing lines to banks and direct investments

AFS, Xpence partner to innovate SME finance in Bahrain

The alliance is poised to deliver unparalleled financial control and efficiency to Bahrain’s burgeoning SME sector

Emirates NBD unveils criteria for SMEs to participate in ‘Dubai Growth Initiative’

The first phase of the initiative is open to Dubai-founded SMEs in select sectors including food and beverage, FMCG and e-commerce

ADGM, Mastercard partner to empower SME community

The two entities will work with local banking partners to issue SME cards, which will offer a seamless and secure way to manage business expenses

Emirates NBD-Egypt, GV Developments partner to develop Tarboul Industrial City

Emirates NBD-Egypt is strengthening Tarboul Industrial City’s development by providing the project’s feasibility study

ADIB launches B2B marketplace to empower SMEs

The online platform is an ecosystem for SMEs and allows businesses to digitally access multiple services and offers

Paymob, Tamara partner to advance GCC SMEs growth

The deal between two of the MENA region’s fastest-growing fintech companies creates a payments ecosystem that enables merchants to offer seamless customer experiences

Al Baraka Bank Egypt, IFC partner to support SMEs

The multilateral bank’s $50 million Murabaha finance to Al Baraka Bank Egypt will allow the bank to increase financing to thousands of SMEs in the country.

Egypt’s Banque Misr secures $234 million from IFC to support SMEs

The loan to Banque Misr will catalyse job creation in Egypt through its focus on providing financing to micro and small businesses

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