The Mohammed bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME) has announced an ambitious plan to support the launch of 8 000 new Emirati businesses by the year 2033. This initiative will increase the total number of supported enterprises to 27 000. Ahmad Al Room Almheiri, Acting CEO of Dubai SME, emphasized...
du has formed a partnership with Ignyte, a digital platform developed by the Dubai International Financial Centre (DIFC) under the Sheikh Hamdan Initiative. This collaboration aims to accelerate artificial intelligence innovation, support startups, and enhance digital inclusion across the UAE, aligning with du’s mission to foster the growth of small and medium enterprises (SMEs) through...
Emirates NBD, one of the key banking groups in the MENAT region, has revived its popular Mega Foreign Exchange and Trade promotion, offering SMEs exciting rewards. With prizes totaling AED 2 million, the campaign aims to encourage businesses to enhance their cross-border payment and trade operations. Running until March 31, 2025, the promotion offers daily...
The Sharjah Entrepreneurship Festival (SEF) 2025 is set to enhance the landscape of enterprise and innovation through its Startup Town Zone, which is powered by du, a leading telecommunications and digital services provider. This year, the zone will feature over 150 startup pods, creating a vibrant and connected environment for individuals eager to impact the...
The Dubai Hub for Made in Italy, operated by Italiacamp EMEA, is playing a vital role in helping Italian small and medium enterprises (SMEs) thrive in the competitive UAE market. As the UAE positions itself as a global center for innovation and trade, Italian businesses are seizing unique opportunities to expand their presence in the...
Small businesses across the UAE are increasingly adopting digital payment apps to cater to customers who don’t carry cash, moving away from traditional cash transactions. These apps have emerged as a practical alternative to costly point-of-sale (POS) machines, which require significant investment, recurring fees, and business qualifications that many small vendors cannot meet. Entrepreneurs like...
Sharjah is stepping up its efforts to support entrepreneurs in the industrial sector. Ruwad, the Sharjah SME program, has unveiled a new industrial financing initiative that offers loans of up to Dhs800,000. The program also includes flexible payment plans and grace periods to help new businesses thrive. Hamad Ali Abdullah Al Mahmoud, Chairman of Sharjah...