Browsing: SMEs

Ras Al Khaimah Economic Zone (RAKEZ) organised an exclusive session for its clients, focusing on the practical applications of Artificial Intelligence (AI) in sales and marketing. The event aimed to demystify AI, presenting it as a useful tool that businesses, particularly SMEs, can use to enhance their growth.

The UAE and Azerbaijan have committed to strengthening their bilateral economic partnership across various sectors,…

The CEOs Advisory Council of the UAE Banks Federation (UBF), the sole representative and unified…

Exits Mena, a premier fintech platform for startups and SMEs in the MENA region, has…

AD Ports Group and the International Trade Centre (ITC), a joint agency of the United Nations and the World Trade Organization (WTO), signed a Memorandum of Understanding (MoU) today to collaborate on trade facilitation, digital trade, logistics, and transport. This cooperation will involve policy dialogue, digital trade solutions, capacity building, experience sharing, and technical assistance.

Abu Dhabi Chamber of Commerce and Industry has signed a strategic partnership agreement with e& UAE to assist small and medium-sized enterprises (SMEs) in the emirate.

The UAE is set to significantly enhance its industrial sector through a substantial allocation of…

Dubai’s RTA has revealed a fresh blueprint for the land transport and logistics sector, aiming to double its economic contributions to AED16.8B ($4.6B) while reducing carbon emissions by 30%.

Saudi Arabia’s banking and finance sectors provided SR 275.576B ($73B) in facilities to SMEs over six years, with a growth of 154%, reaching SR 167.1B ($45B) by 2023, compared to SR 108.519B ($29B) in 2018. Annually, facilities extended increased by 20.3%, reaching SR 46.544B ($12B) by 2023, contrasting with SR 229.032B ($61B) by 2022.

H.E. Abdulaziz Al-Ghurair, Chairman of UAE Banks Federation (UBF), the sole representative and unified voice of the UAE banks, said that the increase in consumer confidence in the UAE banking sector from 84% in 2022 to 90% in 2023 reflects its continuous development, as customer trust is an important pillar in banking and finance. He explained that the UAE ranks above the global average in the Trust Index and ranks higher than prominent international financial centres, which confirms the banking sector’s ability to meet the requirements of diverse customer segments.