Tag: SMEs
Mashreq becomes first bank in the UAE to guarantee business account opening for SMEs...
Mashreq, a financial institution in the MENA region, has announced the launch of its groundbreaking One-Day Service Promise to business customers, making the bank...
RAKBANK and Emirates Growth Fund signed strategic MoU at Make it in the Emirates...
RAKBANK and Emirates Growth Fund (EGF) signed a Memorandum of Understanding (MOU) at Make It in the Emirates, marking a strategic alignment between two...
RAKBANK strengthens support for UAE SMEs with expanded financing, relief measures and growth incentives
RAKBANK reaffirmed its long-standing commitment to the UAE’s SME sector, announcing a series of measures aimed at strengthening business resilience, maintaining credit flow and...
Qashio launches SME support initiative with Dubai Chambers
Qashio, a spend management platform headquartered in Dubai, has announced the launch of “Qashio For You”, a targeted initiative designed to support small and...
RAKBANK and Network International complete merchant acquiring transaction in the UAE
Further to the announcement made on 28 November 2025 regarding the strategic partnership between RAKBANK and Network International (Network), the transaction has now successfully...
Wio Bank redefines SME banking with embedded finance services
UAE digital bank Wio Bank is introducing a new embedded finance service designed for the country’s small and medium-sized enterprises (SMEs).
The initiative, which includes...
Egypt’s Noqood Finance secures SME finance licence
Noqood Finance, a unit of Noqood Holding, has secured a licence to engage in financing small and medium-sized enterprises (SMEs) under the supervision of...
UAE’s 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
Egypt’s EFG Finance secures license for its new NBFI venture
The new venture is poised to complement EFG Finance’s core offering by catering to the financing needs of SMEs in Egypt
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