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There is a significant opportunity for banks and financing institutions as almost 50,000 UAE-based Small and Medium Enterprises (SMEs) are on the lookout for additional capital and financing... (more…)
HSBC International Trade SME Fund has allocated AED570 million (EUR126.6 million) in three months . (more…)
#bank#international#International Trade
Dubai SME, the agency of the Department of Economic Development, has mandated to develop the SME sector, and Shuaa Capital,…
#bank#management#SME financing
HSBC launches a fund for SMEs with international trading requirements. (more…)
The Dubai Chamber of Commerce and Industry has signed a Memorandum of Understanding (MoU) with the National Bank of Abu…
#bank#financial services#liquidity
Sharjah-based InvestBank has opened a second subsidiary named Al Imdad, which specialises in trade financing and supply chain logistics for…
Dubai-based Shuaa Capital, the investment bank undergoing major restructuring, is expanding its profitable credit finance business Gulf Finance Corp (GFC)…
#bank#banks#Credit Suisse
Mubadala GE Capital, a specialised commercial finance company that provides structured financing solutions to businesses, including SMEs, has seen the…
#commercial finance#management#risk management
Mashreq, one of the UAE's financial institutions, has appointed Hameed Noor Mohamed as their new Head of SME Banking. (more…)
#ANZ#bank#management
Emirates NBD has announced that its lending to SMEs has grown 30 per cent this year and plans to double…
The United Arab Emirates branch of the global credit insurer Coface and the Commercial Bank of Dubai (CBD) have signed…
#bank
HSBC has announced that its second $100 million SME fund, a dedicated fund for United Arab Emirates (UAE) SMEs, has…
The National Bank of Abu Dhabi (NBAD), has added three new business current accounts exclusively for SME clients. (more…)
#bank#economy#GDP