UAE

Council wants to broaden sources that can take security and calls for SME asset registry

SME Council bill ratified, along with key role for development bank

ADCB aim to strengthen presence in growing sector

Biannual event comes to the emirate for the second time

HSBC is cutting back on some of its SME banking services in the UAE following a two-year internal review, the lender confirmed.

Doha Bank, one of the leading GCC-based banks, has announced that it has earmarked US$1.5 billion (Dh5.5 billion) for small and medium enterprises in the UAE.

UAE total trade credit insurance to reach USD50 million in 2013.

Gulf Finance Corporation has announced plans to meet demand for Shariah-compliant asset finance for SMEs.

Emirates NBD (ENBD) expects lending to small businesses to double and top Dh1 billion (US$272 million) next year as Dubai's largest bank diversifies away from corporate and personal financing.

Dubai Islamic Bank (DIB) announced the launch of SME Business Solutions, a Sharia-compliant suite of products and services specifically developed to support the growth of small and medium enterprises (SMEs), including through the provision of Business Finance up to Dhs1.5million per customer.