Thursday 24 April 2014
 
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SME

New UAE law to award 10pc contracts to SMEs

A new United Arab Emirates (UAE) legislation aims to boost the growth of small and medium-sized enterprises by  requiring 10 percent of future federal government contracts to be awarded to SMEs, the economy minister said on Sunday.

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Plastics industry 'offers huge potential for SMEs'

The GCC plastics industry offers a tremendous opportunity for the emergence of a dynamic small and medium enterprises (SME) sector, a major conference heard. “Manufacturers who transform basic plastic products into finished

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Tamkeen pledges to support SMEs

A decision making it mandatory for small and medium enterprises to hire national labour force to avail Tamkeen's financial support is hindering their growth, Tamkeen chairman and acting chief executive Shaikh Mohammed bin Essa Al Khalifa s

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Qatar taps SMEs to fuel tourism growth

Qatar Development Bank (QDB) has joined hands with Qatar Tourism Authority (QTA) to help small and medium enterprises in the country to make investments in the tourism sector. The initiative is aimed at helping them tap the busine

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Al Futtaim Motors takes part in SME summit

Al-Futtaim Motors, the exclusive distributor of Toyota in the UAE, took part as the automotive partner in the SME World Summit, which concluded in Dubai today (March 27).   The SME World Summit is a business meet

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Bahrain SMEs 'on the verge of closure'

Thousands of small and medium enterprises (SMEs) in Bahrain are on the verge of closure, warned businessmen.   They say around 5,000 businesses are still struggling to stay afloat as they have not recovered from

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Bahrain SMEs get special offers on Nissan

Bahrain SMEs Development Society said YK Almoayyed & Sons, a diversified business group, has offered special prices on all models of Nissan vehicles  to its members. The members of the society will also get financing faci

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Bahrain’s SMEs facing tough financing options

In a region where small and medium sized enterprises (SMEs) are being promoted by governments as strategic economic motors of the future, there is a certain irony that the entrepreneurs behind them still cite financing as one of their main obsta

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Venture investors target Levant digital sector

Venture capital investors in Mena have their eyes set on the digital sector with almost half of all such investments going to this sector, a report said. Most ventures happened in Tunisia, Morocco and Lebanon, who currently lead t

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Batelco, Tamkeen give SMEs access to top solutions

Bahrain’s leading telecom operator Batelco, in partnership with the kingdom’s labour fund Tamkeen, has made its solutions accessible to small and medium enterprises through the fund’s Technia Scheme. Under the sc

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