Saturday 5 September 2015
 
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SME

ODB to extend financing to more sectors

Oman Development Bank (ODB), a state-owned specialised bank for funding small and medium enterprises in Oman, is planning to extend its funding to more sectors including logistics, according to a report.   It is

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UAE’s SMEs sector outlook softens for Q3

Around 80 per cent of small and medium enterprises (SMEs) in the UAE are positive on growth outlook, despite seeing dips in payment collection and ability to raise finance during the next three months (Q3), a report said. Around 7

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Business leaders urge subsidy relief for SMEs in Bahrain

Subsidy relief must be offered to help small and start-up businesses succeed in the wake of planned government cuts, a prominent business leader has argued. Plummeting oil prices over the past 12 months have forced Bahrain to rethink its subsi

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Bahrain SMEs society elects new board

A new board led by Ahmad Alsaloom as chairman has been elected by the Bahrain Small and Medium Enterprises (SMEs) Development Society. Khalaf Hujair is the vice-chairman, with Abdul Karim Al Rashid, Nofal Al Kooheji, Adel Al Safar, Khulood Abd

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Bahrain SMEs society elects new board

A new board led by Ahmad Alsaloom as chairman has been elected by the Bahrain Small and Medium Enterprises (SMEs) Development Society. Khalaf Hujair is the vice-chairman, with Abdul Karim Al Rashid, Nofal Al Kooheji, Adel Al Safar, Khulood Abd

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Investment platform for European SMEs planned

UAE-based business organisation Arab Business Leaders plans to launch an investment platform for European small and medium capitalisation companies wanting to establish a presence in GCC markets. Investment operations will begin by the end of

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Sage, Deloitte to offer cloud service for SMEs

Sage, a leader in smart technologies, and Deloitte Consulting, a subsidiary of Deloitte, a professional services firm, have partnered to launch a cloud-based business management solution for small and medium enterprises. The tie-u

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Oman Air, Riyada sign SME development MoU

Flag carrier Oman Air has signed a Memorandum of Understanding (MoU) with Riyada, offering small and medium-sized enterprises (SMEs) greater ease of access to the airline’s supply chain. Riyada, the Public Authority for Smal

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SMEs champion equal employment opportunities in UAE

Women are just as likely as men to find employment in small and medium-sized businesses in the UAE, according to the latest research by business intelligence company MEED. About 50 per cent of the more than 50 top SMEs in the emir

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Gulf Finance launches business deposits

UAE-based Gulf Finance Corporation, a leading provider of finance to SME and micro businesses, launched its new business deposit solution, offering improved returns on short to medium term funds. “SMEs have a wide range of f

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