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GCC SME sector growth seen at 156pc to hit $920bnThe small and medium enterprises (SME) sector in the GCC region presents a potential of $920 billion with 156 per cent growth in the next five years, employing 22 million people, according to a new study by Mena Research Partners (MRP). More… |
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$1.6bn invested in Bahrain’s SME sectorAround $1.6 billion has been invested in Bahrain’s Small and Medium Enterprises (SMEs) over the past eight years thanks to a UN initiative, reported the Gulf Daily News, our sister publication. To read further, plea More… |
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$1.6bn invested in Bahrain’s SME sectorAround $1.6 billion has been invested in Bahrain’s Small and Medium Enterprises (SMEs) over the past eight years thanks to a UN initiative, reported the Gulf Daily News, our sister publication. To read further, plea More… |
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SMEs 'vital for jobs push'Small and medium enterprises (SMEs) are key to job creation both in Bahrain and across the region, said a senior official of Bahrain Institute of Banking and Finance (BIBF) at a seminar held in Manama. It was organised by the Mena Centre f More… |
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StanChart unveils key products for SMEsStandard Chartered said it has launched a wide range of unique products and services targeting the needs of fast growing small and medium enterprises (SMEs) in the UAE. The bank said the move was aimed at strengthe More… |
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NBAD launches new service for SMEsThe National Bank of Abu Dhabi (NBAD), the leading bank in the UAE, has launched a new service to support small-and medium-sized enterprises (SME). This campaign, which is available for a limited time, offers NBAD’s new and existing SME cu More… |
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SMEs employ over 50pc of UAE workforceThe SME (small and medium enterprises) sector employs more than 50 per cent of the UAE workforce, according to an international management and marketing expert. SMEs, which fall in the category of companies employing less than 250 employee More… |
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Tamkeen adds BMI Bank to new $26m schemeTamkeen has added BMI Bank (BMI) as another partner to its new BD10 million ($26.5 million) Finance Scheme, which will offer access to growth funds to Bahraini companies. The financing scheme with BMI will see Tamkeen subsidising up to More… |
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$26.5m Tamkeen fund to support SMEsA new BD10 million ($26.5 million) Support Fund will soon help 1,000 small and medium businesses affected by the recession, Tamkeen officials have announced. It is being developed by a joint committee consisting of Tamkeen, Bahrain Chamber More… |
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UAE inks SME pact with TanmiaUAE Ministry of Economy said it has signed a MOU with Tanmia, the National Human Resource Development and Employment Authority, to strengthen national creativity and innovation in SME sector. UAE Minister of Economy Sultan Saeed Al Mansour More… |
