Saturday 23 November 2024
 
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SME financing

GCC banks to see loan growth of 4.9pc in 2017

Despite current business conditions, GCC banks are expected to register a solid loan growth of 4.9 per cent in 2017, a report said. This is, however, far lower than the average annual growth of 9.2 per cent recorded between 2012 a

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Dubai mulls crowdfunding for SME financing

The Dubai Financial Services Authority (DFSA) has launched a consultation on its proposed framework for regulating loan-based crowdfunding platforms. The consultation is the first in a series of papers which set out the DFSA&rsquo

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Dubai Chamber in major bid to boost industrial sector

Dubai Chamber of Commerce and Industry has outlined a number of challenges faced by industrial companies, as well as several recommendations to boost growth in the sector as part of its support to the Dubai Industrial Strategy 2030.

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