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Driven by robust demand from both existing and new clients
This funding round was spearheaded by tali ventures, with additional contributions from the Dutch Founders Fund and Crescent Ventures
SME loans made up 9.5 percent of 232.9 billion in financial facilities for commercial and industrial sectors as of June
The initial focus of Project Aperta will be on trade finance for SMEs
Digital upskilling, tailored expertise and a global platform will help SMEs faster climb the ladder to success
CEOs of unicorns noted that Dubai is an ideal gateway for launching global digital initiatives
In5 Science provides a platform for over 35 innovative science start-ups
The platform aims to improve government solutions for better service delivery and adaptability
At the event, DBLC will launch solutions to enhance the investor experience and improve business operations in Dubai
The chamber will showcase the top facilities and infrastructure in the emirate for supporting digital startups
EDB will provide guarantees of up to 50 percent for the financing offered to SMEs by ADIB
During its pilot phase, the program awarded 54 contracts to 49 SMEs, averaging AED1.8 million each
Seven startups will join Hub71+ ClimateTech, gaining tailored resources for their sustainability missions
How Emirati female entrepreneurs help shape Abu Dhabi’s diversified economy
Hamdan Innovation Incubator supported 109 Emirati tech startups in H1 2024
MENA startups raised $116 million in June 2024, bringing H1 total to $882 million
Unmatched advantages and incentives for business owners make UAE the perfect launch pad
The emirate was also recognized for its strengths in the FinTech, AgTech and New Food, and ClimateTech sectors
The event will feature over 2,300 exhibitors from more than 165 countries and is set to welcome new destinations
Two new MoUs signed by four UAE and South Korean institutions
The initiative seeks to advance tech sectors in the Middle East and Africa
The deal covers various sectors such as energy, artificial intelligence, health, and hospitality
Fueling the startup ecosystem