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The Chamber successfully supported 75 local companies expanding into global markets
Company has notably teamed-up with major names like UAE Artificial Intelligence Office and FAB
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
UAE leads the region in the fintech startup sector, with over 550 companies currently operating in this field
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
The total number of DIEZ-registered companies saw a 4 percent rise during the first half of 2024
How Emirati female entrepreneurs help shape Abu Dhabi’s diversified economy
Hamdan Innovation Incubator supported 109 Emirati tech startups in H1 2024
During H1, the chamber trained 243 Emiratis as part of the 'Create Apps in Dubai' initiative
By 2029, the company seeks to achieve a turnover of $1.127 billion and a gross profit of $324 million
Challenge invites startups to propose AI solutions for different sectors including cybersecurity and GenAI in banking and finance
MENA startups raised $116 million in June 2024, bringing H1 total to $882 million
Business incubator program seeks to inspire development of impactful AI use cases that leverage Meta’s open-source AI stack
