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UAE banks extend $22bn in loans to SMEs in H1 of 2024: CBUAE

UAE banks extend $22bn in loans to SMEs in H1 of 2024: CBUAE

  • SMEs are a critical component of the UAE’s economy, accounting for over 95% of all enterprises and employing 86% of the private sector workforce
  • Companies receive financial support through preferential loans from the Emirates Development Bank
By MIGUEL HADCHITY  ·
Startup Wrap – Middle East SME funding activity flourishes with significant sums 

Startup Wrap – Middle East SME funding activity flourishes with significant sums 

By Nour El-Shaeri  ·
Saudi Monsha’at and Social Development Bank ink deal to boost SME financing

Saudi Monsha’at and Social Development Bank ink deal to boost SME financing

By ARAB NEWS  ·
Dubai sees 550% annual rise in global SMEs attracted to the emirate

Dubai sees 550% annual rise in global SMEs attracted to the emirate

By Arab News ·

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