Wamda

Regional

Moonbase Capital launches $15 million SME investment vehicle

Spain-based search fund investment firm Moonbase Capital has launched a $15 million investment vehicle aimed at backing talented...

Moonbase Capital smes

Egypt

Egypt launches $109 million Avans Manara fund of funds

Egyptian banks and institutions have partnered to launch the “Avans Manara” fund, with total targeted investments amounting...

Avans Manara smes

U.A.E

UAE aims to host 20 unicorns by 2031

The UAE aims to become home to 20 unicorns by 2031, this comes as part of its Entrepreneurial Nation initiative aimed at supporting the...

smes Entrepreneurial Nation

Palestine

EIB backs Palestinian startups with a $50 million grant to Bank of Palestine

The European Investment Bank (EIB) announced a $50 million grant to the Bank of Palestine to support the Palestinian private...

palestine smes EIB

Saudi Arabia

Jada Fund of Funds company invests in Alpha Capital

Source: Saudi 24 news “Jada” Fund of Funds Company, which is one of the Public Investment Fund companies, has signed a...

Alpha Capital Jada Fund of Funds smes

Regional

Veolia launches accelerator for social startups and SMEs

France-based Veolia has launched an acceleration and mentoring programme, aimed at supporting social startups and SMEs across the Middle...

Veolia acceleration smes

U.A.E

Dubai Crown Prince launches Nasdaq Dubai Growth Market for SMEs

Source: WAM H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has launched the Nasdaq Dubai Growth Market, a...

smes Nasdaq Dubai Growth Market Dubai Financial Market

Egypt

Paymob raises $3.5 million

Egypt-based financial technology (fintech) startup Paymob, has raised $3.5 million from Global Ventures and the Dutch Entrepreneurial...

Paymob smes Fintech

Oman

SIDF signs two investment agreements to support SMEs in Oman

Source: Times of Oman Shumookh Industrial Development Fund (SIDF) signed two investment agreements with a total value exceeding...

SIDF Oman smes

U.A.E

Dubai SME allocates Dh20 million in loans

Source: The National Dubai SME, a part of Dubai Economy, allocated Dh20 million to a capital guarantee scheme backing peer-to-peer loans...

Dubai SME smes

U.A.E

MCKD launches grant program to support freelancers, SMEs

Source: The National The Ministry of Culture and Knowledge Development (MCKD) has launched a programme to support freelancers and SMEs...

covid-19 MCKD smes

U.A.E

Axeed labs announces $272,000 launchpad for startups, SMEs

Source: Trade Arabia Axeed labs, the UAE-based mobile application and software development firm, has launched its Dh1 million ($272,000)...

smes Launchpad Covid19

U.A.E

Abu Dhabi unveils a $13.6 billion program to grow public and private sectors and boost SMEs

Abu Dhabi Economic Vision 2030 has put forward the need to build a resilient infrastructure that supports economic growth and develops a...

smes abu dhabi

Global

Positive ICT growth in the Arab world reflects more opportunities for SMEs

The 'smart' use of information and communication technology (ICT) by companies is a critical factor for success in innovation,...

ITU ict smes

Regional

GSMA Ecosystem Accelerator Innovation Fund - Round 2

The GSMA Ecosystem Accelerator Innovation Fund provides selected startups from Africa and Asia Pacific with equity-free funding, technical...

GSMA smes entrepreneurship

Oman

One-stop shop for Oman’s entrepreneurs launches at Oman SME Summit 2015

Al Sayyid Dr. Adham Turki Al Said addresses the summit. (Images via International Finance Magazine) Omani entrepreneurs in search of...

oman sme summit 2015 sme summit smes

Kuwait

Kuwait National Fund partners with the World Bank to support local SMEs

The State of Kuwait is aiming to develop the entrepreneurial spirit among Kuwaitis, help the country take a major stride in efforts to...

Kuwait National Fund fund partnership

Egypt

Egypt startups need a big business leg up

During an International Development Research Centre (IDRC) roundtable on Tuesday, co-hosted by the Egyptian Centre...

smes world bank Bazaar in Egypt

Egypt

Egypt is in urgent need of smaller business

All big businesses were once small. Super billionaire Bill Gates was once a young guy in a garage. His giant, Microsoft, didn’t become a g...

smes event Egypt

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