Thursday 31 July 2014
SME sector

SMEs 'vital for jobs push'

Small and medium enterprises (SMEs) are key to job creation both in Bahrain and across the region, said a senior official of Bahrain Institute of Banking and Finance (BIBF) at a seminar held in Manama. It was organised by the Mena Centre f


StanChart unveils key products for SMEs

Standard Chartered said it has launched a wide range of unique products and services targeting the needs of fast growing small and medium enterprises (SMEs) in the UAE. The bank said the move was aimed at strengthe


NBAD launches new service for SMEs

The National Bank of Abu Dhabi (NBAD), the leading bank in the UAE, has launched a new service to support small-and medium-sized enterprises (SME). This campaign, which is available for a limited time, offers NBAD’s new and existing SME cu


SMEs employ over 50pc of UAE workforce

The SME (small and medium enterprises) sector employs more than 50 per cent of the UAE workforce, according to an international management and marketing expert. SMEs, which fall in the category of companies employing less than 250 employee


Tamkeen adds BMI Bank to new $26m scheme

Tamkeen has added BMI Bank (BMI) as another partner to its new BD10 million ($26.5 million) Finance Scheme, which will offer access to growth funds to Bahraini companies. The financing scheme with BMI will see Tamkeen subsidising up to


$26.5m Tamkeen fund to support SMEs

A new BD10 million ($26.5 million) Support Fund will soon help 1,000 small and medium businesses affected by the recession, Tamkeen officials have announced. It is being developed by a joint committee consisting of Tamkeen, Bahrain Chamber


UAE inks SME pact with Tanmia

UAE Ministry of Economy said it has signed a MOU with Tanmia, the National Human Resource Development and Employment Authority, to strengthen national creativity and innovation in SME sector. UAE Minister of Economy Sultan Saeed Al Mansour

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