Keeta, a technology-driven delivery platform, has announced a support initiative for small and medium-sized enterprises (SMEs) across Bahrain, reinforcing its commitment to strengthening local business ecosystems and supporting its partners.
National Bank of Bahrain (NBB) has signed a memorandum of understanding (MoU) with the Bahrain Development of Small and Medium Enterprises Society (BDSMEs) to strengthen support for the Kingdom’s SME ecosystem.
The small and medium‑sized enterprises (SMEs) across the Gulf region showed strong resilience through the first quarter, sustaining high levels of company formation and restructuring even as March brought renewed disruption linked to the regional tensions, said a report.
Sharakah, Oman’s leading SME development company, has signed a memorandum of understanding (MoU) to provide Anfal Industries & Trading Company SPC, an Omani-owned manufacturer and distributor of industrial, cleaning, and laboratory chemicals, a Shariah-compliant financing facility to support its working capital requirements.
Network International (Network), a leading fintech company with operations across the Middle East and Africa (MEA) region, said it has reached an agreement with leading UAE group Rakbank to buy its merchant acquiring business in the emirates.
