IsDB and Tunisia sign $60mln financing agreement

Of the amount, $50mln will be dedicated to supporting small and medium-sized enterprises

ITFC, Saudi EXIM sign agreement on $25mln financing for Egypt's Banque du Caire

The agreement aims to support export opportunities and enable Saudi small and medium enterprises to expand their business in Egypt

Dubai SME rolls out financial assistance for businesses affected by exceptional weather conditions

Dubai will provide financial assistance through new interest-free loans

Iraq and Turkey sign 26 cooperation deals

The deals cover investment, SMEs and power

Saudi fund to give RO25mn for development of SMEs in Oman

The agreement was facilitated by the Oman-Saudi Joint Committee for the management of a programme to support SMEs

Saudi Startups Received $198 Million in March 2024

The United Arab Emirates received the second most funding in the MENA region last March with $39 million raised across 12 deals.

MSMEDA, Kredit seal $2.1mln deal to finance SMEs

Both sides have also inked a contract worth EGP 50 million, which is the first tranche of the abovementioned financing

OIA firms spent $524.7mln on SMEs in 2023

OIA also released the second edition of its mandatory list, expanding it to include over 100 additional local products and services

MSMEDA injects over $1.06bln in less than 10 years

A significant portion of this funding, 47%, was directed to Upper Egypt’s governorates, reflecting their financial needs and developmental priorities

Dhofar Islamic introduces the SME Business Banking Account in Oman

This account comes in line with the Oman Vision 2040