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22 June 2025
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  • Al Madina Summer Fest Attracts Shoppers Across UAEwith Over 10,000 Free Trolleys

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  • Maroc Telecom and IFC Partner to Boost 4G Connectivity in Mali and Chad with €370 Million Investment

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  • Pak Datacom Signs MoU with Asia-Pacific Satellite Broadband Provider to Expand Digital Connectivity

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  • e& Egypt Officially Launches 5G Services, Accelerating National Digital Transformation

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  • Meta Launches ‘Teen Accounts’ on Instagram in Partnership with UAE’s Digital Wellbeing Council

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SME Financing

  • Investment

Algerian FGAR Finances 386 SMEs in 2024, Creating Over 8,000 Job Opportunities

Shahzaib5 months ago5 months ago02 mins

In 2024, Algeria’s FGAR funded 386 SMEs with a total of USD 427 million, creating over 8,000 jobs. The fund provided loans and financial guarantees across various sectors and regions, supporting business growth. Additionally, it recently expanded loan offerings to include both investment and operating loans.

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  • Digital Ecosystem

Numou Launches to Revolutionize SME Financing in the UAE with Innovative Digital Lending Platform

Shahzaib7 months ago7 months ago05 mins

Numou, a digital lending marketplace, has launched to streamline SME financing in the UAE. The platform connects businesses with a variety of lenders, reducing paperwork and processing time while increasing access to funding. The initiative supports the UAE’s economic growth by empowering SMEs with better financing options.

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  • Fintech

Rakbank Partners with Magnati to Launch New SME Financing Platform

Shahzaib9 months ago9 months ago02 mins

Rakbank and Magnati have teamed up to introduce a new SME financing platform, allowing merchants to access credit facilities through real-time transaction data from Magnati’s POS system. The platform offers services like business loans, equipment financing, and more, helping SMEs enhance their financial capabilities.

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