AGP Executive Report
Last update: 6 hours agoSME Funding in UAE: Sharjah’s Ruwad (Ruwad Foundation) approved about $430,000 for three SME projects—including hospitality, plus industrial and quality certification/standards consultancy support—bringing 2026 total financing to $874,000. SME Support Amid Middle East Cost Pressure (Gulf): Singapore announced a S$900m support package tied to the Middle East conflict’s impact on energy and operating costs, including enhanced Enterprise Financing Scheme, a one-off SME cash grant, and rental support for market and hawker stallholders. Saudi Logistics Expansion: Lalamove launched in Riyadh, expanding its Middle East footprint and rolling out Arabic-language and right-to-left app/local support aimed at local SMEs, with cash payments retained. Digital Banking Recognition (Qatar): QNB Group won “Best Digital Bank” in Qatar and “Best for Product Marketing” across MENA at the MEED MENA Banking Excellence Awards, citing new digital features and growth in digital adoption, including services for small businesses. Entrepreneurship in Iraq: An Erbil festival offered free booths to entrepreneurs, spotlighting small business activity in the region.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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