AGP Executive Report
Last update: an hour agoSME Launch in Dubai: Dubai’s Department of Economy and Tourism rolled out “SME in a Box,” a one-stop platform to help founders set up faster and cheaper via licensing support, banking, digital payments, logistics and telecoms, with partner offers estimated at AED 80,000 value per business. UAE Startup Financing: Abu Dhabi’s MBRIF teamed with Numou (ADGM) to widen financing pathways for innovation-backed firms, adding workshops and referrals into MBRIF guarantee and accelerator schemes. Banking for SMEs in Kuwait: NBK launched the “Daily Call” Account for SMEs, offering daily interest, no minimum balance, multi-currency savings and a cash reward up to KD 1,500 for early holders. Refugee-to-Enterprise Support in Egypt: WFP and KOICA completed a $6m programme training 14,000+ refugees and host community members in vocational skills and microgrants, with 39% starting income activities within six months. Fraud Pressure on Public Funds: The US DOJ announced new charges over $50m stolen from taxpayer programmes, a reminder for SME operators to stay alert to scams and compliance risks.
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