SME10X

Sprudel® - the planet-friendly water company®, proudly supports the UAE’s Make it in the Emirates initiative. By focusing on local manufacturing, the company strengthens economic resilience and significantly reduces its carbon footprint. Partnering with Dubai and Sharjah-based manufacturers, Sprudel tailors its products to meet the local hospitality sector's needs while contributing to the UAE’s goal of increasing industrial GDP to AED 300BN by 2031. Shawn Green Click here to know more about their mission: https://lnkd.in/gGkHKTni #sme10x

Fintech, enhanced by AI, is transforming the financial sector in the UAE between traditional financial entities and fintech startups. In this globally oriented marketplace, the development of AI and fintech is taking a clear lead — from supporting intelligent decision-making at startups to analysing historical data to predict future trends and enabling financial market participants to make data-driven decisions and optimise operations. Otkritie | Synapse Analytics | Fintech Galaxy | PayMEE FinTECH Ltd | PACI | The Accounter | Bankr Click here to read the complete article: https://lnkd.in/gbHvBkvQ #sme10x

DIFC-curated Ignyte is a game changer for Dubai’s startups—connecting entrepreneurs with global investors, mentors, and corporate partners. The new platform offers entrepreneurs a hotbed of opportunities, reinforcing UAE’s reputation as a global hub for startups. As a launchpad for ideas to accelerate innovation and business growth, it is exciting times ahead for startups thanks to a business-friendly regulatory environment and economic vibrancy. Arif Amiri | Startup Genome | Dr. Adil Alzarooni | Sara Al-Sayegh | eng. HAZZA ALTUNEIJI #sme10x

As the 2024 UAE Future Tech Talent Report shows, the country’s reputation is a major magnet for global talent. But with AI-driven hiring up 90% and 83% of businesses relying on offshoring, the question lingers: Can the UAE sustainably scale its tech ecosystem, balancing both global talent acquisition and its push toward Emiratization? The report challenges us to rethink the UAE’s role in the global race for tech leadership. Ministry Of Economy, UAE | Integra Seven Click here to know our take on this: https://lnkd.in/g_8d7Q4B #sme10x

A recent report by SEC Newgate Middle East reveals 90 percent of UAE residents prioritise corporate #ESG responsibility, emphasising transparency and societal roles, with 83 percent believing profitability and ESG success can coexist. Elena Gramatica | Fiorenzo Tagliabue Click here to read the complete story: https://lnkd.in/gMZf_H3v #sme10x

Hello there, Welcome to this week’s edition of SME10X, where we explore the transformative moves and emerging trends across the GCC. 1. Saudi Arabia’s Public Investment Fund (PIF) has recently acquired a 54% stake in MBC Group for SR7.46 billion ($1.99 billion), marking a powerful investment in the media sector. By securing influence over one of the region’s largest media networks, including channels like Al Arabiya and the streaming platform Shahid, PIF is poised to amplify Saudi Arabia’s media footprint - https://lnkd.in/gMNsa7BG 2. Explore how Sprudel is making waves in the UAE's 'Make it in the Emirates' initiative by producing eco-friendly water filters locally, supporting economic resilience, and cutting down on carbon emissions for the hospitality sector - https://lnkd.in/gGkHKTni 3. SAP Emarsys’ Customer Loyalty Index notes that UAE consumers are among the most loyal in the world, offering valuable insights for brands aiming to build lasting connections. With a focus on trust and relationship-building, understanding UAE consumer loyalty is helping companies boost customer satisfaction and retention - https://lnkd.in/gKg-_KTg 4. Artificial intelligence is reshaping the UAE’s fintech industry, driving major improvements in customer experiences and operational efficiencies. Read our latest story to understand the upcoming challenges, how these advancements are disrupting the fintech industry, and why the UAE is poised to be the top global destination for fintech growth - https://lnkd.in/gbHvBkvQ Until next week, stay tuned for more updates! #sme10x #weeklynewsletter #UAEnews #MENAnews

Meydan Free Zone and Mashreq collaborate to enhance SME support through comprehensive business services, fostering sustainability and economic growth in Dubai's diverse business ecosystem. Rajeev Chalisgaonkar Click here to read the complete story: https://lnkd.in/gduh-BeE #sme10x #sustainability #UAEpartnerships

Welcome to this week’s edition of SME10X, bringing you insights on transformative trends and strategic moves shaping the GCC region. 1. The UAE is witnessing a promising shift as companies increasingly recognize the profitability potential behind strong ESG (Environmental, Social, and Governance) frameworks. Beyond enhancing corporate reputation, businesses now see tangible financial rewards by integrating ESG principles, which could drive greater capital inflows and sustainable growth - https://lnkd.in/gMZf_H3v 2. AI-driven recruitment is setting the UAE apart in the global talent race. With advanced AI tools, companies are revolutionizing their hiring processes, cutting down recruitment time, and securing top talent faster than ever. This technology-driven approach is not only bolstering the local job market but also positioning the UAE as a global leader in efficient hiring practices - https://lnkd.in/g_8d7Q4B 3. For entrepreneurs in Dubai, IGNYTE has emerged as a critical platform, offering tailored support that takes startups from vision to action. By connecting founders with essential resources, IGNYTE is helping local businesses navigate growth challenges with agility and scale their impact in a competitive market - https://lnkd.in/db2hCfjd 4. SMEs across the region are transforming their workflows with digital platforms like PLATMA. Offering tools to streamline operations and automate repetitive tasks, PLATMA is proving invaluable for small businesses striving for efficiency and productivity in their day-to-day operations - https://lnkd.in/dHA4CgYB Until next week, stay tuned for more updates! #sme10x #UAEnews #WeeklyNewsletter #SME

The Khalifa Fund supports four innovative Emirati tech firms at Dubai Harbour, showcasing their potential for global partnerships and investments in the dynamic startup ecosystem. Ministry Of Economy, UAE Click here to read the complete story: https://lnkd.in/ggFCT8SA #sme10x #globalparnerships

Instant, free, and accurate property valuations are now available without hassle, thanks to YallaValue’s partnership with Hometree, filling a crucial gap in the market. Jack Sellers - YallaValue Rus Kolinko - Hometree Real Estate Valuation Services (UAE & Internationally) Click here to read the complete story: https://lnkd.in/g6fr62Gm #sme10x