Tagged: economic diversification

Emirates Development Bank to Approve New Loans to SMEs, Startups

September 6, 2022 @ 10:17 pm By Omar Faridi |

Emirates Development Bank (EDB), the financial “engine” of the UAE’s economic diversification and industrial transformation agenda, has announced a lending feature that allows SMEs and startups “to apply for loans of up to AED5 million directly through its Digital Banking App and receive approval or… Read More

Qatar’s GDP Expected to Contract by 4.3% in 2020, but IMF Expects Recovery Next Year, Supported by Growing Fintech and Digital Economy

October 8, 2020 @ 11:08 pm By Omar Faridi |

Qatar’s economy appears to be performing a lot better than other MENA region countries because it has launched many projects that have helped establish different types of businesses that generate significant revenue. Qatar has also managed to overcome the political tensions and has found new… Read More