SME World

Dubai Chamber of Commerce and Industry will head a new working group which will be tasked with engaging various public and private sector stakeholders and tackling a variety of banking challenges faced by SMEs, startups and entrepreneurs in Dubai.

The Middle East has a new online skills marketplace that connects businesses looking to supplement their workplace talent with on-demand, contingent workers. Maharati’s online workforce (Microlancers), sell their skills via fixed priced packages (Gigs), that are delivered digitally via the secure platform. Arabic for “my skills”, Maharati is the first multilingual micro-services marketplace in the region.

Ports, Customs and Free Zone Corporation (PCFC) subsidiary P&O Marinas signed a memorandum of understanding (MoU) with Dubai SME. The agency of the Department of Economic Development (DED) in Dubai mandated to develop the small and medium enterprise (SME) sector, to boost mutual cooperation in introducing best services to their clients towards realising the vision of Dubai Government in support of Dubai’s economy. 

Road Ventures SA, will host a ‘Start-up Competition’ during the IRU World Congress with a chance to win USD 100,000 in equity investment and an opportunity to gain exposure with potential investors. Organized by the International Road Transport Union and hosted by ASYAD in collaboration with the Ministry of Transport and Communications from the 6th - 8th November 2018 in Muscat, Oman, the competition will take place as part of Innovation Alley, a dedicated space for innovation within the event. Applications must be submitted by September 17th, 2018 for an opportunity to participate, with only the top early-stage start-ups being selected to pitch and compete against each other.

Intelak, the first industry-focused aviation, travel and tourism incubator to be established in the UAE, has boosted the innovation ecosystem in the country by encouraging a number of young entrepreneurs to come together and transform their ideas into reality.