By continuing to use the site you agree to our Privacy & Cookies policy

HSBC launches fund to help small businesses in UAE

HSBC Bank Middle East has launched a $100m fund specifically for UAE small and medium-sized enterprises with a turnover of $30m or below. SMEs in the UAE that need working capital finance for international expansion will be able to utilize the fund, with high priority accorded to Emirati-owned businesses. The fund is the result of a memorandum of understanding that the lender signed with the ministry of economy.

  • Email
  • Save
  • Email
  • Share
  • Save

Newsletter Sign-up

More sector and country newsletters

Subscribe to MEED to receive your choice of premium newsletters

Find out more

Follow MEED on

Linkedin     Twitter     RSS Newsletter