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Dubai News Club > Finance > 531 million dirhams in financing for small and medium-sized companies
Finance

531 million dirhams in financing for small and medium-sized companies

Press Room
Last updated: 2022/09/16
Press Room
Published: September 16, 2022
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The head of the Small and Medium Enterprises Department at the Emirates Development Bank, Shaker Zainal, said that “the bank agreed to provide 531 million dirhams of financing to small and medium-sized companies in the country, during the first half of the year.”

Source

17,355 new accounts for investors in the Dubai Financial Market within 4 months, a growth of 35%
11 billion dirhams in profits for “Emaar Properties” in 9 months
3.7% expected growth rate for the Gulf countries in 2024
35 million dirhams are allocations to reduce the prices of 10 thousand commodities in the “Sharjah Cooperative” during Ramadan
Local stocks gain AED 48 billion in 3 sessions

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