GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Banking and Investments

 
  Share

Dubai, UAE, 26 November 2017:  Thomson Reuters and National Bank of Fujairah (NBF) announced today that they have partnered to offer tailored funding solutions to SMEs in the UAE through the Thomson Reuters Accelerate SME platform (http://acceleratesme.com).

Thomson Reuters Accelerate SME serves as the only digital gateway to the SME ecosystem in the MENA region. As the platinum banking partner on the Accelerate SME platform, community members will be able to apply for a range of NBF's banking offerings including term loans, working capital financing and SME banking account packages. This partnership demonstrates NBF's commitment to further engage with SMEs and assist them with access to the capital that they need to finance their business growth. 

“SMEs and entrepreneurs are the backbone of the private sector in the UAE and will need funding to grow their contribution to the economy” said Nadim Najjar, Managing Director, MENA, Thomson Reuters. “We are very excited to partner with NBF who are looking for innovative ways to increase their lending to the SME sector.”

“NBF is an active lender to SMEs in the UAE, providing small businesses with access to funding offerings that support their development at every stage of the business lifecycle,” said Vince Cook, CEO of National Bank of Fujairah. “Thomson Reuters Accelerate SME provides our bank with the opportunity to connect directly with the SME community and demonstrate our commitment to being the funding partner of choice to small business.”

Tina Ghanem, Head of Thomson Reuters Accelerate SME, said: “We are proud to partner with NBF, who are an award-winning banking partner with a  strong track record of lending to SMEs. We know that their tailored SME funding offerings for SMEs now available through our platform will be highly beneficial to our Accelerate SME community.”



Posted by : GoDubai Editorial Team
Viewed 6997 times
Posted on : Sunday, November 26, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Johnson's Baby Wipes Voted “Baby Wipe Brand of the Year” by Parents in the UAE
Next Story : Arab-Brazilian Chamber of Commerce stand to feature major Brazilian companies at The Big 5
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
MAC - Hyper Real Glow
M∙A∙C Mineralize Total Detox
Introducing Vitabrid C12, a brand-new, proprietary form of active Vitamin C bein...
5 things to know about collagen
Fresh Hair in an Instant with SHOW Beauty
PUMA and Sahntell Martin Unveil Debut Collection
Amadeo® Fleurier 39 “Fan”
Show/Pop-up Event “Pret-A-Cover™ Buyers Lane” to Be Launched in Dubai From March...
Mother's Day Gift Guide 2018 from The Little Birdy Group
Moreish Café in Dubai introduces a healthy Quinoa Burrito
True Colours
Robinsons Honored for Outstanding Store Design
UAE Team Emirates' Mirza Takes Gold at Asian Cycling Championships
Phenomenal development in falconry racing from small beginnings: HHC Deputy CEO
WGS 2018: Opening Session Highlights Importance of Embracing Smart Living to Enh...
World-renowned Air Sculpture Artist Daniel Wurtzel collaborates with LG PuriCare...
Splash receives 2 awards
MB&F M.A.D. Gallery presents aeronautical artwork "Nose Art” by French phot...
Dubai Culture Announces an Exciting Line-up of Artists for SIKKA Art Fair 2018
Arab Duo Showcase Team's Potential in Final Stage of Dubai Tour
RAK Hospital launches the biggest weight-loss challenge in association with MoHA...
UAE Exchange Partners with Ripple for Instant Cross-Border Payments
2XL launches Malmo Bed with floral designs for a vintage shabby chic inspired ma...
Bridal Glow is Skin Deep: Tips for every bride-to-be in 2018
Food Lovers Rejoice: Dubai Food Festival Is Back This Month
Mealtop, Introducing a Whole New Dessert Experience
Al Ahli Holding Group to redefine the UAE value shopping category through an AED...
British Orchard Kids Kingdom Nursery wins Sharjah Economic Excellence Network Award
Global Dialogue for Happiness: Bestselling Author Advises Governments to Integra...
Optim-Eyes Lashes & Brows with Filorga
WGS 2018: Governments Need to Prioritize Wellbeing of Citizens, Say Internationa...
Voting for Superbrands 2018 has commenced
Under the Patronage and Presence of H.H. Sheikh Saud bin Saqr Al Qasimi, Member ...
The Robots Are Coming: Ministry of Finance Brings Artificial Intelligence to Dub...
The new BMW HP4 RACE arrives at Abu Dhabi Motors – one of just 750 built
WGS 2018 Global Dialogue for Happiness: Australian Expert Underlines Importance ...
Leading Scientists, Astronauts Share Insights on why Space Exploration Matters a...
NEZO launches new identity to guide consumers in selecting the best salt for the...
Qualcomm Extends Cash Tender Offer for All Outstanding Shares of NXP
New Report from Accenture and the World Government Summit Finds That Regulators ...
ADNOC Schools Team Wins Etihad Artificial Intelligence Competition
Potential automation of 20 million jobs in the Middle East
Kristoff Secures Fourth as European Champion Edges Closer to a Podium Finish
WGS 2018 Global Dialogue for Happiness: Former Finland PM Discusses Secrets of S...
'Stranger Things' Spring Camp!
UAE launches seed grants to support new research into space settlement & space h...
First Ever UAE Race Car Fitted with Immensa 3D Printed Parts
WGS 2018: Innovation to Propel Dubai into the Next Century
Garbiñe Muguruza Hungry for Success at Dubai Duty Free Tennis Championships
WGS 2018: Governments of the Future Must Work Smartly with Innovation and Technology