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UAE banks extend $22bn in loans to SMEs in H1 of 2024: CBUAE

SMEs are a critical component of the UAE’s economy, accounting for over 95% of all enterprises and employing 86% of the private sector workforce Companies receive financial support through preferential loans from the Emirates Development Bank UAE banks provided 81.2 billion dirhams ($22.1 billion) in loans and financial facilities to…

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Click here to read the full story: Arab News

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