By: Ramy Sameeh
Abu Dhabi-Mubasher: Khalifa Fund for Enterprise Development provided SMEs sector with loans worth AED 1.42 billion up to date, the fund’s Chairman Hussein Jassim Al Nowais said.
“We offered loans to around 1,165 microenterprises since Khalifa Fund was established eight years ago,” Al Nowais added.
The fund offers facilities and exemptions to small enterprises, aiming to support its role as an economic development tool in self-employment and poverty alleviation, Al Nowais noted.
