Abu Dhabi Islamic Bank (ADIB), today announced the launch of its new web-portal, BusinessPulse, a unique site aimed at providing advice and support to small and medium-sized businesses in the UAE.
Launched in association with Zawya, BusinessPulse went live on July 1st and has been designed and produced by some of the most influential and successful organisations in business, finance, and technology from around the region. The collective thinking of these organisations has helped to create a new platform that will provide essential information, success stories, networking opportunities and advice to UAE-based SMEs.
Apart from offering funding advice through ongoing interactions with ADIB's Business banking team, visitors can simply apply for a financing facility of up to AED 2 million through the portal. BusinessPulse will provide valuable know-how on handling key challenges faced by SMEs today and provide them with business templates and tools to conduct their business more efficiently.
Commenting on the launch, Tirad Al Mahmoud, CEO of ADIB, said, "The UAE is an ideal market for SMEs in so many ways, with more than 230,000 SMEs which together contribute more than 40% of the country's GDP. Starting and running a small business can be rewarding but also very challenging with multiple financial, managerial, legal and regulatory issues to consider. The launch of BusinessPulse reflects ADIB's drive to provide financial advice and support to SMEs. Through this portal, we will enable business owners to reach their full potential by providing them with the necessary information and support to achieve their goals."