Dubai, UAE, October 2022: du, from Emirates Integrated Telecommunications Company (EITC), has partnered with GoDaddy to enable Small and Medium Enterprises (SMEs) and the Small Office, Home Office (SoHo) segment to create, evolve and grow their digital presence. The announcement was made at GITEX Global 2022 – where du is presenting an innovative showcase under […]
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Chinese social media giant Tencent Holdings Ltd will reduce transaction fees for small and medium-sized merchants using its WeChat payments system by 10%, the company said in a statement on Thursday. The reductions will apply beginning Sept. 1, 2021, and extend up to Sept. 30, 2024, the company added. In order to qualify for the […]
A recent survey reported that more than half (56 percent) of small businesses in the U.S. engaging on social media on at least a weekly basis are projecting revenue growth in 2021, despite continuing COVID-related business limitations, according to B2B services group Visual Objects. “If small businesses want to genuinely connect with consumers in their […]
As the world currently heads into the second wave of Covid-19 pandemic, many countries have begun instilling new restrictions and rules to curb the rising number of infections. This is considered a nightmare for countries like Indonesia, which heavily relies on small and medium enterprises (SMEs) to carry their economy forward. SMEs contribute a total […]
The pandemic sent shockwaves across the world with many SMEs bearing the brunt of the crisis due to the reduction in global demand for goods and services. The worst effect of the pandemic on SMEs were the mass layoffs seen throughout all industries, although disproportionately. Disposable income that could have circulated in the economy became […]
On September 16, 2020, Korean Carrier KT announced plans to build 5G test facilities nationwide. This move comes as part of the Korean government plan to support companies developing new services using 5G technology. The KRW 28.5 billion (US$24.2 million) project aims to provide small and medium-sized firms access to research versions of the 5G […]
The United Kingdom is already vulnerable to cyberattacks. A study conducted by Specops on cybercrimes between 2006 and 2020 shows that the country is the second most targeted by significant cyberattacks. In light of the Covid-19 pandemic, many companies have shifted their businesses online in response to the lockdown measures. A significant number of UK […]
neobanks and challenger banks playing a pivotal role in reshaping digital financial services across the region.
As Lebanon struggles with economic volatility, the demand for innovative financial solutions has become increasingly urgent. MyMonty, a name already synonymous with cutting-edge financial products in the region, is now preparing to introduce the MyMonty Business Wallet, a new financial app and the first of its kind in the country, which is set to redefine […]
Fintech in Nigeria is thriving as well as offering solutions to the SMEs, by handling most of the issues that are associated with SME’s.