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Dubai SME to offer interest-free loans to companies hit by heavy rains

Newsroom Editor by Newsroom Editor
April 28, 2024
in Business
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Dubai has announced an initiative to provide interest-free loans to support small businesses affected by the recent adverse weather after the UAE this month witnessed its worst rains since records began.

Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development, known as Dubai SME, will also offer grace and postponement periods for existing loans taken by Emiratis who own small and medium-sized enterprises, the entity said…



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