Emirates Islamic Bank launched Emarati Business Account to support UAE’s SMEs

Emirates Islamic Bank launched the Emarati Business Account initiative, designed specifically to support the UAE's national companies, as part of its ongoing commitment to supporting the country's SMEs.

The country's small and medium enterprises (SMEs) sector accounts for 94 percent of all companies and institutions operating in the UAE and accounts for more than half of its GDP. As a result, the SMEs sector is an important contributor to the national economy, helping to boost the UAE's global competitiveness while increasing non-oil GDP and advancing economic diversification.

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