Doha Bank organized a seminar on small and medium enterprises in Qatar to discuss challenges and opportunities. The CEO of Doha Bank addressed the gathering and highlighted Qatar's economic progress under its leadership. A panel discussion then featured representatives from Qatar Chamber of Commerce and Industry, Grant Thornton, QTel, and Doha Bank discussing challenges in areas like marketing, finance, technology, and solutions like Doha Bank's Tatweer product. The seminar concluded with the first annual Tatweer awards and emphasized the role of SMEs in Qatar's continued economic development.
To extend the reach and success of this program into the important stakeholder group of high performing Ontario firms, the February 2008 event marked the first Wisdom Exchange in Ottawa, giving CEOs and presidents the opportunity to network with peers from across the province.
The document summarizes the Oman SME Summit 2015 event which focused on reinvigorating the small and medium enterprise (SME) sector in Oman. The two-day summit included presentations, panel discussions, and talks on challenges facing SMEs and how to support their growth. Key recommendations included establishing an entrepreneurship chapter, introducing venture capital funding, helping SMEs expand internationally, and providing more practical entrepreneurship training. Attendees included entrepreneurs, regulators, and private sector leaders. Overall the event was well received and aimed to help advance the SME sector in Oman.
The document provides information on corporatization or converting a small or medium enterprise (SME) to a corporate entity. It discusses the benefits of being a company such as limited liability, ability to raise capital through public offerings, and greater credibility and reputation. The key requirements for pre-incorporation include obtaining a director identification number, name approval, and company registration. The document outlines the compliance processes and forms needed for private and public companies after incorporation. It aims to simplify the process of corporatization for SMEs seeking to strengthen their businesses.
Corporatization for msm es for finance, subsidy & project related support c...Radha Krishna Sahoo
This document provides information about the SME Financing and Development Project (SMEFDP) implemented by SIDBI, the Small Industries Development Bank of India. The project aims to promote lending to MSMEs (micro, small, and medium enterprises) and facilitate their growth and employment. It has three components: a line of credit from the World Bank, a risk sharing facility, and technical assistance. The Department for International Development (DFID) of the UK provides technical assistance to strengthen credit systems and capacity building for participating banks to better support the MSME sector in India. DFID recognizes MSME development as key to reducing poverty through job and income creation. This walk-in kit on corporatization is produced under
Qatar India Trade & Investment Promotion GroupIndia Advisors
The Qatar-India Trade & Investment Promotion Group (QITIPG) will be an international organization focused on promoting trade and investment between India and Qatar. It will have an exclusive mandate to promote mutually beneficial commerce across many areas at the grassroots level. Unlike other trade bodies, QITIPG will provide basic services to its estimated 40,000 members without any charges beyond initial fees. It will include stakeholders from various sectors and levels of government and business in both countries. The organization aims to facilitate trade and investment through a variety of advisory services and events.
The Human Capital Challenge Shaping The Future 2015Stephanie Ting
This document is the introduction section of a report on human capital challenges in the Islamic finance industry. It discusses how developing human capital resources is a high priority for the industry as it continues to grow. It acknowledges efforts made in recent years to improve Islamic finance education and training. However, it notes that a collaborative approach is needed between industry stakeholders to develop a strategy to meet future human capital needs as the industry expands globally. The report contains perspectives from industry and academic leaders on challenges and how to develop and retain talent to ensure the continued growth of Islamic finance. It introduces the Islamic Finance Talent Development Goals that are discussed further in the report.
Oman India Trade & Investment Promotion GroupIndia Advisors
The Oman-India Trade & Investment Promotion Group (OITIPG) will be an international organization focused on promoting trade and investment between India and Oman. OITIPG will provide services to over 40,000 members without charge, apart from a token initial fee. It will promote mutually beneficial commerce, investment, industry collaboration and economic cooperation between businesses, entrepreneurs, and people in both countries. OITIPG will include representatives from governments, businesses, experts and interest groups from India and Oman to facilitate international trade and advise on business matters.
This document discusses the importance of empowering entrepreneurship in Bangladesh to achieve its goal of becoming a middle-income country by 2021. Unemployment, especially among educated youth, is a major issue that needs to be addressed to avoid social crisis. Creating more entrepreneurs is seen as the easiest way to generate more employment and solve this crisis. The country's youth have the energy and boldness to take up the challenge of becoming successful entrepreneurs if provided with the necessary skills and support.
To extend the reach and success of this program into the important stakeholder group of high performing Ontario firms, the February 2008 event marked the first Wisdom Exchange in Ottawa, giving CEOs and presidents the opportunity to network with peers from across the province.
The document summarizes the Oman SME Summit 2015 event which focused on reinvigorating the small and medium enterprise (SME) sector in Oman. The two-day summit included presentations, panel discussions, and talks on challenges facing SMEs and how to support their growth. Key recommendations included establishing an entrepreneurship chapter, introducing venture capital funding, helping SMEs expand internationally, and providing more practical entrepreneurship training. Attendees included entrepreneurs, regulators, and private sector leaders. Overall the event was well received and aimed to help advance the SME sector in Oman.
The document provides information on corporatization or converting a small or medium enterprise (SME) to a corporate entity. It discusses the benefits of being a company such as limited liability, ability to raise capital through public offerings, and greater credibility and reputation. The key requirements for pre-incorporation include obtaining a director identification number, name approval, and company registration. The document outlines the compliance processes and forms needed for private and public companies after incorporation. It aims to simplify the process of corporatization for SMEs seeking to strengthen their businesses.
Corporatization for msm es for finance, subsidy & project related support c...Radha Krishna Sahoo
This document provides information about the SME Financing and Development Project (SMEFDP) implemented by SIDBI, the Small Industries Development Bank of India. The project aims to promote lending to MSMEs (micro, small, and medium enterprises) and facilitate their growth and employment. It has three components: a line of credit from the World Bank, a risk sharing facility, and technical assistance. The Department for International Development (DFID) of the UK provides technical assistance to strengthen credit systems and capacity building for participating banks to better support the MSME sector in India. DFID recognizes MSME development as key to reducing poverty through job and income creation. This walk-in kit on corporatization is produced under
Qatar India Trade & Investment Promotion GroupIndia Advisors
The Qatar-India Trade & Investment Promotion Group (QITIPG) will be an international organization focused on promoting trade and investment between India and Qatar. It will have an exclusive mandate to promote mutually beneficial commerce across many areas at the grassroots level. Unlike other trade bodies, QITIPG will provide basic services to its estimated 40,000 members without any charges beyond initial fees. It will include stakeholders from various sectors and levels of government and business in both countries. The organization aims to facilitate trade and investment through a variety of advisory services and events.
The Human Capital Challenge Shaping The Future 2015Stephanie Ting
This document is the introduction section of a report on human capital challenges in the Islamic finance industry. It discusses how developing human capital resources is a high priority for the industry as it continues to grow. It acknowledges efforts made in recent years to improve Islamic finance education and training. However, it notes that a collaborative approach is needed between industry stakeholders to develop a strategy to meet future human capital needs as the industry expands globally. The report contains perspectives from industry and academic leaders on challenges and how to develop and retain talent to ensure the continued growth of Islamic finance. It introduces the Islamic Finance Talent Development Goals that are discussed further in the report.
Oman India Trade & Investment Promotion GroupIndia Advisors
The Oman-India Trade & Investment Promotion Group (OITIPG) will be an international organization focused on promoting trade and investment between India and Oman. OITIPG will provide services to over 40,000 members without charge, apart from a token initial fee. It will promote mutually beneficial commerce, investment, industry collaboration and economic cooperation between businesses, entrepreneurs, and people in both countries. OITIPG will include representatives from governments, businesses, experts and interest groups from India and Oman to facilitate international trade and advise on business matters.
This document discusses the importance of empowering entrepreneurship in Bangladesh to achieve its goal of becoming a middle-income country by 2021. Unemployment, especially among educated youth, is a major issue that needs to be addressed to avoid social crisis. Creating more entrepreneurs is seen as the easiest way to generate more employment and solve this crisis. The country's youth have the energy and boldness to take up the challenge of becoming successful entrepreneurs if provided with the necessary skills and support.
ITE Qatar 2012 is a leading trade exhibition that connects investors, entrepreneurs, and businesses. It features franchising, supply, and infrastructure opportunities across over 50 industries. Qatar's rapidly growing economy, supported by government investments and private sector participation, is creating many business opportunities. The exhibition allows companies to showcase products, find partners, and expand into new markets.
This document provides information on the four pillars of the Indian economy: small and medium enterprises (SMEs), family managed businesses, small scale industries (SSIs), and public sector units (PSUs). It discusses the importance and contributions of SMEs to the Indian GDP and exports. It defines SMEs according to the Indian definition and categories. It also discusses challenges faced by SMEs and potential solutions. For family managed businesses, it provides examples like the Tata group and discusses advantages and challenges. For SSIs, it discusses their role in employment and exports. Finally, it defines PSUs and discusses their objectives, types, examples like SAIL, and challenges.
SMECorp should open an international office in China to help Malaysian SMEs expand abroad. China is Malaysia's largest trading partner and importer of Halal products. The office should be located in Urumqi, capital of Xinjiang province, which has a large Muslim population and cultural similarities to Malaysia. A geocentric staffing approach will be used, hiring local Chinese employees alongside Malaysian staff with China experience. To succeed, SMECorp must build partnerships, understand Chinese business culture, and clarify expectations to navigate differences between the two countries. The office will help SMEs access the large Chinese market as they internationalize.
- The Indian gems and jewellery industry is an important part of the Indian economy, with a market size of INR 251,000 Cr in 2013 and potential to reach INR 500,000-530,000 Cr by 2018.
- The industry provides large-scale employment and contributes significantly to foreign exchange earnings and value addition. However, it faces challenges such as high import dependence, regulatory restrictions, and lack of financing options.
- There is a need to transform the industry through initiatives such as increasing gold recycling, liberalizing consumption regulations, developing the investment value chain, improving access to financing, enhancing industry perception, and developing skills and technology infrastructure. These steps can help realize the industry's growth potential.
The document announces the "Indo-UAE Global Investment Summit - 2016" to be held on May 24th, 2016 in Dubai, UAE. The summit aims to promote bilateral trade and investment between India and Gulf Cooperation Council countries by showcasing business opportunities in sectors like infrastructure, construction, renewable energy, and oil and gas. It will bring together investors, industry professionals, policymakers, and other stakeholders to explore investment potential and partnerships between India and UAE. The invitation letter encourages attendance and participation in the summit discussions and activities.
The document discusses a report on ultra high net worth individuals (HNIs) in India. It finds that the economic slowdown had little impact on ultra HNI spending patterns. While the number of ultra HNIs in India represents a small percentage of total households, their total net worth is projected to increase nearly 5 times over the next few years to $318 trillion. This growth will be driven by increases in both the number of ultra HNIs and returns on their wealth. Currently, over half of ultra HNIs are located in the four largest metro areas in India, though their presence is growing in other large and mid-sized cities as well.
The 23rd India Economic Summit focused on how to build centers of excellence across India in order to sustain high economic growth. While India has achieved significant growth in recent years, participants acknowledged that major challenges remain, including developing infrastructure, education, and job skills for the expanding workforce. Minister of Finance Palaniappan Chidambaram noted that simply increasing spending and investment is not enough - India must ensure it is achieving real outcomes and results on the ground. All agreed that a top priority must be improving education and training to develop India's human resources at all levels of society. Building the centers of excellence needed across India to drive inclusive growth will require mobilizing people's skills and productivity, especially in rural areas.
Seychelles India Trade & Investment Promotion GroupIndia Advisors
SITIPG will be an international organization focused exclusively on promoting trade and investment between India and Seychelles. It will provide various services free of charge to help facilitate partnerships between businesses, governments, and other stakeholders in both countries. Initially it will rely on sponsorships and fees, but over time intends to become self-sustaining through success fees. The organization aims to strengthen the economic relationship between India and Seychelles across multiple sectors.
This document provides an executive summary and table of contents for a report on Coca-Cola's Manual Distribution Center (MDC) model in Ethiopia and Tanzania. The MDC model aims to create business and development benefits. It assesses how the model provides opportunities for entrepreneurship, employment, and women's economic empowerment. The report also provides recommendations to strengthen the model, including investing in continuous business improvements, broadening socio-economic opportunities, promoting small business development, exploring social product distribution, and undertaking participatory evaluations.
The Wa'ed program was launched in 2012 by Saudi Aramco to develop local entrepreneurs and new enterprises. It aims to diversify Saudi Arabia's economy and create new jobs. Wa'ed provides funding and training to small and medium businesses, particularly in sectors like ICT, education, and healthcare. It helps reduce risk aversion among Saudi youth and fosters entrepreneurship. However, it excludes some sectors like retail and construction from support. Wa'ed is similar to the Khalifa Fund in UAE but Khalifa Fund supports more sectors and business stages.
Role played-by-central-state-government-to-promote-entrepreneurshiphulk_raghav
The Central and State Governments play an important role in promoting entrepreneurship in India. They establish banks, financial institutions, and implement various policies and schemes focused on supporting small and medium enterprises. This includes acts, regulations, programs, schemes, skills development initiatives, and organizations that provide funding, training, and other support to entrepreneurs. The government aims to enhance the competitiveness of small businesses and promote entrepreneurship across different industries.
Event Hand Book - APEC Accelerator Network summit 2014Siow Wee Tan
This document provides information about the APEC Start-up Accelerator Leadership Summit and Intel APEC Challenge event being held in Taipei, Taiwan from August 13-14, 2013. The welcome messages introduce the event and its goals of connecting entrepreneurs, startups, and investors from across the Asia-Pacific region. The schedule outlines the various speaker presentations, panel discussions, and mentoring sessions taking place over the two days. It also provides details on the Intel APEC Challenge startup competition, including the categories, judging criteria, and prizes. The event aims to help startups network, obtain mentoring, and access funding opportunities through interactions with industry leaders, investors, and other entrepreneurs.
QNB participated in an entrepreneurship networking workshop organized by The Bedaya Centre to discuss developing and financing startup businesses. The workshop aimed to stimulate small and medium-sized enterprises (SMEs) in Qatar's economy. QNB's acting head of SME stressed the importance of their new Business Banking program that provides easy financing to small and medium businesses. QNB offers comprehensive business solutions to help enterprises and aims to support SMEs as a driver of Qatar's national economy.
SMEDA Pakistan (Small and Medium Enterprise Development Authority) was established in 1998 by the Government of Pakistan to support the development of small and medium enterprises. It provides business development services, conducts sector studies, and facilitates access to financing for SMEs. SMEDA works to improve the business environment for SMEs and acts as an advisory body to the government on SME policies and issues. It has overseen various phases of operations focused on different sectors and services over the years.
Ricardo, thank you for your insightful presentation on mechanisms to support innovation for SMEs in Colombia. I appreciate you sharing your experiences and the programs implemented by the Ministry of Commerce, Industry and Tourism. This was a very informative session.
The Small and Medium Enterprises Development Authority (SMEDA) was established in 1998 in Pakistan to support the development of small and medium enterprises (SMEs). SMEDA provides business development services, conducts sector studies, and facilitates access to financing for SMEs. It aims to create a favorable environment for SMEs to grow and contribute to the national economy. SMEDA has worked to develop strategies for various sectors and offers services like business guidance, feasibility studies, and training to strengthen SMEs.
SMEDA was established in 1998 by the Government of Pakistan to support the development of small and medium enterprises (SMEs) in the country. It defines SMEs as businesses with 10-40 employees and assets of 2-20 million Pakistani rupees for small businesses, and 41-99 employees and assets over 40 million rupees for medium businesses. SMEDA aims to create a favorable environment for SMEs to grow and supports their development through various services like sector studies, training programs, facilitating access to financing, and helping SMEs obtain international certifications. It has offices across Pakistan and works on strategies to develop key sectors of the economy.
The document discusses establishing the Arab Small, Medium and Micro Enterprise Development Organization (ASMEDO) to support SMMEs across Arab countries. It recommends ASMEDO be headquartered in an active Arab state and represented in others. ASMEDO would enhance innovation, entrepreneurship, and technology adoption for SMMEs. It also suggests establishing an Observatory within ASMEDO to monitor and evaluate SMME performance across various metrics to advise on improving support programs. The document outlines several studies needed to determine ASMEDO's organizational structure and operations with estimated costs of $2.5 million.
KIPCO posted a 17% rise in net profit for the first nine months of 2015 to KD 37.2 million. TAKAUD signed an MoU with Warba Insurance to utilize TAKAUD's back-office investment solutions. KIPCO Group companies reported various partnerships and investments including Gulfsat investing in a new satellite, QPIC sponsoring an industrial expo, and Safir International signing a hotel management contract.
This document provides information about an upcoming conference on microfinance in Egypt. The two-day conference and workshops on January 20-21, 2015 in Cairo will discuss expanding microfinance and financial inclusion in Egypt under the new Microfinance Law. Topics will include how different organizations can benefit from the new law, overcoming risk in microfinance, Sharia-compliant microfinance services, and mobile banking technology solutions. The conference is supported by the Egyptian Financial Services Authority and aims to foster relationships between Egypt and solution providers in shaping the future of microfinance.
Public-private partnerships have been very successful in driving Dubai's economic growth, through initiatives that benefit both the public and private sectors. The UAE government supports the retail industry through initiatives like the Dubai Shopping Festival, which brings in millions of tourists annually and billions in revenue. The government also works closely with retailers to introduce innovations like Dubai 24 Hours, a two-day shopping event during Eid, which was very popular. Strong collaboration between the government and private sector, where each brings complementary strengths, has been key to the success of the retail industry in Dubai.
ITE Qatar 2012 is a leading trade exhibition that connects investors, entrepreneurs, and businesses. It features franchising, supply, and infrastructure opportunities across over 50 industries. Qatar's rapidly growing economy, supported by government investments and private sector participation, is creating many business opportunities. The exhibition allows companies to showcase products, find partners, and expand into new markets.
This document provides information on the four pillars of the Indian economy: small and medium enterprises (SMEs), family managed businesses, small scale industries (SSIs), and public sector units (PSUs). It discusses the importance and contributions of SMEs to the Indian GDP and exports. It defines SMEs according to the Indian definition and categories. It also discusses challenges faced by SMEs and potential solutions. For family managed businesses, it provides examples like the Tata group and discusses advantages and challenges. For SSIs, it discusses their role in employment and exports. Finally, it defines PSUs and discusses their objectives, types, examples like SAIL, and challenges.
SMECorp should open an international office in China to help Malaysian SMEs expand abroad. China is Malaysia's largest trading partner and importer of Halal products. The office should be located in Urumqi, capital of Xinjiang province, which has a large Muslim population and cultural similarities to Malaysia. A geocentric staffing approach will be used, hiring local Chinese employees alongside Malaysian staff with China experience. To succeed, SMECorp must build partnerships, understand Chinese business culture, and clarify expectations to navigate differences between the two countries. The office will help SMEs access the large Chinese market as they internationalize.
- The Indian gems and jewellery industry is an important part of the Indian economy, with a market size of INR 251,000 Cr in 2013 and potential to reach INR 500,000-530,000 Cr by 2018.
- The industry provides large-scale employment and contributes significantly to foreign exchange earnings and value addition. However, it faces challenges such as high import dependence, regulatory restrictions, and lack of financing options.
- There is a need to transform the industry through initiatives such as increasing gold recycling, liberalizing consumption regulations, developing the investment value chain, improving access to financing, enhancing industry perception, and developing skills and technology infrastructure. These steps can help realize the industry's growth potential.
The document announces the "Indo-UAE Global Investment Summit - 2016" to be held on May 24th, 2016 in Dubai, UAE. The summit aims to promote bilateral trade and investment between India and Gulf Cooperation Council countries by showcasing business opportunities in sectors like infrastructure, construction, renewable energy, and oil and gas. It will bring together investors, industry professionals, policymakers, and other stakeholders to explore investment potential and partnerships between India and UAE. The invitation letter encourages attendance and participation in the summit discussions and activities.
The document discusses a report on ultra high net worth individuals (HNIs) in India. It finds that the economic slowdown had little impact on ultra HNI spending patterns. While the number of ultra HNIs in India represents a small percentage of total households, their total net worth is projected to increase nearly 5 times over the next few years to $318 trillion. This growth will be driven by increases in both the number of ultra HNIs and returns on their wealth. Currently, over half of ultra HNIs are located in the four largest metro areas in India, though their presence is growing in other large and mid-sized cities as well.
The 23rd India Economic Summit focused on how to build centers of excellence across India in order to sustain high economic growth. While India has achieved significant growth in recent years, participants acknowledged that major challenges remain, including developing infrastructure, education, and job skills for the expanding workforce. Minister of Finance Palaniappan Chidambaram noted that simply increasing spending and investment is not enough - India must ensure it is achieving real outcomes and results on the ground. All agreed that a top priority must be improving education and training to develop India's human resources at all levels of society. Building the centers of excellence needed across India to drive inclusive growth will require mobilizing people's skills and productivity, especially in rural areas.
Seychelles India Trade & Investment Promotion GroupIndia Advisors
SITIPG will be an international organization focused exclusively on promoting trade and investment between India and Seychelles. It will provide various services free of charge to help facilitate partnerships between businesses, governments, and other stakeholders in both countries. Initially it will rely on sponsorships and fees, but over time intends to become self-sustaining through success fees. The organization aims to strengthen the economic relationship between India and Seychelles across multiple sectors.
This document provides an executive summary and table of contents for a report on Coca-Cola's Manual Distribution Center (MDC) model in Ethiopia and Tanzania. The MDC model aims to create business and development benefits. It assesses how the model provides opportunities for entrepreneurship, employment, and women's economic empowerment. The report also provides recommendations to strengthen the model, including investing in continuous business improvements, broadening socio-economic opportunities, promoting small business development, exploring social product distribution, and undertaking participatory evaluations.
The Wa'ed program was launched in 2012 by Saudi Aramco to develop local entrepreneurs and new enterprises. It aims to diversify Saudi Arabia's economy and create new jobs. Wa'ed provides funding and training to small and medium businesses, particularly in sectors like ICT, education, and healthcare. It helps reduce risk aversion among Saudi youth and fosters entrepreneurship. However, it excludes some sectors like retail and construction from support. Wa'ed is similar to the Khalifa Fund in UAE but Khalifa Fund supports more sectors and business stages.
Role played-by-central-state-government-to-promote-entrepreneurshiphulk_raghav
The Central and State Governments play an important role in promoting entrepreneurship in India. They establish banks, financial institutions, and implement various policies and schemes focused on supporting small and medium enterprises. This includes acts, regulations, programs, schemes, skills development initiatives, and organizations that provide funding, training, and other support to entrepreneurs. The government aims to enhance the competitiveness of small businesses and promote entrepreneurship across different industries.
Event Hand Book - APEC Accelerator Network summit 2014Siow Wee Tan
This document provides information about the APEC Start-up Accelerator Leadership Summit and Intel APEC Challenge event being held in Taipei, Taiwan from August 13-14, 2013. The welcome messages introduce the event and its goals of connecting entrepreneurs, startups, and investors from across the Asia-Pacific region. The schedule outlines the various speaker presentations, panel discussions, and mentoring sessions taking place over the two days. It also provides details on the Intel APEC Challenge startup competition, including the categories, judging criteria, and prizes. The event aims to help startups network, obtain mentoring, and access funding opportunities through interactions with industry leaders, investors, and other entrepreneurs.
QNB participated in an entrepreneurship networking workshop organized by The Bedaya Centre to discuss developing and financing startup businesses. The workshop aimed to stimulate small and medium-sized enterprises (SMEs) in Qatar's economy. QNB's acting head of SME stressed the importance of their new Business Banking program that provides easy financing to small and medium businesses. QNB offers comprehensive business solutions to help enterprises and aims to support SMEs as a driver of Qatar's national economy.
SMEDA Pakistan (Small and Medium Enterprise Development Authority) was established in 1998 by the Government of Pakistan to support the development of small and medium enterprises. It provides business development services, conducts sector studies, and facilitates access to financing for SMEs. SMEDA works to improve the business environment for SMEs and acts as an advisory body to the government on SME policies and issues. It has overseen various phases of operations focused on different sectors and services over the years.
Ricardo, thank you for your insightful presentation on mechanisms to support innovation for SMEs in Colombia. I appreciate you sharing your experiences and the programs implemented by the Ministry of Commerce, Industry and Tourism. This was a very informative session.
The Small and Medium Enterprises Development Authority (SMEDA) was established in 1998 in Pakistan to support the development of small and medium enterprises (SMEs). SMEDA provides business development services, conducts sector studies, and facilitates access to financing for SMEs. It aims to create a favorable environment for SMEs to grow and contribute to the national economy. SMEDA has worked to develop strategies for various sectors and offers services like business guidance, feasibility studies, and training to strengthen SMEs.
SMEDA was established in 1998 by the Government of Pakistan to support the development of small and medium enterprises (SMEs) in the country. It defines SMEs as businesses with 10-40 employees and assets of 2-20 million Pakistani rupees for small businesses, and 41-99 employees and assets over 40 million rupees for medium businesses. SMEDA aims to create a favorable environment for SMEs to grow and supports their development through various services like sector studies, training programs, facilitating access to financing, and helping SMEs obtain international certifications. It has offices across Pakistan and works on strategies to develop key sectors of the economy.
The document discusses establishing the Arab Small, Medium and Micro Enterprise Development Organization (ASMEDO) to support SMMEs across Arab countries. It recommends ASMEDO be headquartered in an active Arab state and represented in others. ASMEDO would enhance innovation, entrepreneurship, and technology adoption for SMMEs. It also suggests establishing an Observatory within ASMEDO to monitor and evaluate SMME performance across various metrics to advise on improving support programs. The document outlines several studies needed to determine ASMEDO's organizational structure and operations with estimated costs of $2.5 million.
KIPCO posted a 17% rise in net profit for the first nine months of 2015 to KD 37.2 million. TAKAUD signed an MoU with Warba Insurance to utilize TAKAUD's back-office investment solutions. KIPCO Group companies reported various partnerships and investments including Gulfsat investing in a new satellite, QPIC sponsoring an industrial expo, and Safir International signing a hotel management contract.
This document provides information about an upcoming conference on microfinance in Egypt. The two-day conference and workshops on January 20-21, 2015 in Cairo will discuss expanding microfinance and financial inclusion in Egypt under the new Microfinance Law. Topics will include how different organizations can benefit from the new law, overcoming risk in microfinance, Sharia-compliant microfinance services, and mobile banking technology solutions. The conference is supported by the Egyptian Financial Services Authority and aims to foster relationships between Egypt and solution providers in shaping the future of microfinance.
Public-private partnerships have been very successful in driving Dubai's economic growth, through initiatives that benefit both the public and private sectors. The UAE government supports the retail industry through initiatives like the Dubai Shopping Festival, which brings in millions of tourists annually and billions in revenue. The government also works closely with retailers to introduce innovations like Dubai 24 Hours, a two-day shopping event during Eid, which was very popular. Strong collaboration between the government and private sector, where each brings complementary strengths, has been key to the success of the retail industry in Dubai.
This document discusses Micro, Small, and Medium Enterprises (MSMEs) in India. It defines MSMEs based on the number of employees and investment levels. In India, MSMEs are defined by investment levels in plant/machinery or equipment, with micro enterprises having less than 25 lakh investment, small between 25 lakh to 5 crore, and medium more than 5 crore to 10 crore. MSMEs make up 13 million units employing over 42 million people and contribute significantly to manufacturing, exports, and GDP. The government supports MSMEs through various schemes for credit, technology, marketing, exports, and cluster development.
The document discusses Small and Medium Enterprises (SMEs) in Bangladesh. It provides definitions of SMEs according to the Bangladesh Bank and Ministry of Industries. SMEs make up the majority of businesses in Bangladesh and employ a large portion of the workforce. However, SMEs face significant challenges, particularly related to access to financing. While past economic reforms helped reduce barriers against SMEs, more proactive policies are still needed to promote their development and address constraints such as lack of adequate public funding and support.
New base energy news 13 july 2020 issue no. 1355 by senior editor khaled ...Khaled Al Awadi
NewBase Energy News 13 July 2020 - Issue No. 1355 by Senior Editor Khaled Alawadi.docxNewBase Energy News 13 July 2020 - Issue No. 1355 by Senior Editor Khaled Alawadi.docx
The document discusses Islamic finance and its potential to support global trade, particularly intra-OIC trade. It outlines trends in global and intra-OIC trade, the importance of trade finance for intra-OIC trade and SMEs, examples of Islamic trade finance solutions, and recommendations to further develop Islamic trade finance including innovating new solutions and providing regulatory incentives for Islamic banks. The author proposes an innovative mechanism using sukuk (Islamic bonds) and trade-based special drawing rights to enhance multilateral payments and intra-OIC trade.
Small And Medium Enterprise In BangladeshSheri Elliott
This document discusses small and medium enterprises (SMEs) in Bangladesh and provides recommendations to support their growth and development. SMEs are recognized as engines of economic growth and provide many benefits like job creation and entrepreneurship development. However, SMEs in Bangladesh face challenges accessing financial services like loans and venture capital. The document recommends establishing a uniform definition of SME categories, improving access to seed money, leasing, venture capital and long-term loans, and creating a specialized lending corporation to support SME financing.
Indo Africa Times, a weekly newspaper has its key intend to create extensive awareness amongst people about Africa and India concerning different sectors like economy, politics, culture, fashion, sports and many more. It is our sincere endeavor to bridge the information gap between Africa and India by endowing our readers with updated and latest developments occurring in both the countries.
This document defines micro, small, and medium enterprises (MSMEs) in India based on investment levels. Micro enterprises have investments below 25 lakh rupees, small between 25 lakh and 5 crore rupees, and medium between 5-10 crore rupees. For services, the thresholds are 10 lakh, 2 crore, and 5 crore rupees respectively. MSMEs significantly contribute to India's economy through manufacturing output, exports, and employing over 42 million people. The government supports MSMEs through various schemes including credit support, technology upgradation subsidies, marketing assistance, and cluster development programs. However, MSMEs still face challenges around access to finance, skilled labor,
AlHuda CIBE is going to organize "Global Takaful Forum" on August 26, 2019 at Istanbul - Turkey.
The objective of the event is to provide adequate knowledge and benefits of Takaful industry to the relevant market. The platform will help analyzing the problems hindering rapid development of Takaful worldwide that would surely help increasing financial inclusion.
Qatar has the world's fastest growing economy, with GDP growth projected to be 23.3% in 2010. The country benefits from vast hydrocarbon resources and has implemented a long-term national development plan called Qatar National Vision 2030 to diversify its economy and strengthen small businesses. DOHALAND is working to regenerate the architectural landscape of Qatar in line with this vision, with its flagship Musheireb project reviving the local architectural style through sustainable development.
The document discusses the private sector in Iraq and efforts to strengthen it. It notes that the private sector currently accounts for a small percentage of GDP, employment, and labor force despite rules requiring development and encouragement of the private sector. A joint private sector body and center have been formed to identify reform barriers and encourage public-private dialogue to support business development, investment, and economic growth. The private sector development strategy aims to improve understanding of the private sector and the business environment through several programs and pillars. Success is defined as increased private sector contribution to GDP and employment over time. Strengthening the private sector is important for Iraq to realize its economic potential.
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SME Seminar
db posted on July 29, 2009 22:47
“ADDING VALUE TO DEVELOP SMALL & MEDIUM BUSINESS IN
QATAR” A SEMINAR ORGANISED BY DOHA BANK
Doha Bank organized a knowledge sharing session highlighting the
current trends, growth prospects and the challenges faced by the
Small & Medium Business Enterprises [SMEs] in the State of Qatar
on the 28th July 2008 at Al Fayrouz Ballroom, Marriot Hotel, Doha,
State of Qatar. The knowledge session was attended by
Ambassadors, other dignitaries, Qatar Chamber of Commerce
officials, esteemed customers of Doha Bank, large numbers of small
& medium businessmen, industrialists, analysts, economists, etc.,
from across the State of Qatar.
Mr. R. Seetharaman, Chief Executive Officer, Doha Bank addressed
the gathering as the key note speaker. Speaking on the occasion, Mr.
Seetharaman highlighted the current global crisis, its impact on the
functioning of the global economy, the financial stability of the world
economies, the economic outlook on the world economies in
consideration to the current financial crisis and the policy changes
that are required at a macro-economic level and financial/monetary
level to come out of the current financial crisis.
Mr. Seetharaman further elaborated how GCC and in specific the
State of Qatar, have emerged as a role model for transformation on
economic and social fronts. “State of Qatar has effectively followed
the true principles of globalization that is driving the world economies
through progressive liberalization and modernization under the astute
leadership of His Highness Sheikh Hamad Bin Khalifa Al-Thani, the
Emir of the State of Qatar and His Highness Sheikh Tamim Bin
Hamad Al-Thani, Heir Apparent of the State of Qatar” he said. Mr.
Seetharaman further highlighted the socio-economic development
projects such as setting up of Qatar Financial Center, establishment
of world-class educational institutions and investment in large
infrastructure projects. These developments across all the sectors
have created a sound platform for the growth of ancillary small and
medium enterprises (SME) in the coming years. Gauging this
paradigm shift, Doha Bank in its commitment to partner in State of
Qatar’s growth has dedicated a specialized banking product
“Tatweer”, which offers a comprehensive range of products and
services to meet the SME segment’s unique banking and financial
needs. Further, Mr. Seetharaman highlighted the success of SME
model in the world’s biggest economies like USA, Japan etc., and
said “To enable State of Qatar to realize its Vision 2030 the role
played by the SME sector will be a strategic one. This is possible
through progressive collaboration among institutions committed to the
development of SME sector, through stronger Public-Private
Partnership in the coming years”.
Dr. Khalid Al-Hajri, General Manager, Qatar Chamber of Commerce
and also the Guest of Honour for the evening while sharing his
thoughts on SME business, highlighted the growing number of
organizations in the SME sector in the State of Qatar, the positive
factors influencing their growth and the challenges faced by them. Dr.
Khalid also informed the august gathering the commitment of
Government of Qatar by way of their pro-active allocation of QAR 2
billion towards the development of SME sector in the State of Qatar
as pronounced by H.E. The Prime Minister of Qatar. Dedicated
industrial areas are also being set up for the SME sector. In his
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concluding remarks, Dr. Khalid said “Future is for SME sector and
increasing government interest by way of introduction of various
measures, will enable SME sector to play a strategic role in State of
Qatar’s macro-economic performance.” He endorsed the Public-
Private Partnership model for the development of SME sector in the
State of Qatar.
As a part of this knowledge sharing seminar, a panel discussion titled
“SME sector - Challenges & Solutions” was also held. The panel had
Ms. Muna Al-Naimi, Director of Studies & Projects Department, Qatar
Chamber of Commerce and Industry; Mr. Kofi Milumbe, Manager
In-charge International Financial Reporting Standards, Grant
Thornton; Ms. Billye Atout, Senior Manager - Enterprise (A) - Small
Enterprises Business Solution Q-Tel and Mr. Kevin Cain, Head
Wholesale Banking Doha Bank as the speakers. The panel session
was moderated by Mr. Seetharaman.
Ms. Muna Al-Naimi in her presentation highlighted the importance of
SME business sector to the overall macro-economic fundamentals,
the growth and prospects of SME business sector in the State of
Qatar and the key role and initiatives undertaken by Qatar Chamber
of Commerce in the development of SME business sector in the State
of Qatar. Ms. Muna also highlighted succinctly the challenges faced
by SME business sector especially in the areas of marketing &
distribution and also suggested solutions to overcome the challenges
in marketing & distribution by way of collaboration with similar
enterprises in the value-chain.
Mr. Kofi Milumbe spoke about the financial challenges faced by SME
business sector on a generic basis and especially in the areas of
quality financial reporting and auditing. He also highlighted various
measures being currently worked by the International Accounting
Standards Board specifically to address the financial challenges
facing SME business.
Ms. Billye Atout in her presentation gave a bird’s eye view of the
Qatar ICT landscape and highlighted the technological challenges
faced by SME business sector especially in the areas of IT resources,
IT knowledge, IT security and IT customer service solutions. Ms.
Billye outlined the technological challenges, the need for
differentiated technological solutions to support the growth of SME
business sector and suggested key decision choices to be made by
respective SME business to overcome these technological
challenges considering the respective nature of business.
Mr. Kevin Cain in his presentation covered the various business
models existing for SME business, the International Finance
Corporation classification of SME business, financial resource
constraints faced by SME business, case-studies on SME banks
across the emerging market region, SME financing in the Middle East
region, SME finance product & service offerings existing, challenges
faced in respect of SME financing and suggested solutions to
overcome the structural challenges.
A brief product presentation was made by the QTel team about their
customized SME offering – “Office in a Box” communication solution.
It covered the core features of the product, the various solutions
offered, the advantages and benefits to the customer and the pricing.
This was followed by an informative audio visual product presentation
of “Tatweer”, highlighting the unique offerings of this product to the
SME sector. It covered the various financial products and services
offered, market positioning and the various add-ons. The presentation
also show cased a few customer feed back on their experience with
Tatweer.
Doha Souq – the “E-Mall solution” – was presented by one of the
customers of Doha Bank. This presentation covered benefits offered
by e-commerce to the SME business segment in reducing their costs
and at the same time providing a wider business development
coverage area through the high-end technological platform.
Dr. Magdi Iskander, an ex-World Banker shared his experiences on
the SME sector from the global perspective. He mentioned that SME
sector accounts for a minimum of 50% of the world’s GDP,
constituting 51% of world’s manufacturing sector by volume and 33%
of the world’s export by volume.
World wide, the SME sector provides employment to 31 million
people in 12.5 million organizations. He emphasized on the future
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focus and growth of SME sector through collaborations between
international funding organizations like World Bank, IFC etc., with
financial institutions like Doha Bank, who are committed to the
development of SME sector. This can be done through stronger and
effective Public-Private Partnerships realizing sustainable benefits for
the overall welfare of the society and its people.
In recognition of Doha Bank’s ever-growing loyal customer base
“Annual Tatweer Award” has been instituted by Doha Bank and the
first annual award ceremony was held at the conclusion of the highly
informative knowledge sessions. Mr. Mohamad Darwish - Seven
Spectrum Company, Mr. Abdul Aziz – Ideal Home, Mr. Kifa El Musa –
Jets Projects Company, Mr. Phani Yerrapragada – Srimalesh NVQ
and Mr. Shahid Malik – Tolico Trading were the first recipients of the
award.
The informative knowledge seminar concluded with vote of thanks
followed by dinner.
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