Browse related articlesKhalifa Fund seeks to boost SMEs
United Arab Emirates: Tuesday, April 22 - 2008 at 07:23
The Khalifa Fund for Small and Medium Enterprises is developing a new venture capital fund aimed at developing the SMEs segment, reported Gulf News. Hussain Jasem Al Nuwais, chairman of Khalifa Fund, said the size of the new fund will most likely be about Dhs300m ($82m). The Khalifa Fund charges zero interest on loans and financial arrangements up to Dhs1m, and 1% for facilities above that figure and less than Dhs5m.
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Jeff Florian, Senior ReporterTuesday, April 22 - 2008 at 07:23 UAE local time (GMT+4)
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