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Al Tomooh helps UAE SMEs
- United Arab Emirates: Tuesday, September 19 - 2006 at 09:12
Al Tomooh, the scheme set up to help support small national businesses in the UAE, has handed out finance to around 90 fledgling operations, reported Gulf News. The initiative also aims to lessen the dependence of nationals on government jobs. The scheme can provide a maximum of Dhs1m for each project over a period of eight years, with the loan being interest free for the first three years.
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Jonathan Sheikh-Miller, Deputy EditorTuesday, September 19 - 2006 at 09:12 UAE local time (GMT+4)
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This article was updated on Wed Sep 20 2006.
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