Dubai SME appoints McLedger as accounting partner

Dubai SME appoints McLedger as accounting partner

Dubai SME , an integrated division of the Department of Economic Development (DED), has appointed McLedger, the region’s first homegrown fintech cloud platform, as the official online bookkeeping solution for UAE-based startups. It will be the one-stop platform that will manage an integrated solution for Dubai SME, the agency of Dubai Economy mandated to develop the SME sector. By utilizing cloud accounting powered by artificial intelligence (AI) and experienced accountants, McLedger will enable SME owners to effortlessly manage their accounting budget and save up to 85 percent in total expenditure. var width=document.documentElement.clientWidth;if(width>=320&&width<728){}; googletag.cmd.push(function(){try{var d=document.documentElement.clientWidth;var a;var c="/21857811890/en.zcom/";var b;if(d>=320&&d<728){a=[300,250];b=["mobile_mr_story"]}else{a=[300,250];b=["MR_Story"]}var h="MR_Story";var g=googletag.defineSlot("/21857811890/en.zcom/",a,"div-gpt-ad-MR_Story").setTargeting("type",b).addService(googletag.pubads());gptAdSlots.push(g);if(h!="MR_Story"){googletag.pubads().collapseEmptyDivs(true,true)}googletag.pubads().enableSingleRequest();googletag.enableServices();if((h=="PSB_Left")||(h=="mobile_psb_left")||(h=="PSB_Top")||(h=="mobile_psb_top")||(h=="PSB_Bottom")||(h=="mobile_psb_bottom")||(h=="PSB_Middle")||(h=="mobile_psb_middle")||(h=="leaderboard_home")||(h=="leaderboard_bottom_home")||(h=="mobile_leaderboard_home")||(h=="mobile_leaderboard_bottom_home")){setInterval(function(){googletag.pubads().refresh([g])},240000)}}catch(f){console.log("Error loading Ad banner "+h)}}); try{googletag.cmd.push(function(){googletag.display("div-gpt-ad-MR_Story")})}catch(e){console.log("Error displaying Ad banner "+bannerName)}; According to data from the Ministry of Economy, SMEs represent over 94 percent of all companies operating in the UAE. Out of that, 73 percent of the SMEs work in the wholesale and retail sector while 16 percent are in the service sector with 11 percent in the industrial sector. Dubai SME has strategically aligned itself with McLedger as an Accounting Partner to promote innovation and leadership within UAE startups across all segments of the small and medium enterprise sector. With McLedger’s array of online bookkeeping services, Dubai SME will now support