Dubai SME & CXDA unite to bolster SME growth

Dubai SME & CXDA unite to bolster SME growth

The Mohammed bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), a part of the Dubai Department of Economy and Tourism (DET), has joined forces with Chi-X Digital Assets (CXDA) with an intention to enhance small and midsize enterprise (SME) growth. CXDA is a leading AI-based fintech platform that provides short-term debt products […]The Mohammed bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME), a part of the Dubai Department of Economy and Tourism (DET), has joined forces with Chi-X Digital Assets (CXDA) with an intention to enhance small and midsize enterprise (SME) growth.

CXDA is a leading AI-based fintech platform that provides short-term debt products that help generate liquidity, facilitate investment, maximize economic growth, and enable SMEs to be bankable. The company offers market solutions enabling investors, originators, and borrowers to transact in a compliant and transparent marketplace.

The strategic partnership with Dubai SME outlines a comprehensive roadmap emphasizing key elements such as financial awareness, and building business capacity. This is in line with the Dubai Economic Agenda (D33), attracting global investment into the emirate through Dubai’s SME industry.

Abdul Baset Al JanahiCEO – Dubai SME

“Dubai SME seeks to enhance and raise awareness of small and medium enterprises