Gulf Capital and MEED celebrate a decade of supporting SMEs in the region

Gulf Capital and MEED celebrate a decade of supporting SMEs in the region
June 28, 2021

Gulf Capital and MEED have today revealed the agenda / plan for the 2021 edition of their Gulf Capital SME Insights programme. The series of activities curated by Gulf Capital and MEED, now in the tenth year of partnership, aims to help SMEs plan and mobilise sustainable, safe practices and look forward to a decade of future success.

Even amid the economic downturns of the pandemic, Dubai alone saw 42,640 new business licenses being issued in 2020, a 4 per cent increase on 2019. This reflects the ambition and resilience of entrepreneurs who are working hard to ensure the small businesses sector continues to flourish.

The programme will start in July 2021 with Gulf Capital SME Insights LIVE, a virtual series of webinars designed to provide the SME community with information, intelligence and support to achieve their business goals. The first in the series of four webinars will air on 6 July  2021, titled ‘Cashflow Strategies’ featuring industry leaders from Beehive Fintech, The Benton Group, Smart Start Fund and Gulf Capital who will discuss options and strategies for SMEs as they seek to position their business better

The 2020 edition of Gulf Capital SME Insights Live witnessed an incredible 750 total unique registrations, with a 95% turnout. This year, the webinars and discussions will focus on the importance of investing in the right technology, cashflow management, improving supply chain and logistics, and integrating ESG into business practices

The broadcasts will run till October 2021, while the Gulf Capital SME Insights SUMMIT is scheduled for 8 September 2021. This one-day summit is a virtual conference featuring panel discussions, round tables and networking opportunities for SMEs. The programme is designed to stimulate thought, challenge entrepreneurs and small business owners to re-assess their priorities, and connect with prospective clients, partners, mentors, and investors.

Dr. Karim El Solh, Chief Executive Officer of Gulf Capital said, “I am delighted to celebrate ten years of partnership with MEED and supporting the region’s SME community. We are keen to continue providing small businesses with the resources and know-how to succeed in the next decade and beyond.

“Last year was perhaps one of the most challenging times for businesses across sectors. However, we have seen SMEs show incredible resilience, agility, and innovation to succeed and thrive in 2021. Our programme of events will further support businesses with actionable insights, access to expert guidance, and networking opportunities.”

Gulf Capital SME Insights programme will conclude with the Gulf Capital SME Awards on 24 November 2021. Celebrating a decade of recognising successful SMEs in the region, the awards give small businesses an opportunity to showcase their business practices, benchmark against peers and gain valuable insights from mentors and judges. Entries are open and can be submitted no later than 24 September 2021.

Richard Thompson, editorial director at MEED added: “Small and medium-sized enterprises (SMEs) are the keys to the UAE’s future success,” says MEED editorial director Richard Thompson. “Accounting for more than 94 per cent of all companies in the UAE, they are the backbone of the economy. As well as creating new wealth and new jobs, small businesses drive change and innovation. In a future that will be constantly reshaped by technology, the dynamism and agility of SMEs will be the essential ingredient that will ensure that the UAE remains competitive and an attractive place to live.”

“That is why MEED is delighted to launch the Gulf Capital SME Insights 2021 programme,” says Thompson. “Our decade-long partnership with Gulf Capital has enabled us to help SMEs in the UAE to make high-value connections, to gain important insights, and to unlock the right resources. After the challenges of Covid-19 over the past 18 months, this has never been more needed. We invite all business to get involved in the Gulf Capital SME Insights 2021 programme and make it an important part of their plans for the years ahead.”

The programme is supported by - Founding Partner: Gulf Capital; Official Healthcare Partner: Cigna and Official Logistics Partner: FedEx

The virtual broadcasts are free to watch, but pre-registration is required (click here).

Full details on the upcoming programme are available on the Gulf Capital SME Insights website.

Download press release in Arabic.


Fraud Alert

Fraud Alert - Important alert to Gulf Capital Investors,Shareholders, the Financial Services Community and the Public

Fraudsters are engaging in a fraudulent email and website scams whereby websites and communications are targeting members of the public and potential investors (victims) by fraudulently using the identity of legitimate members of Gulf Capital's Executive team or Gulf Capital's Board of Directors to solicit investments, fake job offers and other dealings, without authority, and for a malicious purpose. Neither Gulf Capital's Chief Executive Officer nor any members of its Board of Directors or other members of its Executive team have made any offers for investment partnership, offers of employment or other dealings through these channels and the names, and identities of such individuals are being used illegally and without their consent.

Gulf Capital and its management have taken and will continue to take legal action against anyone found misusing Gulf Capital's name or the names or identities of any members of the Board of Directors of Gulf Capital or Gulf Capital's Executive team illegally or without consent for whatever reason.

Report Scams

We invite you to immediately contact fraud-detection@gulfcapital.com* if any of the following occur:

  1. You have received any unsolicited correspondence or investment advice or you think you have been contacted in relation to a possible scam (whether by telephone, email or courier) by sources fraudulently impersonating Gulf Capital's Board of Directors or any members of Gulf Capital's Executive team.
  2. You have received notice from anyone outside of Gulf Capital informing you or raising concern regarding the fact that they may have been contacted by any sources fraudulently impersonating Gulf Capital's Board of Directors or any members of Gulf Capital's Executive team.
  3. You have received any communications referencing any of Gulf Capital's Board of Directors that you consider are suspicious or which you are not sure how to respond to.
  4. You have any concerns about the authenticity of any website passing itself off as a website operated by Gulf Capital or referencing the names and identities of the Board of Directors of Gulf Capital or any of its Executive team without authority.
*Note: When forwarding suspicious e-mails to fraud-detection@gulfcapital.com:
  1. Do not modify the original subject line or contents enclosed, and do not include any personal or confidential information.
  2. Forward the full internet headers of any suspicious emails to fraud-detection@gulfcapital.com before deleting as this information willhelp Gulf Capital to track the true origin of the correspondence. The internet headers can be found through your e-mail system from within the e-mail. For example, in Microsoft Outlook, you can find the internet headers by opening the e-mail, then choosing "View" and "Options". Depending on the e-mail system that you use, the process for locating the internet headers will vary. We recommend you either copy and paste the internet header and message into a new e-mail or scan the e-mail and full headers and send as a PDF attachment to ensure it is received by fraud-detection@gulfcapital.com.

Protect Yourself

  1. We recommend that you avoid getting into a conversation with any fraudsters or revealingany personal or identifying information, but you should endeavor to record thepurported name of the person and organisation along with any other information they give you (e.g., telephone number, address etc.) and then forward all such information to fraud-detection@gulfcapital.com.
  2. You should obtain independent legal and financial and professional advice before handing over any funds or entering into any agreements in relation to such solicitations.
  3. We recommend that you not respond or open any attachments or links associated with any suspicious e-mails.
Copyright آ© 2017 Gulf Capital Pvt. JSC. All rights reserved.

Illegal Use of Gulf Capital's Name

Phishing Email Alert

Gulf Capital Pvt. JSC has recently become aware of a spate of fraudulent emails purporting to offer financing from, and employment at, Gulf Capital and Gulf Capital Limited (DIFC). and misusing the official Gulf Capital logo and trade name. These emails do not originate from Gulf Capital or any of our affiliates. If you have received any such email, do not click any links in the email or provide any personal information (e.g. your bank details or copies of identity documents).

There are a number of illegal advance fee scams in operation where our name and those of our Board of Directors and Senior Management are being impersonated and abused.

The Gulf Capital name, and sometimes the names of individual employees within our firm, have been used in various fraudulent scam emails, letters and phone calls. These communications typically seek to attract a victim by suggesting that project funding or a job can be obtained by paying an upfront fee. Sometimes fake documents are sent to the victim and websites mimicking the Gulf Capital name and brand are used.

Common themes include:

  • the use of similar domain names designed to appear legitimate; examples include using phishing email accounts from domains such as: @gulfcap-es.com, @gulfcp.com, @gullfinvest.com, @eaglesquare-ae.com, @gulfcainvest.com, board members name@outlook.com, @gulfunioninvestment.com, name@gullfcapital.com
  • offers of work/visa services related to employment in the Middle East upon payment of administrative, medical and other fees;
  • offers of project financing upon payment of a fake surety bond and due diligence fees;
  • forged Board of Directors resolutions approving loans, MOUs, loan agreements claiming "100% refundable" professional service fees;
  • bogus look-alike websites;
  • fake profiles on LinkedIn and My Opportunity purporting be Directors or Management of Gulf Capital;
  • "signed" and stamped contracts purporting to be provided by us regarding project financing; and
  • use of our UAE telephone numbers by criminal impersonators.

This is not an exhaustive list of scams. New schemes designed to steal the business public's money or personal data are being invented all the time or for use in other illegal activities. Please act prudently and sensibly for your own protection and take note of our Fraud Alert on our website. The perpetrators may not always request money or personal details on initial contact, but often wait until the victim has responded.

Please note that Gulf Capital and its Management and Directors have no involvement in these or any other scams, and will vigorously prosecute any violators in tandem with the concerned authorities. Our name is being used in an unauthorized and illegal way. Note that we do not use Gmail, Hotmail, Outlook or Yahoo addresses.

We recommend you delete scam emails and do not reply to scam letters, emails, calls or faxes, and do not send money to strangers. If you need to confirm with us whether a communication is genuine, please contact us at fraud-detection@gulfcapital.com.

I have read and understood the Fraud Alert, Terms & Conditions of Use and Privacy Policy. I accept the terms and condition therein and wish to proceed to the Gulf Capital website.

تناهى إلى علم شركة جلف كابيتال أن ثمة مراسلات متنوعة تعمم عن طريق البريد الإلكتروني، ومن مواقع على شبكة الإنترنت، وعن طريق البريد العادي أو الفاكس، تدعي زيفا أنها صادرة عن شركة جلف كابيتال أو بالاشتراك معها و/أو مع موظفيها. ويراد من عمليات الاحتيال هذه، في الكثير من الحالات، الحصول على المال و/أو معلومات شخصية من الأشخاص الذين يتلقون تلك المراسلات.

وتود شركة جلف كابيتال أن تحذر عامة الجمهور من هذه الأنشطة الاحتيالية التي يزعم الاضطلاع بها باسم الشركة و/أو باسم موظفيها؛ وستقدر لفت انتباهها إلى أي مراسلات مشبوهة.

يرجى الانتباه إلى ما يلي:

  • · لا تمنح شركة جلف كابيتال أي قروض شخصية أو تمويل شخصي.
  • لا تمارس شركة جلف كابيتال أي أعمال مع اسواق العملات العالمية و السلع و المعادن