Meydan Free Zone And Noon Team Up To Support SME Growth in The UAEMeydan Free Zone, a UAE-based business setup services provider, has inked a memorandum of understanding with Noon, a Saudi Arabia-headquartered digital marketplace digital marketplace, to support SMEs in the Emirate of Dubai.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Noon
Representatives of Meydan Free Zone and Noon.

Meydan Free Zone, a UAE-based business setup services provider, has inked a memorandum of understanding with Noon, a Saudi Arabia-headquartered digital marketplace, to supportSMEsin the Emirate of Dubai.

Through this strategic partnership, Meydan Free Zone clients will receive a smooth onboarding experience onto Noon's seller portal called Noon Seller Lab where they will also be able to obtain essential customs codes from Dubai Customs, which is mandatory for companies involved in import and export activities in Dubai. They will also get an opportunity to tap into Noon's customer database, and they will also be given a Noon gift voucher as a token of appreciation for joining the platform, subject to meeting specific criteria.

Source: Meydan Free Zone and Noon

On the other hand, Meydan Free Zone will offer Noon sellers its seller onboarding services through Meydan Marketplace, an e-commerce platform that connects buyers and sellers in the region. Plus, it will extend its beyond setup services to its trade licence holders, enabling them to open bank accounts with over 26 local and international banks with a guaranteed IBAN. Moreover, with permits issued by the free zone, businesses will be able to legally work with mainland companies and open offices on the mainland.

"Meydan Free Zone has always cultivated strategic alliances to provide a springboard for growth, innovation, and success for all who dare to dream big and grow from Dubai," said Hamed Ahli, Head of Free Zone, Meydan Free Zone. "Through this partnership, we aim to provide our clients with the best possibleresourcesand support to establish and grow their businesses on a global scale."

Related:Nominations Now Open For This Year's Edition Of Mastercard's Women SME Leaders Awards Happening On May 2, 2023

Related Topics

Business News

Airlines Know Their Boarding Process Is Excruciatingly Inefficient. Here's Why They Won't Change It.

One of the most frustrating parts of air travel isn't likely to get better anytime soon.

圣arting a Business

16 Accelerators Designed to Fast-Track Small Business Founder Success

If you want to start up, level up, or scale up, look into these accelerator programs being offered by the big businesses on our Champions of Small Business list.

Business Ideas

The 9 Most In-Demand Professional Certifications You Can Get Right Now

Want to boost your qualifications but not sure which certificates to pursue? Check out these in-demand professional certifications to pick your path.

Money & Finance

How to Make Money Fast: 10 Real Ways to Make Money Quickly

Want to make extra money ASAP? Check out this breakdown of 10 ways to make money fast to get inspired and start earning quickly.

Business Plans

10 Simple Tips to Write a Successful Business Plan

In the new book "Write Your Own Business Plan," business expert Eric Butow takes the anxiety and confusion out of planning and offers an easy-to-follow roadmap to success.

Growing a Business

Sam Walton Biography - Everything to Know About the Walmart Founder

Bargain Basement Billionaire