Access to funds deters innovation, study finds

Wednesday, 28 October 2015 16:27

Access to funds can be a barrier for innovation in economic development for businesses. That’s according to a survey by the Global Trade Development Week (GTDW), the UAE Ministry of Economy, and global management consultancy A.T. Kearney. 80% of respondents said innovation is crucial to grow their business, whilst 40% directly mentioned access to funds as a massive barrier to develop trade. Andrew Keable, Organiser and Owner of GTDW, says the role of SMEs is important in the economy, particularly in the UAE.

Listen

More from Local News

Authorities control fire at old Abu Dhabi airport after air defence interception

Abu Dhabi authorities have reported that they have controlled a fire that broke out at Abu Dhabi’s old airport, following successful interception by air defence systems.
H.H. Sheikh Hamdan meets with donors, contributors of Edge of Life campaign

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the UAE's Deputy Prime Minister and Defence Minister, met with a group of donors and contributors to the Edge of Life campaign aimed at rescuing five million children from hunger.
Anwar Gargash calls out Iran for targetting civilian infrastructure

Anwar Gargash, diplomatic advisor to the UAE President, on Wednesday called out Iran for targetting "civilian infrastructure and vital facilities" in the country.
Sheikh Abdullah discusses regional developments with German counterpart

Sheikh Abdullah bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, welcomed Germany Minister of Foreign Affairs Johann Wadephul on Wednesday to discuss Iran's attacks and the region's safety and security.
Four injured in drone incident near Dubai International Airport

Four people have been injured after two drones fell near Dubai International Airport (DXB) on Wednesday, the authorities announced, adding that air traffic continued without disruptions.
Dubai Miracle Garden offers free entry to UAE residents, March 15-31

UAE residents will be able to visit the iconic Dubai Miracle Garden free of charge for a limited period this month, in an effort that aims to bring some respite to families in the city.
UAE responds to incoming missile, drone threats from Iran

The UAE's air defence systems announced it is continuing to intercept incoming missile and drone threats from Iran on Wednesday.
UAE, Russia Presidents discuss regional security and developments

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has discussed the escalating security and military developments in the region during a phone call with his Russian counterpart Vladimir Putin on Wednesday

Recently Played

Lunod
Hori7On
Internet Girl
Katseye
Don't Ask Me Why
Dna

Latest Blogs

Pinoy Bulletin March 2 - 7, 2026
Pinoy Expat Corner

Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Pinoy Tribe with Filipino Mountaineers Federation
Pinoy Expat Corner

What is the difference between hiking in the UAE compared to hiking in the Philippines?
Pinoy Bulletin February 23 - 28, 2026
Pinoy Expat Corner

Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!

Access to funds deters innovation, study finds

More from Local News

Recently Played

Latest Blogs

Our Shows

Quick Links

Listen on the Go

Access to funds deters innovation, study finds

Share

More from Local News

Recently Played

Latest Blogs

Our Shows

Quick Links

Listen on the Go