Page 138 - KHALIFA FUND PR REPORT - OCTOBER 2025

10/23/25, 12:56 PM ADGM’s Numou launches ‘Procurement Financing’ initiative to enhance SME funding access | Emirates News Agency
funding gap SMEs face when executing government

contracts and create a bridge between government

procurement opportunities and financial institutions.

Numou’s digital lending marketplace features a wide

ecosystem of partners, including fintech lenders such as

CredibleX, Erad, Klubwork, Ahbi, Zelo and FlapKap, as

well as government programmes such as the Khalifa Fund

for Enterprise Development’s Abu Dhabi SME Champions

Programme.

Mohamed Al Binali, General Manager of Numou, stated,

“The Procurement Financing initiative aims to ensure that

small businesses with government or corporate contracts

no longer run into cash flow issues, empowering them to

deliver immediately. Looking ahead, our vision is to build

the UAE’s first SME Data Warehouse, providing lenders

with real-time insights and creating a stronger foundation

for long-term SME growth and economic diversification.”

The SME Data Warehouse will serve as a national

platform for SME data aggregation and connectivity,

equipping lenders with real-time insights, reducing

reliance on traditional collateral and financial statements.

By integrating data from government entities, corporate

partners and financial institutions through secure

channels, the platform will support more efficient and

data-driven credit decisions.

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