Page 158 - KHALIFA FUND PR REPORT - OCTOBER 2025

10/23/25, 12:59 PM ADGM subsidiary launches procurement financing initiative
Procurement Financing will allow SMEs to secure

funding while enabling lenders to assess businesses

against confirmed contract opportunities. It will also

address the 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 programs such as the Khalifa Fund

for Enterprise Development’s Abu Dhabi SME

Champions Program.

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.”

https://www.finextra.com/pressarticle/107613/adgm-subsidiary-launches-procurement-financing-initiative 2/5