Page 162 - KHALIFA FUND PR REPORT - OCTOBER 2025

10/23/25, 12:59 PM ADGM’s Numou Launches ‘Procurement Financing’ Initiative To Enhance SME Funding Access - UrduPoint
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 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.

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