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12/18/24, 12:18 PM 7X Signs MoU With SC Ventures During Abu Dhabi Finance Week - Construction Business News Middle East
Middle East and North Africa (MENA), with a focus on empowering small and medium-
sized enterprises (SMEs).
The partnership aims to combine the complementary strengths of both entities to power
an innovation-driven, SME-focused venture in the Middle East and North Africa. This
initiative seeks to address market pain points and unlock new growth opportunities. By
focusing on extensive market insights and encouraging collaboration, the venture will
deliver cutting-edge solutions tailored to the unique challenges faced by SMEs, such as
access to funding, market entry barriers, and operational inefficiencies.
Leveraging innovative business models, SME validation frameworks, and a strategic go-to-
market approach, the initiative will develop and test a minimum viable product (MVP),
designed to empower SMEs with scalable, technology-enabled solutions that foster
sustainable growth and market resilience.
Abdulla Mohammed Alashram, Group CEO of 7X, said: “We at 7X firmly believe in the
transformative power of collaboration. The latest partnership with SC Ventures
demonstrates our commitment to empowering SMEs and promoting economic growth
across the MENA region. By combining our knowledge of trade and logistics with SC
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