Page 117 - 7X PR REPORT REPORT DECEMBER 2024

12/18/24, 1:05 PM 7X Partners with SC Ventures to Empower SMEs in MENA During Abu Dhabi Finance Week
SMEs, offering technology-enabled, scalable solutions that promote sustainable growth and market
resilience.

Leaders Speak On Collaboration

Abdulla Mohammed Alashram, Group CEO of 7X, emphasized the importance of collaboration: “We at
7X firmly believe in the transformative power of collaboration. Our partnership with SC Ventures

reflects our commitment to empowering SMEs and driving economic growth across the MENA region.
By combining our expertise in trade and logistics with SC Ventures’ innovative strategies, we aim to
redefine entrepreneurship in one of the world’s most dynamic regions.”

Alex Manson, CEO of SC Ventures, highlighted the potential of the SME sector: “The MENA region

holds immense potential for SMEs, and SC Ventures is dedicated to supporting their growth. Our
SME-focused platform, planned for launch in the second half of 2025, will facilitate cross-border trade
and help SMEs grow safely and profitably. Through this partnership with 7X, we aim to unlock the full
potential of SMEs in the region and beyond.”

Strategic Innovation For SME Growth

The collaboration will leverage innovative business models, SME validation frameworks, and strategic

go-to-market approaches. Both organizations will also explore additional alliances to deliver
transformative solutions tailored to MENA’s unique market needs.

SC Ventures, recognized for its role in revolutionizing financial services globally, sees this partnership
as a step towards strengthening SMEs’ role in the economy. Together, 7X and SC Ventures aim to

enhance MENA’s economic resilience, foster sustainable development, and enable SMEs to thrive on
a global scale.

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