Page 136 - 7X PR REPORT REPORT DECEMBER 2024

12/17/24, 2:58 PM Latest News
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 Ventures' innovative strategies in various sectors, we hope to unlock new possibilities,
maximise value, and redefine the future of entrepreneurship in one of the world's most dynamic regions.”

Alex Manson, CEO, SC Ventures, said: “This region holds huge potential for the SME sector and SC
Ventures is committed to invest in its growth. Our SME-focused platform in the Middle East and North Africa

region is planned for launch in the second half of 2025. It will facilitate cross border trade and empower
SMEs to grow safely and profitably. Our partnership with 7X will help us unlock the full potential of SMEs in

the region and beyond.”

Additionally, both organisations plan to evaluate strategic alliances, benefiting from their individual portfolios

to jointly develop and implement transformative solutions tailored to meet the specific needs of the MENA
region.

SC Ventures has been at the forefront of transforming the financial landscape, improving client experiences,

and enabling global expansion. This partnership represents a major step towards redefining the role of SMEs
in the region, building resilience, and advancing MENA's overall economic and social development.

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