Telecom giant Etisalat has launched a physical platform aimed at assisting small and medium-sized enterprises (SMEs) by easing the process of setting up their businesses and kick-starting their operations in the UAE.
Hello Business Hub in One JLT, Jumeirah Lake Towers, offers services beyond telecommunications, such as company setup and registration.
It also includes services ranging from banking and insurance to office leasing and furniture, as well as telecom products and services from Etisalat.
The launch comes in line with industry reports that estimate over 100,000 new businesses will open in the UAE over the next three years, with initiatives such as the World Expo 2020 driving the development of the SMB segment.
Esam Mahmoud, acting senior vice president of Small and Medium Businesses at Etisalat said SMEs are important contributors to the UAE’s economy, and are set for further growth with the digital evolution.
“At Etisalat, we work closely with SMBs and startups by enabling them with the right tools and services to drive into this digital future. The launch of Etisalat’s Hello Business Hub today reaffirms our strong commitment towards this goal of supporting this strategic community who are the key drivers of growth and development,” he said.
Etisalat currently serves over 300,000 SMB customers in the UAE. Its business partners for the new hub include Virtuzone, Oman Insurance, National Bank of Ras Al Khaimah (RAKBANK), Sharaf DG and others.