Dubai-based IBMC to help Indian SMEs trade with firms from 50 countries
With 50 countries joining, IBMC's "SME Economy E-market Trade Flow System" plans to help SMEs in trade by opening up new opportunities. Come read our blog to learn more about this ambitious project.
In a move that will further strengthen economic activities and create new business avenues at a global level, IBMC International, a Dubai-based company, has decided to support India-based small and medium-sized enterprises (SMEs) and large corporates through its SME Economy eMarketplace Trade Flow System. IBMC has already created numerous opportunities to assist various entities in the realms of business and investment, developing various initiatives with a great emphasis on the diversification of business in the UAE in order to increase their contribution to the country's economy.
Opportunities for Intercontinental Businesses
The virtual platform brings together companies from over 50 countries to one place to make international trade from their respective countries possible. IBMC's initiative will assist Indian businesses of all sizes in listing their brands and products at UAE SME ECONOMY, thereby opening up new opportunities for international trade. Indian businesses can also participate in the SME Economy via a mobile app available for both Android and iOS.
IBMC also aims to support UAE-based registered companies to do trade with over 50 countries and mitigate their concerns relating to working capital and receivables, besides other current challenges.
SME Economy platform ensures that all trading activities taking place virtually will be done in a safe and secure environment. Only registered and credible companies, which adhere to IBMC’s trade protection strategies such as international due-diligence and trade credit insurance, and have secured letter of credit and factoring facilities through UAE-based banks and financial institutions will be allowed to use the virtual platform for business activities.
“International fund houses and investors will get opportunities to invest through the secured trade flow system. New business class from India and those who are setting up their company in the UAE can utilise this platform to create new trading avenues,” stated Sajith Kumar, MD & CEO, IBMC Group, who has developed this innovative trade flow system for international businesses in the Gulf region.
Furthermore, IBMC, in collaboration with the BSE Institute (BIL), has launched an initiative to assist UAE-based businesses in understanding emerging opportunities in the “e-marketplace trade flow system” and IPOs on international exchanges. The BIL-IBMC Centre of Excellence has announced a September 2021 start date for an online foundation program in global stock markets and exchanges.
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