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Tally MSME Honours Marks the Fifth Year of Championing MSME Innovation and Growth - Middle East Business News and Information

Tally MSME Honours Marks the Fifth Year of Championing MSME Innovation and Growth - Middle East Business News and Information

Mid East Info04-06-2025
Tally Solutions , a leading international technology provider of business management software, has announced the launch of the fifth edition of its flagship annual initiative- Tally MSME Honours. Building on the momentum of four successful years, MSME Honours continues to recognize and celebrate emerging entrepreneurs who are shaping the future of UAE's MSME ecosystem through innovation, resilience, and impact.
Over the last four editions, Tally MSME Honours' has received over 27,000 nominations with over 1500 entries from businesses in the Middle East, making it one of the biggest platforms globally to celebrate MSMEs. This year, Tally expects a record-breaking 20,000 nominations, of which 10% from the Middle East. The winners will be felicitated on International MSME Day—June 27, 2025. The honours will also spotlight MSME success stories from across the KSA, India, Bangladesh, Nepal and Africa.
Addressing this initiative, Vikas Panchal, General Manager, Tally Solutions MENA, said 'As we open nominations for the fifth edition in the UAE, we are proud to continue a journey that goes far beyond recognition. Tally MSME Honours has become a platform that uplifts real stories of resilience and everyday impact; stories that too often go unheard. Across the region, MSMEs are driving business success while shaping communities with their efforts – creating jobs, and redefining possibilities. With this edition, we look forward to celebrating those who lead with purpose and contribute meaningfully to the UAE's economic and social fabric. This initiative is our effort to align with the UAE government's ongoing vision to empower and recognize MSMEs as vital engines of innovation, employment, and sustainable growth.'
With a focus on lasting impact, Tally MSME Honours goes beyond recognition to elevate and empower entrepreneurial voices. The initiative offers continued opportunities for growth and visibility, with past winners becoming part of a thriving community of changemakers. Through industry panels, business forums, and ecosystem events, they gain a platform to share their journeys, strengthen partnerships, and drive sustained impact.
Tally MSME Honours 2025 will feature the following award categories: Wonder Women: Honouring women entrepreneurs who have defied odds to build thriving businesses and inspire change.
Honouring women entrepreneurs who have defied odds to build thriving businesses and inspire change. Business Maestro: Recognising experienced business leaders whose expertise and perseverance have laid strong foundations for others to follow.
Recognising experienced business leaders whose expertise and perseverance have laid strong foundations for others to follow. NewGen Icon: Spotlighting startups that are redefining the business landscape with bold ideas and breakthrough innovations.
Spotlighting startups that are redefining the business landscape with bold ideas and breakthrough innovations. Tech Transformer: Celebrating businesses that are leveraging technology to boost efficiency and drive digital transformation.
Celebrating businesses that are leveraging technology to boost efficiency and drive digital transformation. e-Preneur Icon: Rising solopreneurs based out of UAE that are homegrown and creatively deliver to clients.
The nomination entries will be judged by an esteemed panel comprising experts from the field of technology, the MSME domain, and the media. With a focus on inclusivity, the program aims to bring visibility to entrepreneurs from every corner of the UAE, across emirates, sectors, and stages of business maturity.
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Tally MSME Honours 2025 recognises Entrepreneurial Excellence in the Kingdom of Saudi Arabia - Middle East Business News and Information
Tally MSME Honours 2025 recognises Entrepreneurial Excellence in the Kingdom of Saudi Arabia - Middle East Business News and Information

Mid East Info

time08-08-2025

  • Mid East Info

Tally MSME Honours 2025 recognises Entrepreneurial Excellence in the Kingdom of Saudi Arabia - Middle East Business News and Information

Riyadh, Saudi Arabia, August 8, 2025: Tally Solutions, a leading business management software company for small and medium enterprises (SMEs), has announced the winners of the fifth edition of Tally MSME Honours 2025 from the Kingdom of Saudi Arabia (KSA). This flagship annual initiative recognises entrepreneurs and small businesses that have demonstrated innovation, resilience, and excellence across diverse sectors and categories within the Kingdom. As KSA accelerates private sector growth and digital transformation under Vision 2030, the Tally MSME Honours stand as a testament to the country's commitment to nurturing a thriving, innovation-led SME ecosystem. The winners were felicitated at a grand event in the city, across four carefully curated categories- Business Maestro, Wonder Woman, NewGen Icon, and Tech Transformer. This year's edition received over 400 nominations from KSA and over 20,000 nominations globally, further expanding its reach and relevance within the MSME community. Commenting on the occasion, Mohd. Shoaib Akthar, Deputy General Manager – KSA, Tally Solutions, said, 'MSMEs are the backbone of Saudi Arabia's evolving, diversified economy. As the Kingdom propels forward with its Vision 2030 agenda, the role of agile, tech-driven small businesses becomes increasingly vital. With the government taking strong steps to support SMEs through policies and digital initiatives, it's an exciting time for entrepreneurs in the Kingdom. Through Tally MSME Honours, we aim to augment these national efforts, by spotlighting and celebrating the changemakers who are driving transformation across sectors. It's our way of recognising their impact and reaffirming our commitment to supporting their continued success.' The event was graced by the presence of Eng. Ahmed F. Mursi, Startup Hub Manager at Wadi Makkah – Monsha'at. A key contributor to Saudi Arabia's entrepreneurial ecosystem, his presence underscored the event's alignment with the Kingdom's efforts to accelerate SME growth and support early-stage businesses through strategic platforms like Tally MSME Honours. Sharing his thoughts, he said, 'Saudi Arabia today is one of the fastest-growing startup ecosystems in the world, and Monsha'at is proud to be at the forefront of this momentum. Through our various hubs, accelerators, investor networks, and support programs, we are committed to empowering founders from idea to scale. Initiatives like the Tally MSME Honours complement our efforts by celebrating the entrepreneurial spirit and shining a light on the changemakers building the future of the Kingdom.' The initiative recognised standout organisations from Saudi Arabia across four key categories. Under the Business Maestro category, honours were awarded to Mohammed Abdul Kareem Giraud of Mag Computer Trading Company and Othman Rashid Al Othman of Ora Real Estate for their visionary leadership and enterprise growth. The Wonder Woman category celebrated exceptional women-led businesses, with awards going to Fathima Alshubat of GECAT Ltd and Wafa Mohammad of WM Boutique. The NewGen Icon accolade highlighted emerging entrepreneurial talent, with Retal Alkhatabi and Manar Osilan of Pieces, and Ikram Ahmed Khan of IfTab (International Forum for Trade and Business) being recognised for their bold and progressive ventures. In the Tech Transformers category, Deepak Kumar & Shaiju Puthukkat of Zartec Solutions and Saif Almufalhi of Al Marsa Marine Company were honoured for their innovative use of technology to drive business excellence at scale. With each passing year, Tally MSME Honours continues to serve as a platform for recognition, inspiration and growth, bringing unsung entrepreneurial heroes to the forefront and celebrating their contributions to the global economy. About Tally Software Solutions FZCO Tally Software Solutions FZCO is a pioneer in the business management software industry. Accredited by the FTA and the ZATCA, Tally Solutions has been present in the GCC for the last decade and has helped over 70,000 businesses in the country with their accounting, inventory, and compliance needs. Since its inception in 1986, Tally's simple yet powerful products have been revolutionizing the way businesses run. Having delivered path-breaking technology consistently for more than 3 decades, Tally symbolizes unmatched innovation and leadership. With the trust of over 2.6 million businesses worldwide, it caters to more than 7 million users across industries in over 100 countries.

Governor of the Central Bank of Egypt Hosts a Delegation from the European Bank for Reconstruction and Development to Explore Areas of Joint Cooperation
Governor of the Central Bank of Egypt Hosts a Delegation from the European Bank for Reconstruction and Development to Explore Areas of Joint Cooperation

bnok24

time09-07-2025

  • bnok24

Governor of the Central Bank of Egypt Hosts a Delegation from the European Bank for Reconstruction and Development to Explore Areas of Joint Cooperation

Central Bank of Egypt H.E. Mr. Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), welcomed a delegation from the European Bank for Reconstruction and Development (EBRD) on Wednesday, 9 July, 2025, at the premises of the CBE, to discuss avenues of strengthening mutual collaboration. The delegation included Mr. Mark Davis – EBRD Managing Director for the Southern and Eastern Mediterranean (SEMED) region; Mr. Mike Taylor – Director of Financial Institutions for SEMED; Mr. Hashem Abd El Hakim – EBRD Deputy Head and Head of Financial Institutions for Egypt; and Ms. Dominique Naggar – Principal Banker for Financial Institutions The meeting commenced with a welcome for EBRD's new Managing Director for the SEMED, Mr. Mark Davis, followed by a review of existing cooperation frameworks between the CBE, the banking sector, and the EBRD across various fields. The discussions prioritized advancing these partnerships, with particular focus on amplifying support for Micro, Small, and Medium-sized Enterprises (MSMEs) – recognized as the fundamental pillars for promoting financial inclusion among all segments of society and driving economic development and sustainable growth. The EBRD delegation commended Egypt's recent economic reforms, highlighting their positive impact on key economic indicators Google News تابعونا على تابعونا على تطبيق نبض Central Bank of EgyptGovernor of the Central Bank of Egypt جاري التحميل ...

Egypt's MSMEs Represent 97% of Private Sector
Egypt's MSMEs Represent 97% of Private Sector

See - Sada Elbalad

time30-06-2025

  • See - Sada Elbalad

Egypt's MSMEs Represent 97% of Private Sector

Ahmed Emam As Egypt marked the International Day of Micro, Small, and Medium Enterprises (MSMEs), Basil Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), underscored the critical role of small businesses in driving Egypt's economy, revealing they represent over 97% of the private sector. According to the Cabinet's Information and Decision Support Center (IDSC), Rahmy highlighted MSMEDA's extensive experience spanning more than three decades in empowering small enterprises. 'Our agency started as the Social Fund for Development and was restructured as MSMEDA under Law No. 152 of 2020,' he noted, adding that Egypt's MSMEs are the backbone of the private sector and a cornerstone of sustainable development. Rahmy revealed that MSMEDA has provided services to over 2.3 million clients so far, offering a comprehensive support ecosystem that includes financial and non-financial assistance such as funding, training programs, feasibility studies, B2B networking, and participation in domestic and international exhibitions to help businesses access new markets. He emphasized that 'commitment and seriousness are the keys to any project's success,' especially among Egypt's youth, who constitute more than 40% of the workforce. 'Having an innovative idea, leveraging MSMEDA's expertise and services, and maintaining discipline in work and repayments are all crucial factors for growth and success,' Rahmy said. Although MSMEDA did not organize an event this year to mark MSME Day, Rahmy revealed plans for a major celebration in 2026. The event will showcase success stories of MSMEs supported over the past three to four years, with a special focus on productive, industrial, agricultural, and IT sectors. Rahmy also stressed MSMEDA's commitment to supporting young entrepreneurs, particularly those with innovative ideas in green economy fields and artificial intelligence. 'The future holds immense opportunities for businesses that adopt modern technologies and sustainable solutions, aligning with Egypt Vision 2030 and the Sustainable Development Goals,' he said. The agency enjoys strong support from the Egyptian government, led by the President, the Prime Minister, and a board of directors that includes seven cabinet ministers and five experts. This high-level backing ensures ongoing performance development and the expansion of support services across all governorates. In the same connections, he affirmed that innovation and digital transformation have become vital pillars for the future growth and sustainability of enterprises in Egypt. MSMEDA reaffirmed its commitment to fully supporting this vital sector, empowering entrepreneurs and small business owners as a driving force for comprehensive economic development, enhancing competitiveness, and creating sustainable job opportunities nationwide. read more CBE: Deposits in Local Currency Hit EGP 5.25 Trillion Morocco Plans to Spend $1 Billion to Mitigate Drought Effect Gov't Approves Final Version of State Ownership Policy Document Egypt's Economy Expected to Grow 5% by the end of 2022/23- Minister Qatar Agrees to Supply Germany with LNG for 15 Years Business Oil Prices Descend amid Anticipation of Additional US Strategic Petroleum Reserves Business Suez Canal Records $704 Million, Historically Highest Monthly Revenue Business Egypt's Stock Exchange Earns EGP 4.9 Billion on Tuesday Business Wheat delivery season commences on April 15 News China Launches Largest Ever Aircraft Carrier Sports Former Al Zamalek Player Ibrahim Shika Passes away after Long Battle with Cancer Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Business Fear & Greed Index Plummets to Lowest Level Ever Recorded amid Global Trade War News Flights suspended at Port Sudan Airport after Drone Attacks Videos & Features Video: Trending Lifestyle TikToker Valeria Márquez Shot Dead during Live Stream News Shell Unveils Cost-Cutting, LNG Growth Plan Technology 50-Year Soviet Spacecraft 'Kosmos 482' Crashes into Indian Ocean Arts & Culture "6 Ayam" Sets Streaming Date

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