Meydan Free Zone And Noon Team Up To Support SME Growth in The UAE Meydan Free Zone, a UAE-based business setup services provider, has inked a memorandum of understanding with Noon, a Saudi Arabia-headquartered digital marketplace digital marketplace, to support SMEs in the Emirate of Dubai.

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Noon
Representatives of Meydan Free Zone and Noon.

Meydan Free Zone, a UAE-based business setup services provider, has inked a memorandum of understanding with Noon, a Saudi Arabia-headquartered digital marketplace, to support SMEs in the Emirate of Dubai.

Through this strategic partnership, Meydan Free Zone clients will receive a smooth onboarding experience onto Noon's seller portal called Noon Seller Lab where they will also be able to obtain essential customs codes from Dubai Customs, which is mandatory for companies involved in import and export activities in Dubai. They will also get an opportunity to tap into Noon's customer database, and they will also be given a Noon gift voucher as a token of appreciation for joining the platform, subject to meeting specific criteria.

Source: Meydan Free Zone and Noon

On the other hand, Meydan Free Zone will offer Noon sellers its seller onboarding services through Meydan Marketplace, an e-commerce platform that connects buyers and sellers in the region. Plus, it will extend its beyond setup services to its trade licence holders, enabling them to open bank accounts with over 26 local and international banks with a guaranteed IBAN. Moreover, with permits issued by the free zone, businesses will be able to legally work with mainland companies and open offices on the mainland.

"Meydan Free Zone has always cultivated strategic alliances to provide a springboard for growth, innovation, and success for all who dare to dream big and grow from Dubai," said Hamed Ahli, Head of Free Zone, Meydan Free Zone. "Through this partnership, we aim to provide our clients with the best possible resources and support to establish and grow their businesses on a global scale."

Related: Nominations Now Open For This Year's Edition Of Mastercard's Women SME Leaders Awards Happening On May 2, 2023

Growth Strategies

Alabbar Once Removed All Job Titles at Emaar. Did it Work?

"When you reach the end of this email, you will notice something different. I have no job title. And from this moment onwards, nor do you," Emaar founder Mohamed Alabbar wrote in an email to all Emaar staff.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

Over 1,300 Google Employees Have Signed a New Petition Asking For Job Security

Google laid off thousands of employees in the past two years, which has left some employees feeling insecure about keeping their jobs.

Business News

Barbara Corcoran Says She Doesn't Look at Resumes: 'Always Hire Attitude Over Experience'

If you think you need a strong resume to work with real estate pioneer Barbara Corcoran, think again.

Growth Strategies

Galloping Ahead: Ali Al Ali, CEO and Board Member, Dubai Racing Club

With the 28th edition of Dubai Racing Carnival kicking off in November 2024, Ali Al Ali, CEO and Board Member of the Dubai Racing Club, explains how Dubai became a global hub for world-class horse racing.