The UAE is home to over 24,000 farms, according to Adio, which is allocating funds to accelerate innovation in local agriculture. Victor Besa / The National
The UAE is home to over 24,000 farms, according to Adio, which is allocating funds to accelerate innovation in local agriculture. Victor Besa / The National
The UAE is home to over 24,000 farms, according to Adio, which is allocating funds to accelerate innovation in local agriculture. Victor Besa / The National
The UAE is home to over 24,000 farms, according to Adio, which is allocating funds to accelerate innovation in local agriculture. Victor Besa / The National

SMEs and local food producers to get support from noon.com to drive online sales


Kelly Clarke
  • English
  • Arabic

Small Emirati-owned businesses will soon be able to sell their products on noon.com, under a new partnership between the online marketplace and Khalifa Fund for Economic Development.

The agreement aims to offer a helping hand to small businesses looking to break the e-commerce market in the UAE.

Startups and local entrepreneurs in Abu Dhabi will benefit from a host of benefits as part of the initiative.

Those who sign up will be given immediate access to noon’s millions of customers as well as discounted rates on online market space.

Participating small and medium-sized enterprises will be offered a two-month commission-free period for online sales on the website and will get one per cent credit back on their sales for three months.

We must give our local SMEs, the ones who have been on the frontline, the best tools to thrive

Local farms that promote home-grown UAE produce will also be allocated dedicated space on the popular ‘noon Daily’ grocery delivery service, where customers can shop their fruits and vegetables to help drive sales online.

As part of the e-Empower programme, which was set up by the Khalifa Fund last month, experts from noon.com will also provide one-on-one training to Emirati micro-businesses looking to upscale their online customer reach.

From support with content creation, getting the most out of analytics and help with marketing campaigns, they will learn how to stay afloat during economic instability.

There will be a dedicated section on noon.com to give special visibility to e-Empower companies.

An intensive marketing campaign will also be co-created between noon.com and the Khalifa Fund to propel sales.

Local businesses can apply to participate in the programme via noon.com.

Consumer habits around the world have been affected by the Covid-19 outbreak.

As people spend more time at home, they have increasingly turned to online shopping, hastening the growth of e-commerce in the region.

In June, a study by Dubai Police, Dubai Economy and Visa, showed that 48 per cent of consumers planned on increasing their use of online payments with cards or digital wallets for future e-commerce purchases, even after the Covid-19 pandemic subsides.

Mohamed Alabbar, founder of noon.com. Satish Kumar / The National
Mohamed Alabbar, founder of noon.com. Satish Kumar / The National

In Abu Dhabi, SMEs account for 98 per cent of all companies making them a key pillar of the emirate’s economy.

As such, the UAE capital recently announced various measures to support and develop SMEs, including economic relief packages during the pandemic.

Speaking to The National, Mouza Al Nasri, chief executive of Khalifa Fund said the collaboration with noon.com would help small businesses thrive in a digital consumer landscape.

"The onset of the current health pandemic has had an impact on the way people shop and over the past few months we have seen positive trends in the e-commerce sector,” she said.

“With this initiative our objective is to transform adversity into opportunity and support and develop the spirit of entrepreneurship in Abu Dhabi.

“Collaborating with an industry giant like noon, a company which has high penetration in the e-commerce market, will create a huge advantage for hundreds of SMEs.”

Mohamed Alabbar, founder of noon, said the new partnership would act as a support system for small businesses.

“The noon.com partnership with the Khalifa Fund for Enterprise Development is an important step in the safeguarding of our digital landscape for future generations,” he said.

“We must give our local SMEs, the ones who have been on the frontline, the best tools to thrive.

"E-empower companies will grow with noon, expanding their reach to millions of customers in the region."

Scores in brief:

Boost Defenders 205-5 in 20 overs
(Colin Ingram 84 not out, Cameron Delport 36, William Somerville 2-28)
bt Auckland Aces 170 for 5 in 20 overs
(Rob O’Donnell 67 not out, Kyle Abbott 3-21).

Tips on buying property during a pandemic

Islay Robinson, group chief executive of mortgage broker Enness Global, offers his advice on buying property in today's market.

While many have been quick to call a market collapse, this simply isn’t what we’re seeing on the ground. Many pockets of the global property market, including London and the UAE, continue to be compelling locations to invest in real estate.

While an air of uncertainty remains, the outlook is far better than anyone could have predicted. However, it is still important to consider the wider threat posed by Covid-19 when buying bricks and mortar. 

Anything with outside space, gardens and private entrances is a must and these property features will see your investment keep its value should the pandemic drag on. In contrast, flats and particularly high-rise developments are falling in popularity and investors should avoid them at all costs.

Attractive investment property can be hard to find amid strong demand and heightened buyer activity. When you do find one, be prepared to move hard and fast to secure it. If you have your finances in order, this shouldn’t be an issue.

Lenders continue to lend and rates remain at an all-time low, so utilise this. There is no point in tying up cash when you can keep this liquidity to maximise other opportunities. 

Keep your head and, as always when investing, take the long-term view. External factors such as coronavirus or Brexit will present challenges in the short-term, but the long-term outlook remains strong. 

Finally, keep an eye on your currency. Whenever currency fluctuations favour foreign buyers, you can bet that demand will increase, as they act to secure what is essentially a discounted property.

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SPECS

Nissan 370z Nismo

Engine: 3.7-litre V6

Transmission: seven-speed automatic

Power: 363hp

Torque: 560Nm

Price: Dh184,500

SERIE A FIXTURES

Saturday (All UAE kick-off times)

Lecce v SPAL (6pm)

Bologna v Genoa (9pm)

Atlanta v Roma (11.45pm)

Sunday

Udinese v Hellas Verona (3.30pm)

Juventus v Brescia (6pm)

Sampdoria v Fiorentina (6pm)

Sassuolo v Parma (6pm)

Cagliari v Napoli (9pm)

Lazio v Inter Milan (11.45pm)

Monday

AC Milan v Torino (11.45pm)

 

What are the influencer academy modules?
  1. Mastery of audio-visual content creation. 
  2. Cinematography, shots and movement.
  3. All aspects of post-production.
  4. Emerging technologies and VFX with AI and CGI.
  5. Understanding of marketing objectives and audience engagement.
  6. Tourism industry knowledge.
  7. Professional ethics.
How to watch Ireland v Pakistan in UAE

When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.

Leaderboard

15 under: Paul Casey (ENG)

-14: Robert MacIntyre (SCO)

-13 Brandon Stone (SA)

-10 Laurie Canter (ENG) , Sergio Garcia (ESP)

-9 Kalle Samooja (FIN)

-8 Thomas Detry (BEL), Justin Harding (SA), Justin Rose (ENG)