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Beehive 1st anniversary milestones!

Dec 01, 2015
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November marks our first anniversary at Beehive, the UAE’s leading online marketplace for peer-to-peer (P2P) finance. Beehive employs over 20 staff headed by serial entrepreneur, Craig Moore, Beehive Founder and CEO, and supported by Rick Pudner, Chairman and former Group CEO of Emirates NBD. Our online platform facilitates access to flexible funding solutions for established small-to-medium-sized enterprises (SMEs) seeking finance

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White paper: Spotlight on Innovation

Nov 20, 2015
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Beehive, a young peer to peer lending platform, and Thomson Reuters, have partnered on an innovation white paper regarding the United Arab Emirates (UAE). The document, embedded below, is designed to learn how small business approach innovation. Beehive hosted a roundtable earlier this year that involved some of the regions more successful SMEs to define how innovative startups can be

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UAE crowdfunding website reports $6.8m of funding to SMEs in 2015

Nov 10, 2015
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One of the UAE’s newest small-to-medium enterprise (SME) funding platforms has helped channel AED25 million ($6.8 million) of funding to 48 SMEs in the 12 months since it launched, it announced on Tuesday. Beehive is a type of crowdfunding website that links UAE-based SMEs with approved prospective investors that choose which venture they wish to support. The website has more

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The growth of Islamic finance

Oct 19, 2015
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No greater lesson came out of the 2008 Global Financial Crisis than the importance of managing excess and minimizing risk finance. Yet the profligacy so common is sadly still prevalent in today’s financial system. It is no wonder then that investors and institutions have prioritised financial products and services that are low on risk and high on ethical returns. Many

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How crowdfunding is revolutionizing SME funding

Oct 04, 2015
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Many SMEs struggle to access the finance capital that they require in order to move their business forward, but a new finance model can help them achieve their growth ambitions.  Traditionally businesses used to rely on conventional institutions such as banks for finance, but as banks place greater restrictions on their lending practices, businesses are increasingly turning to alternative sources

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Gulf News: The Importance of bookkeeping for growing your business

Sep 20, 2015
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Proper bookkeeping is important to sustaining and growing any business. Perhaps nowhere is this more evident than in the expanding small and medium sized enterprises (SME) sector, where businesses inability – and sometimes unwillingness – to maintain proper accounting records could lead to businesses failure. With an estimated 300,000 SMEs contributing more than 60% of the UAE’s GDP and providing

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Beehive becomes world’s first Sharia-compliant P2P platform

Sep 13, 2015
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Beehive has become the first peer-to-peer (P2P) finance platform to be granted a Sharia compliance certificate. The certificate was issued by the Shariyah Review Bureau (SRB), and announced by Beehive founder Craig Moore at the Global Ethical Finance Forum in Edinburgh, Scotland. The certification makes Beehive the first P2P platform in the world to have a third party independently confirm

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Beehive P2P finance platform obtains independent Sharia certification from Shariyah Review Bureau

Sep 02, 2015
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­­Beehive P2P finance platform obtains independent Sharia certification from Shariyah Review Bureau   Innovative Dubai based platform brings P2P finance to Islamic investors Independent review completed by leading Sharia consultancy firm   Dubai, 1 September 2015: Beehive, the UAE’s leading online marketplace for peer-to-peer (P2P) finance, has been certified as a Sharia-compliant P2P finance platform by the Shariyah Review Bureau

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Connecting for growth: peer-to-peer finance

Sep 01, 2015
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SMEs need to grow. Investors should unlock their funds and support them. Both statements are often repeated when talking about the development of the UAE’s economy. But, in both cases, many have been silent on how to do it. Not so Craig Moore, the founder and CEO of Beehive – the region’s first online marketplace for peer-to-peer finance. “We are

Gulf News: Peer-to-peer lending finds a comfortable niche

Aug 24, 2015
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Being a lower cost alternative to traditional banking will aid growth trajectory It is estimated more than 95 per cent of businesses across the world are small and medium-sized enterprises (SMEs), accounting for approximately 60-95 per cent of private sector employment and, on average, 52-95 per cent of a country’s private sector contribution to GDP. Despite their importance to the