The SME sector in the UAE accounted for about 94 per cent of total companies and employed more than 86 per cent of the private sector workforce at the end of 2019, according to Ministry of Economy data. In Dubai, SMEs accounted for 95 per cent of companies, employed 42 per cent of the workforce and contributed 40 per cent of the emirate s gross domestic product.
Supporting the SME sector is among the top priorities at both federal and emirate levels. Dubai has rolled out several initiatives last year to soften the impact of the pandemic on small businesses. The federal government has also ensured access to financing for smaller enterprises.
Khalifa Fund launches Abu Dhabi SME Hub
ABU DHABI, 4 hours, 39 minutes ago The Khalifa Fund for Enterprise Development (KFED), an independent entity of the Government of Abu Dhabi, has launched the Abu Dhabi SME Hub, a new knowledge platform dedicated to supporting SMEs and startups in the UAE. The Abu Dhabi SME Hub provides support for all the stages of development of the SMEs, empowering them to work within an attractive entrepreneurial environment, and enabling them to grow, thrive and innovate both in the context of best business practices and new technologies and digital solutions,” Mohamed Ali Al Shorafa, Chairman of the Abu Dhabi Department of Economic Development (ADDED) and Khalifa Fund, was quoted as saying in a Wam report.
The Khalifa Fund for Enterprise Development (KFED), an independent entity of the Government of Abu Dhabi mandated to develop and support the Small and medium-sized enterprises (SMEs) sector, launched the Abu Dhabi SME Hub, a new knowledge platform dedicated to supporting SMEs and startups in the UAE ..
Abu Dhabi-based developer Masdar’s Youth 4 Sustainability (Y4S) platform has announced Re. as the winning team of its Ecothon Innovation Challenge.
Under the patronage of His Highness Sheikh Khalid bin Mohamed bin Zayed Al Nahyan, Youth 4 Sustainability (Y4S), a Masdar outreach initiative, invests and actively supports the development of youth, with the objective of enabling them to become the sustainability leaders of tomorrow.
Hosted in collaboration with Nestlé, Khalifa Fund for Enterprise Development, the Environment Agency – Abu Dhabi and the Authority of Social Contribution – Ma’an, the challenge tasked the competing teams with developing a new & recyclable materials for packaging, production and design.
Masdar announces Ecothon Innovation Challenge winners
8 hours ago The Ecothon aims to develop participants’ skills and knowledge to enable them to become future business leaders and innovators. Gulf Today, Staff Reporter
Masdar’s Youth 4 Sustainability (Y4S) platform has announced Re.” as the winning team of its Ecothon Innovation Challenge.
Under the patronage of His Highness Sheikh Khalid Bin Mohamed Bin Zayed Al Nahyan, Youth 4 Sustainability (Y4S), a Masdar outreach initiative, invests and actively supports the development of youth, with the objective of enabling them to become the sustainability leaders of tomorrow.
Hosted in collaboration with Nestlé, Khalifa Fund for Enterprise Development, the Environment Agency – Abu Dhabi and the Authority of Social Contribution – Ma’an, the challenge tasked the competing teams with developing either new and recyclable material for packaging, production and design, or an innovation that c