Dubai PR Network, Online Press Release from Dubai and Middle East
 
Money, Business & Investments(Banking & Investments)
Filter PR by
  
Khalifa Fund grants Emirati Entrepreneurs Association with financial and technical support
 
Khalifa Fund grants Emirati Entrepreneurs Association with financial and technical support

Abu Dhabi, 22 June 2019:  The Khalifa Fund for Enterprise Development (KFED) has recently awarded the Emirati Entrepreneurs Association (EEA) with a package of quality support programs, including financial and technical support, to be used for Emirati entrepreneurs’ skills and capacity development and creation of a suitable environment where their business projects could flourish.

Mouza Al Nasri, Acting Chief Executive Officer at Khalifa Fund, said: “We consider the Emirati Entrepreneurs Association our strategic partner. We vow to cooperate and work with the Association to promote entrepreneurship and the small and medium enterprise (SME) sector in the country.”

Al Nasri said that the KFED provides various forms of support to the Emirati entrepreneurs such as facilitating their participation in local and international exhibitions and forums as well as giving them exemptions and priority in government procurement processes. The Fund also supports its beneficiaries with access to consultation services and advanced training programs to help them enhance their business abilities and sharpen their skills to resolve challenges every step of the way, from conception to execution of their projects and beyond.

Al Nasri met with Sanad Al Meqbali, Chairman of the Emirati Entrepreneurs Association, in the presence of Khaled Al Fahim, Secretary of the Association, and the Fund’s other senior officials. During their meeting, Al Nasri underscored that communication and cooperation between the two parties are vital to provide the SME sector in the UAE with the best services. She also assured that the organization would work to convey the opinions, suggestions, concerns, and needs of UAE entrepreneurs to concerned federal and local entities. 

She added: “We will continue our close coordination and collaborations with government entities in Abu Dhabi and the UAE, which demonstrates our continuing support for the SME sector in particular and the country’s economy in general. Through these collaborations, we look towards providing an attractive and positive environment where businesses can thrive accordingly. This is in line with our understanding that SMEs are one of the core pillars of this country’s stable and sustainable economic development.”

Al Meqbali thanked Khalifa Fund for the financial and technical support it provided for the Emirati Entrepreneurs Association, saying that it will enable the Association to efficiently implement key initiatives aimed at enhancing the culture of entrepreneurship in the country and empowering local entrepreneurs. Al Meqbali noted that they have been able to implement many successful and influential initiatives and programs despite its limited financial resources. 
Al Meqbali explained that the EEA aims to attract aspiring young UAE entrepreneurs as it encourages them to initiate quality projects with strong economic impact across various fields.

He also pointed out that the Association’s main objective is to provide technical, administrative, and advisory support to entrepreneurs through offering them a range of training courses to develop their abilities. 

Also, he said that the EEA seeks to develop the local SME sector by strengthening its relations with the public and private sectors and helping unify their efforts to improve the level of non-financial support to entrepreneurs.

The Emirati Entrepreneurs Association was officially registered in 2014 with support from Khalifa Fund to help encourage and coordinate joint efforts across local entrepreneurs and SMEs, including the adoption and implementation of innovative initiatives and activities.

The Association helps identify and address the needs of UAE SMEs, which are considered the backbone of the national economy.


Posted by : Dubai PR Network Editorial Team
Viewed 5716 times
PR Category : Banking & Investments
Posted on : Saturday, June 22, 2019  3:58:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : CAFU to Llaunch a Research & Development Centre in Sharjah
Next Story : Global Cinema Chain, Cinépolis, Announces Six New Cinema Loc...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Tonda 1950 Stone-set range' [10333-Views]
Parmigiani Fleurier Kalpagraphe Chronometre Titanium [9077-Views]
Transform Your Bedroom and Sleep Like a King With Robinsons' Latest Bedlinen Collections F... [8351-Views]
Colourful Anniversary Limited anniversary edition now available in new colors [7887-Views]
Toric Hémisphères Rétrograde Slate The traveller's watch featuring a new guilloché dial [6478-Views]
Aston Martin Valkyrie Wows Crowds on Public Debut at Silverstone [6100-Views]
Special edition 2019 Ford Expedition ‘Turath' arrives in Al Tayer Motors and Premier Motor... [6088-Views]
Happy Eid with Corum Golden Bridge Round 39 [5722-Views]
Dubai-based Blue Ocean Group expands into UK distribution market ahead of Brexit [5667-Views]
Sports Collection - Autumn Winter 2019 [5642-Views]
Mouawad unveils the Mouawad Dragon Yellow and White Diamond Suite, featuring the largest r... [5618-Views]
Salvatore Ferragamo Timepieces – Summer 2019 Collection [5606-Views]
Tissot Heritage 1973 The racing legacy [5045-Views]
The inauguration of codeshare flights between Kuwait and Istanbul-Sabiha Gökçen Airpo... [5008-Views]
Picnic Indoors This Summer with Marks & Spencer [4947-Views]
Ralph Lauren at The Championships, Wimbledon – Wednesday 10th July [4917-Views]
Schneider Electric's Biggest Engineer-to-Order Factory in Asia Utilizes IIoT Technology an... [4825-Views]
The Perfect Shave Kit for your Summer Travels [4788-Views]
Kitchen Hacks: 8 Clever Ways to Smart Storing [4746-Views]
Celebrated singer and composer Quratulain Balouch set to perform at Rajmahal Theatre in BO... [4349-Views]
Ralph Lauren at The Championships, Wimbledon – Sunday 14th July [4349-Views]
Summer Skin Rituals with SUKIN [4136-Views]
Union Coop Reports 20% Growth in Net Profit for the First half of 2019 [4014-Views]
Peugeot announces sizzling summer offers [3995-Views]
Ride Into the New School Year with the Coolest Gear [3953-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories