Dubai PR Network, Online Press Release from Dubai and Middle East
 
Business, Banking and 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 9242 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
Pandora ME for Every Side of You [4457-Views]
Code 11.59 by Audemars Piguet – New Tones of Elegance [4424-Views]
“CATRICE” Perfect Look for “Back to the Office” [3526-Views]
Your Guide to Choosing the Right Face Mask [3350-Views]
TishTash Eid Al-Adha Gift Guide 2020 [2767-Views]
Get Summer Ready With Magnitone London! [2722-Views]
Newest LG True Wireless Earbuds Self-clean, Sound Great With Meridian Audio [2628-Views]
Newly Launched HONOR 9A Offers Stunning Photography Anytime Anywhere [2595-Views]
Wonder Ingredients For Powerful Skincare [2505-Views]
10 Million Plastic Packaging Saved: Grohe Launches Initiative to Reduce Plastic [2239-Views]
Taste the Summer With Wild & the Moon's Latest Menu Drop! [2177-Views]
Dubai Well Poised for Growth in New Business Entities' [2169-Views]
Smash Summer Fitness Goals with 100 Workout Modes on the HONOR MagicWatch 2 [2128-Views]
Nahdi Medical Company Transforms its Financial Management with Infor [2120-Views]
Tonda 1950 Lune' [2050-Views]
Comprehensive Study of Refugee Children's Academic, Social, and Emotional Learning Outcome... [1988-Views]
The New Season of Master Maserati Programme Gets Underway [1984-Views]
70 Percent of Businesses Increase or Maintain Digital Transformation Spend Amid Pandemic, ... [1972-Views]
Six Ways LG's Puricare Air Purifiers Can Help Families Improve Air Quality at Home [1972-Views]
Alstom at Forefront of Hygiene & Safety Innovation for Transport & Mobility in a COVID-19 ... [1935-Views]
Hitachi ABB Power Grids Commences Operations [1857-Views]
Karl Lagerfeld Announces Collaboration With Designer Kenneth Ize [1845-Views]
Three UAE Students Bag Coveted Princess Diana Award for Outstanding Social Initiative [1837-Views]
Meet the #Sephorasquad Middle East Members! [1816-Views]
Honeywell Launches Innovative Cooling Technology for Electronics, Data Centers [1792-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories