Dubai launches AED 500 million SME progress fund

Published: January 28, 2024
@HamdanMohammed

Dubai has launched the ‘Dubai International Growth Initiative for SMEs’ to assist small and medium-sized enterprises and speed up their progress and world growth, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, has introduced.

Developed by means of a partnership between the Dubai Government and Emirates NBD, the AED 500 million fund has been impressed by Dubai’s vibrant enterprise surroundings which has fostered the creation of quite a few world success tales and impressed entrepreneurs to make a outstanding influence with their concepts and initiatives, Sheikh Hamdan stated.

Posting on social media, His Highness highlighted entrepreneurs worldwide who’ve chosen Dubai as their launchpad, writing that they lengthen their steadfast assist domestically and internationally.

He added that entrepreneurs “are key contributors to Dubai’s success, and your partnership is vital to achieving the goals of the Dubai Economic Agenda D33”.

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Source web site: www.dubai92.com