Dubai - Mubasher: The partnership between Dubai SME and Dubai Holding won contracts worth AED 17 million during the first half of 2016, the Department of Economic Development (DED) in Dubai said in a press release.
The partnership aims at supporting competitive entrepreneurs in Dubai and the UAE, according to DED.
The beneficiaries include 46 Emirati enterprises that are also covered by the Government Procurement Programme (GPP).
Service providers accounted for 48.7% of the beneficiaries and won contracts worth AED 8.5 million while contracts worth AED 1.1 million were won by foods sector companies that had a 6.4% share of the total, the statement indicated.
Companies from diverse sectors such as public services, advertising, interior design, stationery, logistics, consultancy and training accounted for 44.9% of the beneficiaries, which together won contracts worth AED 7.8 million.
“We are proud of our partnership with Dubai Holding, and the outstanding results achieved during the first half of this year itself proves our shared commitment to supporting SMEs in Dubai and enabling them to be productive and sustainable,” said Abdul Baset Al Janahi, CEO of Dubai SME.
“Initiatives in Dubai has recently opened up vast opportunities for national entrepreneurs to demonstrate their competencies in the local market as well as globally.”
“The partnership brings varied benefits to entrepreneurs, over and above winning contracts. Dubai Holding offers 20% discount on industrial land, workers housing, commercial and industrial warehouse, offices, galleries and shops, all for a period of five years.”
“We are looking at strengthening the partnership to cover more areas and offer added benefits to Dubai SME members,” he added.
