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Dubai SME Launches Plan for Entrepreneurs

Middle East : 19 October 2012

Source: Khaleej Times 2012

Shaikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has lauded the strategic initiatives that contribute to the ease of doing business in the different economic activities and create an investment environment that serves Dubai’s competitiveness.

Shaikh Hamdan’s comment was made in the context of Dubai SME, the agency of the Department of Economic Development ( DED ) mandated to develop the small and medium enterprise (SME) sector, launching ‘The Entrepreneur Plan,’ a joint initiative with du and Microsoft Gulf, to enable businesses to start their operations with speed and ease within a second of having their trade license issued or renewed by DED .

Designed in line with the directives of Sheikh Hamdan to enhance Dubai’s reputation as a global business hub through public-private sector partnerships, du developed The Entrepreneur Plan which enables DED customers and SMEs to avail of a full ICT (information and communication technology) package, including mobile services, smart phone and hosted services at affordable cost while obtaining a trade license or renewing an existing one.

The plan was announced at the du stand in Gitex 2012. Present at the ceremony was Sami Al Qamzi, director general of Dubai Economic Department , Abdul Baset Al Janahi, CEO, Dubai SME, Osman Sultan, CEO, du, Farid Faraidooni, chief commercial officer, du, and Samer Abu-Ltaif, Regional General Manager Microsoft Gulf .

“Dubai is witnessing a high level of business licensing activity due to the government’s policy focus and infrastructure development, well-aligned to business and investment. The private sector is not just a beneficiary but also a primary stakeholder in any improvements in Dubai’s business climate and therefore we are keen to engage with them in our economic development initiatives,” remarked Sami Al Qamzi.

“The SME sector is a significant contributor to the UAE’s economy, and we are eager to support its growth through partnerships such as this one, with du and Microsoft Gulf. By improving competitiveness and creating an easier start-up environment, we are empowering SMEs with superior ICT services so that their fledgling businesses have the best chance of flourishing, in today’s time-critical environment,” said Abdul Baset Al Janahi.

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