Mohammed Bin Rashid Establishment for Young Business Leaders promotes best practices

Mohammed Bin Rashid Establishment for Young Business Leaders (SME) recently concluded its three-month 'Idea Evaluation and Development Planning' training programme, with over 35 trainees graduating.

  • United Arab Emirates: Saturday, February 10 - 2007 at 12:49
  • PRESS RELEASE


Al Janahi addressing the trainees at the graduation ceremony
Al Janahi addressing the trainees at the graduation ceremony

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Part of the establishment's drive to promote management best practices, the programme highlighted the importance of in depth evaluation of business models and meticulous pre launch planning to ensure the success and sustainability of new projects.

At the graduation ceremony at Dubai University, Abdul Baset Al Janahi, CEO of Mohammed Bin Rashid Establishment for Young Business Leaders, said: 'The UAE's strong economic growth has opened up unprecedented opportunities for small and medium size enterprises.'

Referring to Dubai's Strategic Plan and the vision of H.H. Sheikh Mohammed Bin Rashid Al Maktoum, the UAE Vice President and Prime Minister and Ruler of Dubai, Al Janahi said UAE nationals are expected to increase their contribution to the growth of the country's economic capabilities.

'Now, entrepreneurs have excellent opportunities to benefit from the growing scope of new businesses in various economic segments. Creative thinking and comprehensive planning are essential differentiators for small and medium companies to compete with larger entities.'

The 'Idea Evaluation and Development Planning' programme covered all aspects involved in establishing a successful business. It provided potential entrepreneurs with the necessary skills to think creatively about new business ideas. It also included the necessary tactics to implement those ideas on the ground.

Al Janahi said: 'This interactive course underlines our commitment to enhancing entrepreneurial skills in the UAE. Promoting scientific and analytical thinking among potential entrepreneurs is one of our key strategic objectives.'

A second cycle of the 'Idea Evaluation and Development Planning' training programme is scheduled for the third quarter of 2007.

The 'Idea Evaluation and Development Planning' programme was organized in association with the University of Dubai and sponsored by Mashreq Bank.




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About Mohammed bin Rashid Establishment for Young Business Leaders
The Mohammed Bin Rashid Establishment for Young Business Leaders was launched in June 2002. The vision of the Establishment is to nurture the domestic entrepreneurial spirit in Dubai and catalyze the development and growth of a key sector of the economy, the Small and Medium Business sector. The Establishment's core mission is to encourage and facilitate the development of local businesses and entrepreneurial activity in the UAE. To this end, the Establishment offers various incentive measures and well co-ordinated programs to the local business community. The services of the SME extend to both entrepreneurs with an existing business and budding entrepreneurs.

For further information, please contact:
Mohammed Abdelmonem
Account Manager
JIWIN PR,
Tel: +971 4 3613333
Dir: +971 4 3613594
Fax: +971 4 3888001
Lara Lynn Golden Posted by Lara Lynn Golden, News Editor
Saturday, February 10 - 2007 at 12:49 UAE local time (GMT+4)

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This Article was updated on Wednesday, February 21 - 2007


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