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Mohammed Bin Rashid Est for Young Business Leaders sign MoU with Al Ahli Group

  • United Arab Emirates: Thursday, July 10 - 2008 at 11:48
  • PRESS RELEASE

Mohammed Bin Rashid Establishment for Young Business Leaders (SME) and Al Ahli Group (AAG) signed a Memorandum of Understanding (MoU) earlier this week to support and promote His Highness Sheikh Mohammed Bin Rashid Al Maktoum's vision for entrepreneurial development.

The MoU was signed by Abdul Baset Al Janahi, CEO and Mohamed Khammas, Al Ahli Group CEO at Dubai Outlet Mall.

As stated in the MoU, AAG will aim to provide support to selected entrepreneurs who are starting new businesses in AAG's Real Estate Developments by giving them the priority to lease suitable premises.

This will include competitive terms for Mohammed Bin Rashid Establishment for Young Business Leaders' concepts.

Mohammed Bin Rashid Establishment for Young Business Leaders, on the other hand, will ensure that all Mohammed Bin Rashid Establishment for Young Business Leaders approved concepts meet all the basic criteria and competitive business standards.

Abdul Baset Al Janahi, CEO of Mohammed Bin Rashid Establishment for Young Business Leaders, commented:

"The MoU with AAG serves to strengthen the relationship between both parties. It is a result of the ongoing commitment by both Mohammed Bin Rashid Establishment for Young Business Leaders and Al Ahli Group to support young UAE Entrepreneurs and allow them to benefit from the ongoing boom in the Real Estate market."


Supported by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the Mohammed Bin Rashid Establishment for Young Business Leaders, strives to encourage and improve the leading businesses and provides a benchmark to help entrepreneurs achieve their ambitions.

Mr. Mohamed Khammas, CEO of Al Ahli Group added "Al Ahli Group is very proud to promote entrepreneurship in the region and to support the development of His Highness Sheikh Mohammed bin Rashid Al Maktoum's vision."
Mohammed Bin Rashid EST for Young Business Leaders sign MoU with Al Ahli Group. 
Mohammed Bin Rashid EST for Young Business Leaders sign MoU with Al Ahli Group.
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Notes and Media Contacts »

About Mohammed Bin Rashid Est. for Young Business Leaders
The Mohammed Bin Rashid Establishment for Young Business Leaders was launched in 2002. The vision of the Establishment is to nurture the entrepreneurial spirit among UAE nationals and catalyze the development and growth of the small and medium size enterprises. The Establishment's core mission is to encourage and facilitate the development of local start up businesses across the UAE. To this end, the Establishment offers a wide range of incentives, enabling services and training programmes. The services of the SME extend to both entrepreneurs with existing businesses as well as budding entrepreneurs.

For more information please contact:

Mohammed Bin Rshid Est. for Young Business Leaders (SME)
Mohamme Bin Haider
Tel: + 9714 361 3000
Dir: + 9714 361 3033

O2 Public Relations
Sara Riad
Tel: 00971 50 2458873

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