• HSBC

Mohammed Bin Rashid Est. signs cooperation agreement with Business Entrepreneurs Forum

  • United Arab Emirates: Tuesday, July 22 - 2008 at 09:11
  • PRESS RELEASE

The Mohammed bin Rashid establishment for young business leaders signed a strategic co-operation agreement with the Business Entrepreneurs Forum. In accordance with their joint vision of encouraging economic growth, the agreement will support UAE nationals interested in running their own business.

The agreement was signed by Mr. Abdulbaset Al Janahi the CEO of the Mohammed Bin Rashid Establishment, and by Mr. Abdul Munem Bin Essa Al Sarkal the chief of Board of Directors of the Entrepreneurs Forum as well as officials from both parties.

Mr. Abdul Baset Al Janahi the CEO of the Mohammed Bin Rashid Establishment for young Business Leaders (SME) praised the fruitful co-operation between the establishment and the numerous bodies which signed agreements with, and the positive outcome of those agreements which all benefit the nation and the nationals, adding that: "The agreement signed today with the Entrepreneurs Forum came as an initiative by both sides to assist small and medium size establishments."

Commenting on the agreement, Mr. Janahi added:

"Co-operation between the two sides will help implement a working plan that has clear goals in an attempt to aid the operation of small and medium projects."


With regards to the establishment's vision of strengthening opportunities for young business leaders, Mr. Janahi gave his word that co-operation between the two sides will provide training and professional experience for the young entrepreneurs.

Expressing his gratitude to the establishment for their effective co-operation, Mr. Abdul Munem Bin Essa Al Serkal, the Chief of Board of Directors of the Entrepreneurs Forum, said: "By supporting UAE nationals and business entrepreneurs the benefits will permeate all levels of society, ultimately benefiting the UAE and contributing to economic development."


"The agreement includes a variety of terms and obligations that both parties should be committed to," said the chief of board of directors of the Entrepreneurs Forum. He added: "Mutual co-operation is of upmost importance and will enable both parties to benefit."

Mr. Abdul Munem Al Sarkal also pointed out that the complied plans will be followed up and executed by the managing directors of both establishments. As per the agreement, the Mohammed bin Rashid establishment will provide the Entrepreneurs Forum with an office.
Mr. Abdulbaset Al Janahi, CEO of the Mohammed Bin Rashid Establishment, and Mr. Abdul Munem Bin Essa Al Sarkal, the chief of Board of Directors of the Entrepreneurs Forum signing the agreement. 
Mr. Abdulbaset Al Janahi, CEO of the Mohammed Bin Rashid Establishment, and Mr. Abdul Munem Bin Essa Al Sarkal, the chief of Board of Directors of the Entrepreneurs Forum signing the agreement.
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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 further information please contact:
Sara Riad
O2 Public Relations
Tel: +971 04 3122720

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