S.S. Lootah signs Dhs1m deal with SME member

This deal is the first following an MoU signed earlier between S.S. Lootah Group and Mohammed bin Rashid Est. for Young Business Leaders that was established to support projects by young nationals to encourage entrepreneurship among them.

Apron Kitchen Fixtures Trading specializes in industrial and domestic kitchen & catering equipment and will supply and install all kitchen equipments in S.S. Lootah Contracting's upcoming projects including a state-of-the-art hospital among others. This deal is in line with S.S. Lootah Group's understanding with SME to give preference to members of the Establishment as suppliers for the Group's external purchases.

Ibtihal Naji - Manager - Government Procurement Program, said, "The agreement between SME and S.S Lootah offers both parties multiple short and long term benefits and will play a fundamental role in contributing to economic and social development."

Mr. Rashid Lootah, Director, S.S. Lootah Contracting, commented, "As a leading national company, it is our primary responsibility to contribute towards the vision of our Leadership to nurture the entrepreneurial spirit among UAE nationals to actively participate in the economic growth of the nation, thereby encouraging and facilitating the development of the small and medium business sector, a key sector of the economy. We will continue to explore relationships with other members of SME to support our business needs."

The S.S. Lootah Group further aims to offer their support to the members of SME by offering advice in areas of business, finance, administration, legal, etc. They also encourage innovative ideas from small and medium-sized enterprises, supporting them with suitable sector investments.