Mawarid Finance joins Arab Union for Small Enterprises

With an aim to support entrepreneurs and small and medium enterprises, this campaign included discussion forums that were organized all over the emirates in accordance with agreements entered with concerned government organizations including Mohammed bin Rashid Establishment for Young Business Leaders in Dubai, Saud bin Saqr Programme for Young Business Leaders in Ras Al Khaimah and Khalifa Fund to Support and Develop Small & Medium Enterprises in Abu Dhabi.

Mawarid Finance, in organizing the fourth discussion forum in the emirate of Ajman, will cooperate with Ajman Businesswomen Council following the agreement made with the said Council, with planned activities to cover all the emirates.

"We are keen to have as members all Arab organizations and companies which are active in developing small enterprises all over the Arab world by joining efforts on boosting these enterprises considering that they are the main driver of any national economy. I read almost all news spread by various media outlets related to SMEs support organizations and find that many websites are concerned with activities being carryout out by Mawarid Finance in the benefit of small enterprises," said Hany Saif Al Nasir, Union's Chairman.

Mr. Al Nasr said that Mawarid Finance will be the 65th member on the Union's list covering 12 countries: Egypt, Syrian, Kuwait, Kingdom of Saudi Arabia, Sudan, United Arab Emirates, Lebanon, Jordan, Yemen, Tunisia, Bahrain and Palestine); explaining that Mawarid Finance is the third UAE organization to join the Union after Mohammed bin Rashid Establishment for Young Business Leaders and Belhoul United Office from the United Arab Emirates, and the eleventh organization throughout the GCC countries.

The Chairman of the Union welcomed Mawarid Finance saying that increasing the number of the Union's member will contribute towards more cooperation which reflects in boosting the competitive edge of the member organization as they will benefit from exchanging studies, plans and experience of success stories of the Arab organizations, let alone that such environment will provide more support to the Arab entrepreneurs looking for establishing start-up businesses.

Mr. Hany concluded that the provision of such support represents one of the Union's goals in addition to reducing unemployment effects throughout the Arab region, empowering Arab women with regard to the development of small enterprises as well as encouraging Arab mutual investments. He added that the Arab Union for Small Enterprises can be contacted through their websites.

"We are pleased for the keenness shown by the Union towards Mawarid Finance joining the Union. We met Mr. Hany Saif Al Nasr during Abu Dhabi SME Economic Forum as we shared our SME support experience with other participators from 13 countries including our successful networking with concerned organizations in the United Arab Emirates which resulted in the profound response by those organizations to attend our discussion forums with an aim to listen to the problems and challenges faced by entrepreneurs and to provide them with possible solutions to such challenges," said Mohammed Mosabeh Al Neaimi, Chief Executive Officer of Mawarid Finance.

"We were overwhelmingly happy for the great response towards our discussion forums with more than 1000 Emirati national attendees, considering the three discussion forums, which proves the importance of our Falak Tayyeb Business Campaign. As a member to the Arab Union, we will be able to build stronger relationships with all organizations interested in the business of small entrepreneurs whether inside or outside the country, which means more chances to benefit from other experience in this regard," Al Neaimi concluded.