Register | Forgot password?
Switch to Arabic
Tuesday, December 1 - 2009

Entrepreneur Business Village signs strategic MoU with Australian Business Council in Dubai

  • United Arab Emirates: Saturday, June 27 - 2009 at 11:41
  • PRESS RELEASE

The Entrepreneur Business Village, the Mohammed Bin Rashid Establishment for Young Business Leaders initiative to create an entrepreneurial hub in Dubai, today signed a Memorandum of Understanding (MoU) with the Australian Business Council - Dubai to expand and develop the emirate's small and medium business sector.

Article continues below
  • Abdul Baset Al Janahi, CEO of the Mohammed Bin Rashid Establishment for Young Business Leaders, and Adam Malouf, Chairman of the Australian Business Council - Dubai, during the signing ceremony.
    Abdul Baset Al Janahi, CEO of the Mohammed Bin Rashid Establishment for Young Business Leaders, and Adam Malouf, Chairman of the Australian Business Council - Dubai, during the signing ceremony.
Abdul Baset Al Janahi, CEO of the Mohammed Bin Rashid Establishment for Young Business Leaders, and Adam Malouf, Chairman of the Australian Business Council - Dubai, signed the MoU earlier today.

Al Janahi said:
"Small and medium businesses play a critical role in supporting economic development in the UAE and worldwide, and we believe this agreement will be mutually beneficial for both the UAE and Australian communities. The partnership with the Australian Business Council - Dubai is part of MBRE's mission to foster an environment conducive to business growth. It will also create added value as well as competitive advantages that will help entrepreneurs to develop their projects."


The cooperation between the Entrepreneur Business Village and the Australian Business Council - Dubai will include the exchange of information and experience, the creation of a calendar for upcoming events and networking opportunities to connect the memberships of the two groups to new business opportunities.

Adam Malouf said, "Our affiliation with the Mohammed Bin Rashid Establishment for Young Business Leaders and the Entrepreneur Business Village complements the strong economic relationship between Australia and the UAE. This partnership aims to improve the performance standards of small and medium business in the country, through providing the required support to effectively help drive the economic development in the UAE."

The Entrepreneur Business Village will provide business incubation support and mentoring help via the Mohammed Bin Rashid Establishment for Young Business Leaders, while the Australian Business Council - Dubai will encourage its members to join the village and become a part of its community.

The Entrepreneur Business Village, a brand new purpose-built one million sq. ft. facility, is located adjacent to the Clock Tower roundabout in Deira. The Village is one of several initiatives from the MBRE to unlock and cultivate the immense business potential among entrepreneurial Emirati, Arab and resident populations, and provides a comprehensive array of services and facilities to drive business.
Also consider reading:
Log in to request more information from Mohammed Bin Rashid Est

Notes and media contacts

About Entrepreneur Business Village:

Entrepreneur Business Village (EBV), is Dubai's Government's latest landmark development in the heart of Dubai. The million square feet commercial development is set to be the regions Largest Business Incubation Park and the focal point for all regional Entrepreneurial Development activities.

EBV aims to provide a complete enabling environment which will be conducive to the growth of start up businesses and small and medium enterprises (SME). It will cater to 100% UAE national as well as mix ownership companies. Unlike most commercial real estate developments EBV will be particularly sensitive to the challenges of setting up and doing business in Dubai and will display a portfolio of offerings suited to the needs of the SME sector including leading incubation services.

EBV is an initiative of the Mohammed Bin Rashid Establishment for Young Business Leaders (MBRE) which is the lead government entity spearheading the Dubai government's efforts to develop the Small & Medium size Enterprise (SME) sector of the emirate, as well as encouraging and enabling UAE national entrepreneurs to take an active role in the infused development. The establishment has a portfolio of members covering a wide number of industries, including service, trade, commercial, professional and industrial.

About Mohammed Bin Rashid Establishment for Young Business Leaders:

Mohammed Bin Rashid Establishment for Young Business Leaders was launched on June 12, 2002 and was formed with a vision to nurture the entrepreneurial spirit in Dubai, encourage and facilitate the development of business and entrepreneurial activity among UAE nationals and catalyze the development and growth of a key sector of the economy, the small and medium business sector.
The Establishment's key activities focus on creation of new businesses by offering a platform for ideas and financial support, inspiring entrepreneurial spirit among UAE nationals, raising awareness of business opportunities and spreading business knowledge and assisting and supporting enterprises run by UAE nationals through instilling best practice and providing them with market opportunities.

About Australian Business Council - Dubai:

The Australian Business Council - Dubai (ABC) is one of the leading business groups in the GCC and the wider Middle East. The key objective of the ABC is to foster and promote trade and business relationships between Australia and the Gulf states, with a particular focus on Dubai and the Northern Emirates of the United Arab Emirates (UAE). Australia and the UAE have a long and rich history of business and trade relations, and the ABC has played, and continues to play a vital and integral role in nurturing this relationship. The ABC currently has over 800 corporate and individual members across all industry sectors.

From a strategic perspective, the ABC seeks to achieve this objective by providing a networking forum for members to help further develop business and trade ties between the two countries. ABC members have access to regular business lunches, special interest breakfasts and seminars to gain access to information and build their networks. These events always feature keynote speakers, who have a breadth and depth of experience in the region that they can impart to members.

For more information please contact the Business Village team on:

Toll Free: 800 EBV - 800 328
Tel: +971 4 3613100
Fax: +971 4 3681000
P.O. Box 66166 Dubai, UAE

Media contact:

Hady Farouk
Media Relations Executive
ASDA'A Burson-Marsteller
P.O. Box 28063
T: 971 4 3344 550
F: 971 4 3344 556

Disclaimer:

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions