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Saturday, November 21 - 2009

Hamdan Bin Mohammed Bin Rashid Program for Young Business Leaders partners with Global Village

  • United Arab Emirates: Wednesday, October 14 - 2009 at 14:16
  • PRESS RELEASE

Hamdan Bin Mohammed Bin Rashid Program for Young Business Leaders, a part of Mohammed Bin Rashid Establishment for SME Development, has signed a strategic MOU with Global Village to provide spaces for Establishment members as well as small and medium entrepreneurs at reduced rates. The initiative aims at supporting projects by young nationals and strengthening the competitiveness of SMEs.

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To benefit from the partnership, Hamdan Bin Mohammed Bin Rashid Program for Young Business Leaders has asked interested members and SMEs to register at the website, www.sme.ae, before October 29, 2009 for participation in Global Village activities, which will be held from November 22, 2009 to February 27, 2010.

Abdul Baset Al Janahi, Chief Executive Officer, Mohammed Bin Rashid Establishment for SME Development, said:
"The partnership with Global Village comes in line with our commitment to affiliate with different organisations in Dubai for strengthening the participation of UAE nationals in the business sector. Global Village is one of the most popular attractions and a strong platform that will benefit small and medium businesses by offering them the opportunity to reach out to millions of visitors. This initiative promotes creativity, supports national projects and help young entrepreneurs to develop their businesses."


"I thank Global Village for providing this opportunity to the young entrepreneurs, who will be able to highlight their projects at one of the most significant tourist and economic destinations in Dubai," he added.

Saeed Ali Bin Redha, Project Director of Global Village, said: "It is a privilege to work closely with Hamdan Bin Mohammed Bin Rashid Program for Young Business Leaders, which is part of the Mohammed Bin Rashid Establishment for SME Development, during every season of the Global Village and offer a platform for supporting the country's entrepreneurs. We are pleased to assist MBRE members and help them realize their full potential for achieving their business goals.

"As a member of Tatweer, Global Village is committed to building small and medium-sized businesses and showcasing the unique achievements of the UAE community, and this opportunity allows us to do both."

Mohammed Bin Rashid Establishment for SME Development is committed to providing a strong business environment for its members. The Establishment supports young entrepreneurs by providing consultation and signing agreements with various entities that support SMEs.
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Notes and media contacts

About Mohammed Bin Rashid Establishment for Small and Medium Size Enterprises:
In September 2009, His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President & Prime Minister and Ruler of Dubai issued Law No.23 of 2009 concerning the Mohammed Bin Rashid Establishment for Small and Medium Size Enterprises, recently renamed the Mohammed Bin Rashid Establishment for Young Business Leaders.

The law defines the goals of the establishment for strengthening Dubai's position as a centre for entrepreneurship and allows for the setting up of projects which encourage entrepreneurship and the innovative ideas of youth. This move seeks to motivate youth to work, as well as to pursue economic activity, such as the development and organisation of programmes and initiatives.

For more information, please contact:
Nizar Aridi /Wafa Yahya
ASDA'A Burson-Marsteller
Tel: (+971 4) 334 4550
Fax: (+971 4) 334 4556

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