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Four UAE establishments sponsor the Mohammed bin Rashid Awards for Small and Medium Enterprises
- United Arab Emirates: Monday, March 22 - 2004 at 16:10
- PRESS RELEASE
Mohammed bin Rashid Est. for Young Business Leaders has announced the participation of 4 leading UAE establishments in sponsoring the Mohammed bin Rashid Awards for Small and Medium Enterprises, to be presented tonight at a special ceremony to be held at the Jumeirah Beach Hotel.
Mr. Butti Bin Khalifa Al Felasi, CEO of Dubai Islamic Bank, said, " Sponsoring the Mohammed bin Rashid Awards for Small and Medium Enterprises is a step towards strengthening our strategic partnership with Mohammed Bin Rashid Establishment and in line with our objective of encouraging various events organized by the Establishment."
He added, "Mohammed bin Rashid Awards for Small and Medium Enterprises is an initiative aimed at supporting the youth to enter the business world with confidence, and to contribute in the growth process of the United Arab Emirates."
Mr. Abdul Aziz Al Ghurair, CEO of Mashreq Bank said, "Young UAE national entrepreneurs constitute the backbone of a healthy economy. We at Mashreq Bank are pleased to support young nationals to pursue their dreams and turn them into reality."
He clarified by saying, "The Awards' significance lies in encouraging hard work and greater productivity."
Commenting on the company's support of the event, Mr. Eqbal Al Yousuf, Vice Chairman of Al Yousuf LLC, said: "Fifty years ago our company was established on the entrepreneurial spirit of my father, our Chairman Yousuf Habib Al Yousuf. His flair for business, spirit of adventure and a willingness to take prudent risks have built the company that today has interests in many sectors."
"We recognize the need to nurture and encourage the growth of entrepreneurial talent within the community so that Dubai's success is ensured for the next fifty years and beyond," Al Yousuf added.
Abdul Latif Al Sayegh, Managing Director of Arabian Radio Network said, "We have made sure since the launch of the Establishment to provide all kinds of media coverage for the projects of the Establishment as we realize the importance of the media exposure in highlighting the significance of the companies supported by the Establishment."
Al Sayegh added, "We are pleased to participate in sponsoring the Awards as we believe that it is a strong incentive for young nationals to explore the business world, which will enable them to strengthen their roles in building the economy of the country,"
Abdul Baset Al Janahi, CEO of the Mohammed bin Rashid Establishment said, "A number UAE companies expressed their interest in sponsoring the Mohammed bin Rashid Awards for Small and Medium Enterprises since the announcement of the Awards. Four national establishments are sponsoring the Awards this year, which will contribute to the success of the event and help achieve its goals."
Al Janahi added, "The sponsors enjoy strategic partnership with the Mohamed bin Rashid Est. for Young Business Leaders and have contributed effectively in supporting business projects and encouraging young entrepreneurs to step into the business world."
Dubai Islamic Bank and Al Mashreq Bank are Platinum sponsors, Al Yousuf LL is golden, and A.R.N is the silver sponsor of Mohammed bin Rashid Awards for Small and Medium Enterprises.
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