DED launches dedicated newsletter for SME owners

Entitled, 'Al Masharia' Al Sagheerah,' the newsletter, which will be published on a quarterly basis, aims to provide guidance and assistance to SMEs in Dubai.

Mr. Fareed Al Abdulla, Executive Supervisor, Business Sector Development Division, Department of Economic Development (DED) said: "The Department has always been committed to creating an ideal climate for the growth and development of SMEs with a special focus on national entrepreneurs. With this sector comprising over 94.3 per cent of economic activities in the country, it is essential to provide all possible support to boost the performance of the sector, as this will eventually reflect on the growth of the economy."

"The establishment and efficient working of a small business offers a variety of challenges for the entrepreneur that are generated by the nature and structure of the local economy in general and the industrial sector in particular," said Al Abdulla. "The DED provides institutional support and guidance via a series of dedicated workshops, training programmes and seminars directed solely to small and medium sized enterprises. In addition, this newsletter will provide a networking platform where entrepreneurs can share their business experiences with each other," he added.

'Al Masharia' Al Sagheerah' contains articles and features about the entire market environment with a special focus on the problems faced by SMEs. It also suggests several solutions to the crucial challenges faced by new SME owners by featuring case studies and sharing best practices from successful entrepreneurs.

It also features detailed steps about the various aspects of establishing and managing an SME in Dubai including methods for pricing to enable small and medium sized enterprises meet market performance and enhancing the quality of their customer services.