Majid Bin Mohammed inaugurates Dubai SME's National Souq at Wafi

His Excellency Sami Al Qamzi, Director General of the Department of Economic Development (DED) in Dubai, was also present at the occasion.

Dubai SME, the DED agency mandated to develop the small and medium enterprise (SME) sector, is organising the souq from 27th to 29th November, 2012, as directed by His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai.

His Highness toured the exhibition, highlighting the importance of such initiatives in promoting entrepreneurship and developing the national spirit among young Emiratis, particularly since such platforms help achieve the ambitions and aspirations of entrepreneurs as well as qualify them in best practices.

The initiative stems from the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, to support UAE national entrepreneurs and their innovative ideas.

"I am thankful to Their Highnesses Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum and Sheikh Majid Bin Mohammed Bin Rashid Al Maktoum for their special attention and support extended to national entrepreneurs and their initiatives. Dubai SME is keen to provide an ideal growth environment for young Emirati business leaders, help them to participate in developing the business sector in the UAE, and enable them to lead local projects," said Al Qamzi.

Abdul Baset Al Janahi, Chief Executive Officer, Dubai SME, added: "Organising a special souq for SME products is an effective means for Dubai SME and the society to contribute to the 41st National Day celebrations. A Dubai SME team will be present in Wafi throughout the event to ensure the success of the National Souq and provide the necessary support to the members."

The souq mainly includes products inspired by the UAE and its 41st National Day. The exhibits also includes souvenirs, clothing bearing patriotic signs and phrases, stationery, car accessories, paintings, kids clothing with national motifs as well as school supplies, among other products.