SMEs represent more than 94% of total companies in the UAE, employing over 86% of the private sector workforce (Ministry of Economy 2019). With such a crucial role in economic growth, Rayhan Aleem, founder of the accounting firm Alpha Pro Partners, is keen to help small business owners overcome one of the main problems that can lead to early closure: a lack of cashflow caused by late payments.
His Excellency Dr Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs, has visited in5, TECOM Group’s enabling platform for entrepreneurs and startups. During the visit, H.E was briefed by the in5’s leadership on the achievements of emerging startups and engaged in discussions around future opportunities to strengthen the entrepreneurship ecosystem in the UAE, and establish the UAE's position as a talent hub.
Dubai Customs launched their initiatives on the World Intellectual Property Day 2021, marked annually on 26 April. This year, the Day shines a light on the critical role of small and medium-sized enterprises (SMEs) in the economy, and how they can use intellectual property (IP) rights to build stronger, more competitive and resilient businesses.
The Pearl Initiative (PI), a leading Gulf business-led non-profit organisation promoting a corporate culture of accountability and transparency, held a virtual panel to discuss the significance of establishing governance frameworks in the early stages of a business’ growth and why this is advantageous in attracting investment.
Marriott International launched its Tahseen programme for the third year in Saudi Arabia, reinforcing its commitment to developing Saudi Arabia’s future hospitality leaders. Launched in 2018 in partnership with Cornell University, Tahseen aims to fast track the next generation of hospitality leaders in the Middle East. This year’s programme in Saudi Arabia will see 52 candidates join the 12-month curriculum, which will accelerate their development as future leaders in the industry.