Dubai Chamber of Commerce has signed a Memorandum of Understanding (MoU) with Dubai Community Contributions Establishment (JOOD) to support local entrepreneurs and small and medium-sized enterprises (SMEs) focused on sustainability and social impact.
The MoU establishes a strategic partnership to help purpose-driven ventures launch and expand, as per the statement.
The collaboration will aim to mobilize private sector and community contributions solely through JOOD’s digital platforms, which enable the collection, management, and direct disbursement of contributions in line with established governance and compliance frameworks.
Maha Al Gargawi, Vice President of Business Advocacy at Dubai Chambers, commented that, “We are dedicated to fostering a business environment where purpose-driven companies can thrive. This partnership with Jood is a critical step towards building an integrated social entrepreneurship ecosystem in Dubai.”
“By connecting impactful projects with vital funding and resources, we are empowering a new generation of entrepreneurs to address key social and environmental challenges, reinforcing Dubai’s position as a leading global hub for responsible business and contributing directly to the sustainable development goals of the Dubai Economic Agenda D33,” Gargawi added.
Marwan Rashed BinHashim CEO – JOOD
“Through our platforms, we aim to provide transparent, accessible, and trusted channels to support initiatives and projects that address real community needs, and to enable social entrepreneurs to transform their ideas into tangible and sustainable impact. This collaboration reflects our commitment to building an integrated ecosystem that strengthens partnerships between the community and the private sector, and supports a more inclusive, innovative, and sustainable economy, in line with the objectives of the Dubai Social Agenda 33 and the Emirate’s vision for a future driven by positive impact and sustainable development.”
Under the terms of the agreement, the Dubai Chamber of Commerce and Jood will cooperate on relevant initiatives and facilitate access to opportunities that promote positive social and environmental outcomes.
The partnership will also focus on encouraging stakeholder engagement through coordinated communication and awareness efforts, exchanging public information and insights to strengthen transparency, and utilizing each party’s resources and channels to increase awareness and mobilize support for agreed-upon initiatives.
The Dubai Chamber of Commerce-Jood MoU supports the objectives of the Dubai Economic Agenda (D33), which seeks to double the size of the emirate’s economy over the next decade.
By strengthening the social entrepreneurship ecosystem, Dubai Chamber of Commerce and JOOD contribute to building a more diversified, innovative, and sustainable economy, reinforcing Dubai’s leading global position in business and community impact.