The Dubai Business Women Council (DBWC) has signed a Memorandum of Understanding (MoU) with the Department of Economic Development (DED) to strengthen cooperation in supporting and empowering female entrepreneurs in the council.
The agreement intends to provide various privileges to entrepreneurs by exchanging experiences in the field of small and medium enterprises and organizing events and initiatives to promote entrepreneurial projects.
According to the statement, the initiatives will result in the sustainable development of their businesses and meeting their professional aspirations as active members of the economy of Dubai and the UAE.
Dr. Raja Al Gurg, President of the Dubai Business Women Council (DBWC) has stated that the MoU establishes an organizational framework for collaboration with the DED to strengthen relationships and achieve common visions and goals to encourage entrepreneurship and support women in the SME sector.
“This would help serve the vision and orientations of the UAE and the efforts underway to raise this vital sector. Our partnership with the DED is expected to provide support for the projects of female entrepreneurs and take them to new heights of development and expansion by tapping into the DED’s capabilities and expertise in this regard and its ability to achieve growth for the members of the Council and enhance their status.”
Furthermore, Dr. Al Gurg noted that the MoU underpins the DBWC’s role in assisting the entrepreneurship sector, which has the priority among the council’s initiatives and programs to cement the status of Dubai as a leading entrepreneurship hub across the region.
“Empowering women through business and entrepreneurship is the main focus of Dubai Economy and our efforts have expanded to wider geographies and demographics through initiatives such as SheTrades MENA as well as the efforts of Dubai SME, our agency mandated to develop the small and medium enterprises sector, to promote an entrepreneurial culture across the local community through specialized training, advisory and funding for idea incubation and start-up growth,” commented Ms. Mariam Al Afridi, Director- Government Communication at Dubai Economy.