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Tue, 19.12.2023
Home FINANCE Dubai unveils initiative to accelerate global expansion of SMEs

Dubai unveils initiative to accelerate global expansion of SMEs

by Press Room


Dubai launches Dubai International Growth Initiative
Rep.Image | Courtesy: DMO

HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, has launched the ‘Dubai International Growth Initiative’, allocating $136 million (AED500 million) to accelerate the expansion of small and medium-sized enterprises (SMEs) established in Dubai into global markets.

The new initiative was launched by the Government of Dubai in partnership with Emirates National Bank of Dubai (Emirates NBD). Open to all SMEs founded in Dubai, irrespective of the nationality of the owner, the…



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