The UAE Ministry of Finance has signed an MoU with the Khalifa Fund for Enterprise Development to strengthen cooperation in support of SMEs across the country.
The agreement is aimed at expanding opportunities for entrepreneurs and SMEs accredited by the Fund to participate in federal government procurement. By improving access to public sector contracts, the initiative seeks to accelerate the growth of the SME sector and reinforce the UAE’s wider entrepreneurial ecosystem.
The collaboration also focuses on enhancing the capabilities of SMEs by supporting skills development and readiness.
Gulf Economist Staff Writer