The Mohammed Bin Rashid Establishment for SME Development (MBRE), a part of the Dubai Department of Economic Development, will participate in the Presidential Summit on Entrepreneurship, to be held in Washington DC on April 26 and 27, 2010, hosted by US President Barack Obama. A delegation from MBRE, led by His Excellency Abdul Baset al Janahi – CEO, will attend the summit.
“This invitation is a testament to the important position that MBRE enjoys on the international entrepreneurial map. MBRE is the first organization in the region to develop entrepreneurial skills and to provide an encouraging environment for enterprises to flourish, by supporting the creativity and innovation of young business leaders. Selecting MBRE to participate in this summit with other global organisations marks the successes achieved by the establishment during the past years, by supporting more than 9000 young business leader and facilitating their access to more than AED700 million in government contracts,†said Abdul Baset.
“Under the guidance and visionary leadership of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Hamdan Bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, MBRE has helped establish a new generation of young creative entrepreneurs like Mohammed Harib, Ahmad and Rashed Bin Shbeeb and Maitha Al Dousari who are role models for young business leaders in the region,†he added.
“Our participation in this event comes in line with the vision of His Highness Sheikh Mohammed to improve the performance of MBRE to meet international standards and become a leader in developing the SME sector. This participation also confirms the US interest in enhancing communication with the MBRE and creating real partnerships to benefit the SME sector in the UAE and the region,†explained Basit.
“Through our participation in this summit, we are looking forward to open new outlooks for strategic partnerships with SME sector in America and worldwide. We will discuss the factors of cooperation and our experiences in the sector. We will also meet many organizations and discuss opportunities for future collaboration. We expect that these discussions will result in developing a number MOUs,†he said.
U.S. Ambassador to the UAE Richard Olson welcomed the announcement of the Presidential Summit, saying, “This is one of many ways in which the United States is fulfilling President Obama’s call in Cairo to build strong partnerships based on mutual respect and mutual interests. I am particularly pleased to see a large delegation from the UAE, as I firmly believe that the UAE participants in this Presidential Summit will bring a unique perspective from one of the most entrepreneurial economies in the region.â€
President Obama will inaugurate the Presidential Summit, which will be attended by high-ranking US government officials, senior executives, economic experts and SME specialists from around the world. The summit will host a number of workshops and seminars.
