Dubai Silicon Oasis Authority (DSOA), the integrated free zone technology park, today hosted a first-of-its-kind event to cultivate local small and medium enterprises (SMEs).
The event, which aimed to enhance DSOA’s synergy with its partners by offering them value-added business gains and opportunities, gathered key Emirati businesses registered with the Mohammed Bin Rashid Establishment for small and medium sized enterprises (MBRE). It also helped facilitate knowledge exchange and networking opportunities to drive business growth.
Through similar initiatives, DSOA aims to encourage more local businesses to be part of its procurement process as key suppliers and help serve its large tenant-base.
Dr. Juma Al Matrooshi, Executive Vice President - Corporate Excellence & Support at Dubai Silicon Oasis Authority, said: “We are committed to fostering local businesses to drive economic growth. Small and medium enterprises make a huge contribution to the economy GDP. We believe such a proposition will help provide a springboard to Emirati businesses and explore their full potential in the SME sector.”
Wholly-owned by the Government of Dubai, DSO operates as a free zone for companies producing semiconductors, microelectronics, and other high-tech products seeking to establish regional headquarters and centers of research and development in the Middle East and Africa.