The Mohammed Bin Rashid Establishment for SME Development (MBRE), a part of the Dubai Department of Economic Development, has been positioned as an ideal model of SME development at the Presidential Summit on Entrepreneurship, which was held in Washington DC on April 26 and 27, 2010, hosted by US President Barack Obama. Participants considered MBRE as the only institution in the region that created a distinguished model for encouraging Entrepreneurship by adopting the latest international standards since its establishment from seven years ago.
His Excellency Abdul Baset al Janahi – CEO of MBRE who attended the event said the success is a true reflection of the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, who is aware of the importance of SME development and is keen to strengthen the performance of this vital sector to the global level. “His Highness was always supportive of the sector, and his vision for the Establishment is for it to serve as a professional training ground for SMEs and entrepreneurship and an incubator for innovation and creativity,” he added.
Sheikha Hanadi Bint Nasser Bin Khaled Al Thani from Qatar praised MBRE during the conference for its remarkable achievements in the field of entrepreneurship and SMEs in the Arab world. She said the advanced system adopted by MBRE many years ago has contributed to enhancing the role of SMEs in the UAE and the region.
“Our participation in this summit, has opened new outlooks for strategic partnerships with the SME sector in America and worldwide. We discussed the factors of cooperation and our experiences in the sector. We also met organizations and discuss opportunities for future collaboration,” added His Excellency Abdul Baset al Janahi.
President Obama has inaugurated the Presidential Summit, which was attended by high-ranking US government officials, senior executives, economic experts and SME specialists from around the world. The summit also hosted a number of workshops and seminars.
