Khalifa Fund showcases 11 Emirati-initiated projects at first Al Ain Souq'

Government

Khalifa Fund showcases 11 Emirati-initiated projects at first Al Ain Souq'

Following its profoundly effective 'Abu Dhabi Souq,' which was propelled five years prior to help the native little and medium enterprises(SMEs), the Khalifa Fund for Enterprise Development (KFED) has as of late commenced the main version of 'Al Ain Souq,' which will run until November 21, 2019. This first version includes the items and administrations of some KFED-supported projects in Al Ain, while advancing the Fund's social activity named as 'Sougha.'

The occasion being held at the Hazza bin Zayed Stadium in Al Ain, keeps on drawing VIPs, entrepreneurs, and guests over the UAE. As per KFED, the 'Al Ain Souq' is a chance to advance the undertakings of Emirati entrepreneurs in Al Ain and furnish them with a stage to exhibit their contributions and system with their similarly invested like minded peers. KFED sorted out the occasion to cultivate dynamic commitment between its individuals situated in the city. It additionally fills in as a perfect setting for the members to trade thoughts and encounters just as acquaint their individual organizations with taking an interest providers, merchants, and partners.

Mouza Al Nasri, Acting Chief Executive Officer of KFED, stated: "In the course of recent 12 years, Khalifa Fund has been enthusiastically advancing entrepreneurship in the UAE to help drive the native SME segment. This most recent occasion affirms our unfaltering help for imaginative undertakings and inventive business thoughts by making new spaces and markets to feature national SME items and administrations. Through this activity, Emiratis can acquaint their individual organizations with financial specialists, specialists, and partners in different essential divisions inside the UAE."

She emphasized that the 'Al Ain Souq' is a perfect and intelligent stage to grandstand probably the most conspicuous undertakings bolstered by KFED as a major aspect of its endeavors to urge youthful Emiratis to be associated with imaginative exercises. The Fund helps local entrepreneurs in their offer to transform their inventive thoughts into a reality and make them a positive supporter of the financial advancement of both Abu Dhabi and the UAE.

Al Nasri included: "Since KFED's foundation as an government entity supporting the local economy, it has stayed dynamic in its pledge to advance entrepreneurship and engage new businesses and SMEs in the nation. Under our umbrella, we have national ventures engaged with training, prescription, industry, agribusiness, trade and other essential areas. We are focused on constantly giving them the required help."

During the occasion, KFED is additionally displaying the results of the 'Sougha' foundation, which was established by the Fund in 2009 to resuscitate the Emirati heritage and empower local artisans to change their abilities into careers. Eleven imaginative Emirati-owned projects under KFED's umbrella are in plain view at the 'Al Ain Souq,' including the 'Kids Nest Nursery' by Shamsa Al Memari, which gives an an educational, breeding, healthy and recreational environment for kids; the 'Aduba Safety Systems and Fire Protection' by Ahmed Al Shamsi; the 'Best Moment Event', an occasion arranging venture by Shamsa Al Aryani particularly for private gatherings and weddings; the 'Pure Yellow Flowers' by Meera Al Wheibi; and the 'Mouhrat Al Ain Salon' by Wadha Al Rashdi.

In the mean time, the 'Al Raqi Medical Center,' that gives medical and dental services and owned by Abdullah Makhashen is likewise part of the 'Al Ain Souq.' Other members are the 'Biethaam for Personal Care Products' by Obaid Al Kaabi, that is represented in manufacturing personal care products and detergents; and the 'Arabian Group for Gypsum Industries and Decors' possessed by Saeed Al Aas. Set up in 1972 in Al Ain, the Group is one of the main gypsum enterprises and enrichments organizations in the UAE. They are joined by 'Leberry Textiles and Sewing Equipment' by Latifa Al Aryani; and 'Felix and Norton' for Sweets owned by Swuidan Al Kindi. The 'Spitar Smart App,' structured by the Emirati entrepreneur Matar Al Shamsi, is being displayed at the occasion also. The application is a first-of-its-sort stage that gives clients that provides comprehensive information about health service providers in the nation.

By persistently supporting local entrepreneurs, KFED is featuring the significance of guaranteeing the achievement of SMEs by encouraging associations and access to new markets and stretching out financial assistance to support their sustainability and development.