Ministry of Economy Introduces Business Mapat GITEX 2019
The Ministry of Economy introduced its 'Business Map (BMap)' platform in the presence of H.E. Eng. Sultan bin Saeed Al Mansoori, UAE Minister of Economy, During its contribution in GITEX Technology Week 2019. The solution, developed by the Strategy and Futures Sector, is a smart business management tool that provides detailed data on key sectors and markets that help investors and entrepreneurs establish or expand a business.
During his visit to the exhibition, the Minister of Economy reviewed many of the services and applications exhibited by the Ministry In its GITEX position this year, in the presence ofH.E Eng. Mohammed bin Abdul Aziz Al Shehhi, Undersecretary of Economic Affairs in the Ministry of Economy and H.E. Juma Mohammed Al Kait, Assistant Undersecretary of the Ministry of Economy for Foreign Trade Affairs. The most notable of these is the MoE Dashboard app, which displays smart reports on the services the ministry provides to customers.
He also reviewed the official website of the National Program for Small and Medium Enterprises (SMEs) of the Ministry of Economy, The information and services it provides to improve the registration practices in its databases and the ability for entrepreneurs to further their businesses.
H.E Al Mansoori said that, GITEX Technology Week, today, has become one of the world's most renowned platform for showcasing technological advancements and applications, The Ministry of Economy is always interested in launching and reviewing new smart initiatives, applications and services to support the country's business sector and its various economic sectors. These efforts are in line with the directives of smart leadership to adopt smart government services at large scale, thereby supporting the country's transformation as a knowledge economy with global competitiveness. he added.
Business Map: A Site to Start New Businesses
BMap' assists small and medium businesses and new businesses who want to start new ventures by using deep learning technologies, by showing the most relevant areas for the user to start a new business.
The site provides forecasts of revenue, profits and career growth by analyzing old and current data, which helps business owners get an overview before they start operations. This analysis considers several factors such as GDP growth, industry growth and population. The site also provides a unique business intelligence mechanism for delivering ideas and business plans to the right investors and people, and helps them find the right partners.
