Page 28 - KHALIFA FUND PR REPORT FEBRUARY 2025

2/21/25, 11:43 AM Khalifa Fund sponsors 4 ventures participating in Dubai International Boat Show 2025

Khalifa Fund sponsors 4 ventures participating

in Dubai International Boat Show 2025

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2025-02-21 12:45:25

(MENAFN- Orient Planet Group) 20th of February, Dubai, United Arab Emirates - The Khalifa
Fund for Enterprise Development (KFED) announced its sponsorship to four small and
medium-sized enterprises (SMEs) during its participation in the 31st edition of the Dubai
International Boat Show, held at the Dubai Harbour and running until February 23.
The participating companies in exhibition are: ‘Sea & Deep Frame Making,’ renowned for its
aquatic necklaces, and accessories and Raisin artwork creations, presently in its tenth year
of participation. Other companies include the ‘Al Qeersh Sea Games,’ which organises water
sports events such as: Kayak, water skiing, jet skiing, and windsurfing, as well as ‘Hide’, a
manufacturer of waterproof marine bags and ‘Hamar,’ a venture which specialises in
maritime style and accessories.
Mouza Al Nasri, Acting CEO of KFED, said: ‘At KFED, we strive to uncover the immense
potential of national entities that participate in the Dubai International Boat Show, a dynamic
global event with a legacy of over three decades. This strategic approach highlights our
commitment to drive entrepreneurship within the nation, by boosting the growth of the
marine activities and industries related to the marine sector. This is the key to advancing the
national economy’s diversity and sustainability, while consolidating the UAE’s leading
position within the global tourism landscape. Moreover, the significance of the marine sector
is further bolstered by its deep connection to the nation’s rich cultural heritage and history.’
KFED provides financial support, training and consulting services to entrepreneurs and
owners, as well as business owners seeking to expand their operations. In 2024, the Fund
successfully organised entrepreneurship training courses for 5,658 applicants and
conducted group counselling sessions for 613 participants.
These initiatives reflect the Fund’s long-standing efforts to offer comprehensive support and
expert guidance to entrepreneurs, empowering them to transform their vision into inspiring
success stories.

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