Page 31 - 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

Mouza Al Nasri: KFED is committed to support national ventures and entrepreneurship, and boost the
growth of the marine activities and industries related to the marine sector

The Fund offers financial support, training and consulting services to entrepreneurs and start-up owners

th
20 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
st
31 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.

-Ends-

About Khalifa Fund for Enterprise Development:

The Khalifa Fund is an independent, non-profit organisation affiliated with Abu Dhabi Government. Its mission
is to nurture the culture of entrepreneurship, promote innovation, and offer support for small and medium-sized
enterprises (SMEs) within the UAE through a balanced ecosystem.

Founded in 2007 in accordance with Law No. 14 of 2005 and its amendments, the Fund was established to align
with the vision of the late His Highness Sheikh Khalifa Bin Zayed Al Nahyan, former President of the United
Arab Emirates.

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