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7/3/25, 11:29 AM KFED’s Abu Dhabi SME Champions Program facilitates 650+ deals worth AED672mln in 2024
Mouza Obaid Saif Al Nasri, Acting CEO, Khalifa Fund. Image Courtesy: Khalifa Fund
SME
KFED’s Abu Dhabi SME Champions Program facilitates 650+
deals worth AED672mln in 2024
Across various key sectors such as IT, consultancy, advertising and event management
Press Release
July 2, 2025
Abu Dhabi: As part of the Abu Dhabi SME Champions Program, Khalifa Fund for Enterprise Development has
witnessed a significant growth in the number of deals forged between SMEs and leading public and private
institutions, achieving a total of 652 deals by 2024, with a total value of AED 672 million, across various key
sectors such as IT, consultancy, advertising and event management.
The initiative was launched in 2023 by the Abu Dhabi Department of Economic Development to increase the
share of procurement opportunities allocated to SMEs by major private companies as well as government
entities and institutions. As a result, the number of registered companies grew from 835 in 2023 to 2,235 in
2024, with the strategic partner count increasing to 20.
https://www.zawya.com/en/press-release/companies-news/kfeds-abu-dhabi-sme-champions-program-facilitates-650-deals-worth-aed672mln-in-2024-t… 1/3
