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7/3/25, 11:33 AM Khalifa Funds Abu Dhabi SME Champions Programme Facilitates 650+ Deals Worth AED672mn In 2024 - UrduPoint
Khalifa Fund's Abu Dhabi SME
Champions Programme Facilitates
650+ Deals Worth AED672mn In 2024
Fahad Shabbir (@FahadShabbir) Published July 03, 2025 | 01:32 AM
(UrduPoint / Pakistan Point News / WAM - 03rd Jul, 2025) ABU DHABI,
2nd July, 2025 (WAM) – As part of the Abu Dhabi SME Champions Programme,
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
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