Page 40 - ETIHAD CREDIT INSURANCE PR REPORT - MAY 2024

6/5/24, 4:13 PM UAE MoIAT, ECI, Sheraa to empower SMEs, entrepreneurs in industrial sector

“Our Centre of Excellence aims to enhance the

advanced manufacturing and CPG sectors

within Sharjah and the UAE by launching and

scaling startups, instilling a culture of

innovation, and creating demand for high- Najla Al Midfa
CEO – Sheraa

skilled jobs. This MoU signing actively shows

our collective drive towards excellence in entrepreneurship, and the

advantageous environment the UAE provides for businesses to

grow and expand their markets.”

Fadhel commented that, “The ministry aims to enhance the growth and

competitiveness of the industrial sector through developing enablers and

incentives. We focus on creating investment opportunities that support the growth

of industrial companies, especially for SMEs and entrepreneurs.”

The Assistant Undersecretary further added, “Collaboration between the ministry

and its strategic partners is one way in which the ministry empowers the UAE’s

industrial sector, including its SMEs and entrepreneurs. This collaboration will

open new horizons for industrial projects and emerging companies. Through new

enablers, it will support exports to new markets around the world, providing the

opportunity for emerging companies to participate in the UAE’s economic and

social development.”

Al Mazrouei noted that, “We are pleased to collaborate with the Sheraa and the

MoIAT as it aligns with our commitment to providing innovative credit solutions,

facilitating easy access to finance, offering expert market insights, and nurturing

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