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to Dubai SME members in 2023 is also a testament to the commitment of government,
semi-government, federal and private sector entities to empower the SME landscape in
the emirate. Through these efforts, we can partner with agile, innovative small and
medium enterprises and encourage them to leverage their unique capabilities to deliver
impactful projects that position our communities for long-term prosperity, while fostering
a vibrant and inclusive business ecosystem that benefits all stakeholders.”
A vital segment of Dubai’s economy, SMEs account for 99% of establishments and 50%
of the workforce, and contribute nearly 46% to the total value-add generated in Dubai.
They play a critical role in driving economic growth, promoting innovation, progressing
business industries and introducing new markets, which helps solidify Dubai’s standing
as a world-class business-friendly hub that provides exceptional investments and
opportunities.
In line with the objectives of the D33 Agenda, the Dubai Government prioritises the
nurturing of the SME sector and focuses on supporting Emirati entrepreneurs by providing
them with the skills and knowledge necessary to successfully integrate them into the
future workforce. In addition, Dubai intends to increase government spending, which
contributes to raising the value of domestic demand for goods and services.
Abdul Basit Al Janahi, CEO of Dubai SME, said: “Promoting entrepreneurship and
strengthening the city’s SME ecosystem lies at the heart of our operations at Dubai SME.
By nurturing the entrepreneurial environment and inspiring innovation and sustainability,
we aim to further reinforce our city's reputation as a premier global destination for
business and investment, paving the way for achieving the goals of the D33 Agenda, as
envisioned by our visionary leadership. We provide comprehensive financial and
technical support to Emirati entrepreneurs throughout the journey of setting up their
businesses, ensuring that they obtain all assets required to succeed and become drivers
of the city’s economic growth. Our members have also been benefitting from various
initiatives and projects such as our network of business incubators, training sessions, and
workshops.
Entities that provided the highest support in 2023 to Dubai SMEs
Dubai Government entities: Dubai’s Roads and Transport Authority, Dubai Municipality,
Dubai Police, General Directorate of Residency and Foreigners Affairs, and the Dubai
Department of Economy and Tourism in Dubai are the top entities in providing increased
support in terms of value in 2023. Other Dubai government entities that increased the
level of support in terms of volume compared to the same period of 2022 included Public
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