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6/28/24, 11:46 AM Dubai SME Members Awarded Contracts Worth AED1.27 Billion In 2023 – Dubai Blog
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 Prosecution, – the General Directorate of Civil Defence
– Dubai, -; Dubai Courts, -; and the Dubai Land Department, -.
Semi-government entities: Emirates Group and Emirates Flight Catering are among the top supporting entities in 2023,
providing the highest level of support in terms of value, while Dubai Integrated Economic Zones Authority provided the most
substantial support in terms of volume in 2023 with an increase of 184% compared to the same period in 2022.
Federal Government entities:The Emirates Health Services Corporation and the Ministry of Human and National Resources
provided the most substantial support in terms of financial value in 2023 compared to the same period in 2022, while the
Ministry of Education witnessed a surge of over 51% in support in terms of volume compared to the same period in 2022.

Private Sector: Union Coop and Majid Al Futtaim Hypermarkets were the top private sector establishments in terms of value
of support in 2023, while Emaar Properties registered an increase of over 203% in the volume of support offered in 2023
compared to the same period of 2022.

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