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UAE supports SMEs by 10 percent of government contracts  Join our daily free Newsletter

MENAFN - 14/04/2014
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(MENAFN) As part of UAE's government to improve and support small and medium-sized enterprises, it will offer 10 percent of future federal government contracts to be awarded to SMEs, according to Arabian Business



Economy minister Sultan bin Saeed Al Mansouri said: "We want to encourage government agencies to support SMEs to meet their purchasing, service and consulting needs.




The government aims to reduce unemployment in the #UAE and help its citizens establish their own companies



SMEs will be offered the 10 percent annual financing, as well as tax incentives by domestic major banks

 
 


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