(MENAFN) The government of Dubai inaugurated a sum of USD163.3 million to double the funding solutions for pioneering businesses and avid Emirati entrepreneurs who want to partake in UAE markets, Arabian Business reported.
The financing is nominated the Mohammed bin Rashid Fund for SME, the Vice President and Prime Minister and Ruler of Dubai, to establish a governmental initiative for corporate personals who wants to invest in businesses.
"The Fund follows clear procedures within the Dubai SME services, allowing entrepreneurs to benefit from integrated funding solutions." The director-general of the Department of Economic Development of Dubai said.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.