(MENAFN Press) Dubai SME, the agency of the Department of Economic Development (DED) mandated to develop the small and medium enterprise (SME) sector, will organise a market for innovative products of its members to mark the UAE's 41st National Day as directed by His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai. The market will be held in Wafi from 27 to 29 November, 2012.
The initiative stems from the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, to support national entrepreneurs and their innovative ideas. Dubai SME is also keen to provide an ideal growth environment for young Emirati business leaders, help them to participate in developing the business sector in the UAE and the Arab world, and enable them to lead international projects.
A special committee of Dubai SME has started communicating with members in the UAE to ensure their participation in the Wafi market and to select projects that demonstrate a high degree of professionalism and innovation.
Abdul Baset Al Janahi, Chief Executive Officer, Dubai SME, said: "We thank His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum for his unwavering support to national entrepreneurs. SMEs constitute 95% of the registered businesses in Dubai and account for over 40% of Dubai's GDP and 42% of the workforce.
Dubai SME is implementing strategies and initiatives that stimulate innovation and spread an enabling entrepreneurial culture to enhance business confidence and add value to SME development in the country."
Al Janahi added: "Organising a special market for SME products is also a means for Dubai SME and the society to contribute to the National Day celebrations."
The market will mainly include products inspired by the UAE and its 41st National Day. The exhibits will include souvenirs, clothing bearing patriotic signs and phrases, stationery, car accessories paintings, kids wear with national motifs as well as school supplies.