News DeskDubai, UAE – Dubai SME, under the Dubai Department of Economy and Tourism (DET), and Danube Group have signed a Cooperation Agreement aimed at diversifying the buyer base and expanding market opportunities for Emirati-owned SMEs. This strategic partnership aligns with the vision of His Highness Sheikh Mohamed bin Rashid Al Maktoum and supports the Dubai Economic Agenda, D33, which aims to reinforce Dubai’s status as a global hub for business and leisure.
The signing ceremony was held at Danube Properties Headquarters in Dubai, attended by Rizwan Sajan, Founder and Chairman of Danube Group, and Abdelbaset Mohammed Al Janahi, CEO of Dubai SME.
Abdelbaset Mohammed Al Janahi highlighted the significance of this agreement, emphasizing its role in expanding market opportunities and fostering a competitive environment for SMEs. He noted that the partnership exemplifies the successful model of public-private collaboration pivotal to the D33 Agenda, aimed at making Dubai the best city to visit, live, and work in. Al Janahi expressed gratitude for the support from private sector groups like Danube, underlining the commitment to ongoing stakeholder collaboration.
Rizwan Sajan, expressing pride in the partnership, reiterated Danube Group’s dedication to supporting the growth of Emirati SMEs in Dubai. He emphasized Dubai’s status as a hub of opportunities and commended the efforts of Dubai SME in driving economic growth and development.
Expanding Market Opportunities:
The partnership aims to attract private sector buyers from various industries, providing Dubai SME-listed members with a broader range of tender opportunities. This will enhance market reach for Emirati SMEs and contribute to Dubai’s economic development.
Enhancing Competition:
By increasing the number of buyers participating in the program, the agreement aims to foster healthy competition among suppliers. This competitive environment is expected to drive innovation, improve quality, and promote efficiency.
Streamlining the Tendering Process:
The collaboration seeks to simplify the tendering process for private-sector buyers. This includes making it easier for them to post tenders and evaluate supplier proposals, facilitating smoother transactions and partnerships.
Through this strategic alliance, Danube Group and Dubai SME aim to create a thriving business environment that supports growth, innovation, and sustainability for Emirati SMEs, thereby contributing to the overall economic prosperity of Dubai.
