New laws will give business start-ups in Dubai stronger protection to stave off bankruptcy and provide greater access to funding, the head of the emirate’s small business organisation says.
Abdul Baset al Janahi, the chief executive of the Mohammed Bin Rashid Establishment for SME Development, said new businesses run by expatriates and UAE nationals would receive more government support when the laws were introduced this year.
“You’re talking about policy and the legislation cycle takes time, but there are quick things that we are doing,” Mr al Janahi said.
“Our positioning is as an agency that is responsible for the small-medium enterprises and the entrepreneurship in the emirate of Dubai. For us it’s about the whole sector.” [Read More]
