Dubai SME, DHL launch global expansion program for SMEs

The agreement was signed by Abdul Baset Al-Janahi, CEO of Dubai SME, and Jeff Walsh, general manager of DHL in the UAE.
Updated 24 July 2017
0

Dubai SME, DHL launch global expansion program for SMEs

Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, has signed an agreement with DHL, a global express transport company, to launch the “Global Expansion Initiative for Small and Medium Enterprises” program.
As per the new initiative, DHL will offer discounted freight charges and also provide access to workshops and training programs on international expansion to Dubai SME members and companies rated under the SME RATE Framework.
Dubai SME launched the SME RATE Framework, a first-of-its-kind initiative in the region to comprehensively rate SME performance. This is instrumental in achieving the goals of the UAE Vision 2021, which include building a diversified and sustainable economy, and aligns with the Dubai Plan 2021 goal of increasing the share of SMEs in the emirate’s GDP.
The agreement was signed by Abdul Baset Al-Janahi, CEO of Dubai SME, and Jeff Walsh, general manager of DHL in the UAE, in the presence of senior executives of both entities.
“The partnership marks a significant step for SMEs particularly in enhancing productivity and promoting innovation among local companies. It will promote the performance and growth of SMEs in Dubai and across the UAE by facilitating logistics, and eliminating obstacles to exporting to markets overseas,” said Al-Janahi.
“The logistics sector plays a lead role in driving sustainable growth in Dubai and the UAE. Through our partnership with DHL, Dubai SME aims to promote best practices among SMEs and empower them for competing with large enterprises in overseas markets,” he added.
Al-Janahi said the partnership will lead to enhanced productivity and promote the export capabilities of local companies across varied sectors such as retail, and food and beverage.
Walsh said: “We look forward to this new partnership with Dubai SME and to help developing businesses in the UAE grow regionally and globally. At DHL Express we are always looking to improve the quality of our services to support our customers in growing successful businesses in the UAE. Joining with Dubai SME will allow growing businesses the chance to look at their options for further expansion and reach new markets across the globe.”


Alinma CEO shares leadership insights at Cambridge event

Alinma Bank CEO Abdulmohsen Al-Fares was a featured speaker at the recent Cambridge Islamic Finance Leadership Program.
Updated 21 July 2019
0

Alinma CEO shares leadership insights at Cambridge event

Alinma Bank CEO Abdulmohsen Al-Fares was a featured speaker at the recent Cambridge Islamic Finance Leadership Program (IFLP), held at the University of Cambridge,  outside of London in the UK.
Al-Fares, who was named CEO of the Year by the Global Islamic Finance Awards, which is a program affiliate of Cambridge IFLP, spent more than an hour discussing his career in Islamic finance, his role in the establishment and growth of Alinma Bank, and his views on leadership and the vital importance of Islamic banking.
“It was indeed an honor to be asked to speak at such a worthwhile event, organized by a quality organization like Cambridge IFLP,” said Al-Fares. “The work they are doing truly supports banks like Alinma and others in the industry; and I feel strongly that with time, Islamic banking and finance will emerge as a fully-fledged alternative to conventional banking. I am, therefore, always pleased to support those organizations and individuals working toward this mission.”
Al-Fares thanked the organizers and lauded them for their efforts to enhance the profile of Islamic banking and finance.
Cambridge IFLP annually brings together 35-50 middle and upper managers from Islamic banking and finance institutions across the world. Over the course of a five-day intensive workshop held on the campus of the University of Cambridge, participants receive lectures on technical aspects of the industry, engage in group activities, and listen to lectures from experts and thought leaders within the industry.