The Ministry of Economy and Tourism has signed a memorandum of understanding with the Emirates for Growth Fund. The agreement aims to enhance the role of small and medium-sized enterprises in the country's economy. This cooperation is focused on supporting entrepreneurship and fostering the development of innovative projects.
According to official statements, the new partnership will create favorable conditions for business growth. The Emirates for Growth Fund will provide financial and consulting services to companies. This will help them expand their operations and enter new markets.
"We are confident that this memorandum will be a significant step for economic development," stated a representative from the ministry. He emphasized that the government places great importance on supporting the private sector.
