In the UAE, small and medium-sized enterprises are classified in the context of their sectors and economic activities they engage in.
Typically, small and medium enterprises are divided into categories depending on the sector in which they operate. This allows the government and various organizations to effectively study and support the economic sector in which these companies function.
As noted in one of the reports on the business segment in the UAE, such distribution not only allows analyzing the contribution of each category to the country's economy, but also provides insights for the development of the business community in various sectors.
"Each sector has its own characteristics and requirements, and when we classify small and medium enterprises by this parameter, we can provide more targeted support to these enterprises," noted an expert in the field of economics.
