Mohammed Bin Rashid Establishment for SME Development (MBRE), an agency of the Department of Economic Development in Dubai, recently highlighted its five-year plan and initiatives for the growth of small and medium enterprises.

The reviews came at a recent meeting of MBRE with the German – Emarati Council for Industry and Commerce and Ministry of Economy.

“The meeting was important in reviewing the latest developments in the small and medium business sector, and in learning learn about the opportunities available in Dubai and UAE, and the best practices in the field,” said Abdul Baset Al Janahi, CEO, MBRE.

"We evaluated the best SME practices during our visit to Germany and the policies which drive these practices.”

“We have reviewed the performance of the SME sector in Dubai in line with our commitment to further enhance the sector by exchanging expertise and information,” he added.

Alexander Williams, director of strategy and policy, presented a paper on the results of the growth recorded in small and medium businesses.

MBRE also signed a memorandum of understanding with the German – Emarati Council for Industry and Commerce to enhance cooperation in various aspects related to SMEs. – TradeArabia News Service