Meraas and Dubai SME launch Al Seef SME District


December 16, 2018 | By RetailME Bureau

Dubai-based developer Meraas and Dubai SME – the agency of the Department of the Economic Development (DED) in Dubai mandated to develop the small and medium enterprise (SME) sector – have signed a partnership to launch Al Seef SME District. It is set to be an innovation hub within Al Seef, the bustling waterfront promenade with a distinct legacy and contemporary spirit.

Paying tribute to the emirate’s origins as a commercial trading port, the hub will showcase a variety of new businesses, from across the design, fashion, F&B and information technology industries, an opportunity to set up and thrive in its enabling ecosystem.

The partnership was announced at an official signing ceremony that took place in Al Seef. Sally Yacoub, chief malls officer at Meraas, and Abdul Baset Al Janahi, CEO of Dubai SME signed the memorandum of understanding (MoU), in the presence of senior representatives of the two entities. The MoU reinforces the shared commitment of Meraas and Dubai SME to shaping Dubai into a competitive and diversified global start-up hub that prioritises innovation in line with the objectives of the UAE Vision 2021.

“Dubai has created a number of globally competitive SMEs and the UAE’s growing emphasis on innovation is a remarkable opportunity to nurture and sustain our SME success story. For Dubai SME, a key focus is on identifying the best locations and partners to enable local SMEs, particularly those in the fast-emerging and cutting-edge sectors, to innovate and grow. And Al Seef SME District is a reiteration of our commitment,” says Al Janahi.

Al Seef SME District will infuse an entrepreneurial spirit across the destination and reflect its dedication to creating new and exciting experiences for locals and visitors alike. The space will offer essential infrastructure for resident SMEs, from a ‘connected’ work environment to collaboration rooms, and other office facilities.

“Al Seef benefits from Dubai’s strategic geographical position and is successfully drawing in both business and leisure travellers. We are confident that the establishment of Al Seef SME District will testify to the destination’s commitment to leveraging its infrastructure to shape hubs that enable Dubai’s residents to thrive in new and exciting ways. We are keen through this partnership to position Al Seef as more than just a retail destination – we hope to see it become a prime contributor towards Dubai’s overall development,” adds Yacoub.

Meraas’ alignment with Dubai’s strategic objectives to shape a city of happy, creative and empowered people, has driven the growth of its dynamic portfolio of lifestyle destinations, including Al Seef.

Comments

comments

Previous Article Next Article

YOU MAY ALSO LIKE /



UAE-based Etisalat Group has signed an agreement with elGrocer, a leading online 

Continue Reading

November 18, 2021 | By RetailME Bureau

Amazon.ae announced that the 11.11 sale is back once again this year 

Continue Reading

November 8, 2021 | By RetailME Bureau

Abu Dhabi Cooperative Society’s COOP City store is now open in Lake 

Continue Reading

November 3, 2021 | By RetailME Bureau

Union Coop, a consumer cooperative in the UAE, revealed that 78% of 

Continue Reading

August 24, 2021 | By Jibran Chouguley

Union Coop has opened its 23rd branch within the UAE in Jumeirah 

Continue Reading

August 2, 2021 | By Jibran Chouguley

Nando’s has revealed their revamped Sheikh Zayed Road outlet where newcomers and 

Continue Reading

July 8, 2021 | By Jibran Chouguley

UAE-based Al Maya Group announced that it will be boosting import of 

Continue Reading

June 24, 2021 | By RetailME Bureau

UAE-based grocery retail chain, Grandiose has opened its first hypermarket in Abu 

Continue Reading

June 2, 2021 | By RetailME Bureau

UAE-based Carrefour announced its theme and plans for Ramadan 2021. The brand 

Continue Reading

March 31, 2021 | By RetailME Bureau

Locally owned supermarket Spinneys celebrates 60 years of doing business in the 

Continue Reading

March 9, 2021 | By RetailME Bureau
Almarai, Carrefour, Emirates have the most loyal customers

UAE-based Carrefour will become the first retailer in the region to offer new levels 

Continue Reading

February 22, 2021 | By RetailME Bureau

The Organic Farmers’ Market is back in Bay Avenue for its 12th 

Continue Reading

February 17, 2021 | By RetailME Bureau




Download Images RetailME Magazine