Dubai, UAE – Danube Group, a leading conglomerate in the Middle East and Dubai SME, a subsidiary of the Dubai Department of Economy and Tourism (DET) have signed a Cooperation Agreement to diversify the buyer base and expand market opportunities for Emirati-owned SMEs.
The signing ceremony took place at Danube Properties Headquarters in Dubai, with Rizwan Sajan, Founder and Chairman of Danube Group, and Abdelbaset Mohammed Al Janahi, CEO of Dubai SME, in attendance.
“We are proud to partner with Dubai SME to support the growth and development of small and medium Emirati-owned enterprises in Dubai. Dubai is a hub of opportunities, and this agreement is a testament to our ongoing commitment to support and nurture the business community and contribute to the economic growth of Dubai,” Rizwan Sajan, Founder and Chairman of Danube Group, said.
Abdelbaset Mohammed Al Janahi, CEO of Dubai SME, said: “This agreement with Danube Group is a testament to the unique model of public-private partnerships that define the success of the D33 Agenda, underpinned by the visionary leadership’s commitment to make Dubai the best city to visit, live and work in.”
“It is a significant step towards expanding market opportunities for our SME members, paving the way for notable revenue growth and job creation. By connecting them with private sector buyers and streamlining the tendering process, we are also creating an environment that fosters competition and innovation,” he added.
The strategic partnership aims to attract private sector buyers from various industries, offering Dubai SME-listed members and suppliers a broader range of tender opportunities. By including private sector buyers, the program opens new avenues for growth and business expansion, enhancing the market reach for Emirati-owned SMEs and fostering economic development in Dubai.
The agreement also seeks to increase the number of buyers participating in the program, fostering healthy competition among the Members’ suppliers, to drive innovation, improve quality, and promote efficiency.
The partnership will also focus on fostering collaborations between Dubai SME members and private sector buyers. By facilitating networking opportunities, the program encourages the formation of long-term business associations, driving mutual growth and success. These partnerships are expected to lead to innovative solutions and sustainable business practices, benefiting the broader business ecosystem in Dubai.