Money and business

A memorandum of understanding between "Mohammed bin Rashid Project Development Corporation" and"Delevero" To support citizens ’projects

Dubai, September 23 / WAM / The Mohammed Bin Rashid Foundation for Small and Medium Enterprises Development, one of the institutions of the Department of Economy and Tourism in Dubai, announced today the signing of a memorandum of understanding with Delivero to enhance growth opportunities for its members, especially those who own specialized projects in the food and beverage sector.
The memo aims to expand the scope of small and medium enterprises in the market, accelerate digital transformation and open new horizons for growth in front of local projects, in line with the ambitious targets of the Dubai Economic Agency D33, which seeks to double the size of the emirate’s economy by 2033.
The Memorandum of Understanding provides a model for cooperation between the public and private sectors, as it allows the members of the Mohammed bin Rashid Foundation for the Development of Small and Medium Enterprises, such as fees for joining allocated to them, and benefiting from preferential commission models, as well as providing intensive promotional support for each participating project with the aim of supporting the efforts to attract customers and marketing activities.
In addition to financial incentives, this partnership provides an integrated program for digital transformation, which includes enhancing the reputation of projects and their spread through marketing through the company’s application, and providing support for it during the starting stage in the market, as well as benefiting from training programs to develop operational operations, and managing personal accounts throughout the specified period.
Ahmed Al -Rum Al -Muhairi, Acting CEO of the Mohammed bin Rashid Foundation for Small and Medium Enterprises Development, said that small and medium enterprises are a basic pillar in the process of the success of the Dubai economy, and it plays a pivotal role in the food and beverage sector, and we seek through this memorandum to benefit from the technical experience of Delevero and our understanding of the requirements of local business, with the aim of facilitating the process of entering the market, and supporting the digital transformation efforts that, It will form the main pillar of the economy in the future.
For his part, Nick Price, General Manager of Delivero in the Middle East said: “Through this partnership with the Mohammed bin Rashid Foundation for Small and Medium Enterprises Development, we are not only working to overcome obstacles to entering the market, but also provide the continuous support that entrepreneurs in the food and beverage sector need to expand their access, enhance their competitiveness, and provide sustainable growth.”

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