"Economy and tourism" and"Community empowerment" They launch an initiative to train 1,000 entrepreneurs from Emirati families

DUBAI, 22nd October, 2018 (WAM) – The Ministry of Economy and Tourism and the Ministry of Community Empowerment announced the launch of an initiative to train and qualify 1,000 entrepreneurs from Emirati families in the country in the field of entrepreneurship and establishing and operating projects. It includes a development program implemented in cooperation with the New Economy Academy and in a strategic partnership with the National Fund for Social Responsibility “Majara”, within the framework of the campaign “The UAE is the Entrepreneurial Capital of the World”, launched by His Excellency. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, “may God protect him.”
This came during a meeting held in Dubai today, in the presence of His Excellency Abdullah Ahmed Al Saleh, Undersecretary of the Ministry of Economy and Tourism, His Excellency Aisha Ahmed Yousef, Undersecretary of the Ministry of Community Empowerment, Sarah Shaw, Executive Director of Majra – The National Fund for Social Responsibility, and Dr. Laila Faridoun, CEO of the New Economy Academy.
His Excellency Abdullah bin Touq Al Marri, Minister of Economy and Tourism, said that the UAE, thanks to the directives of its wise leadership, pays special attention to developing the projects of entrepreneurs and owners of productive and creative projects, as they are an essential pillar for enhancing the growth and competitiveness of the national economy.

He added that the “Entrepreneurs from Emirati Families” initiative is part of the national efforts supporting achieving the goals of the “The UAE is the Entrepreneurial Capital of the World” campaign, as it represents an embodiment of joint work aimed at enhancing the competitiveness of the entrepreneurship environment and small and medium enterprises in the country, and motivating national talents to transform their ideas into sustainable productive projects that contribute to supporting economic development, thus consolidating the UAE’s position as an attractive destination for entrepreneurship. And productive projects at the regional and global levels.
His Excellency explained that, in detail, the initiative aims to qualify 1,000 entrepreneurs from Emirati families in the country and raise their capabilities and practical skills in the fields of entrepreneurship and local production, by providing training and professional qualification and enabling them to develop their products in accordance with quality and competitive standards in the market.

He pointed out that the training program seeks to motivate entrepreneurs from Emirati families to establish new economic activities that contribute to enhancing the sustainability of their income and achieving self-sufficiency, as about 200 families will be trained annually for five consecutive years, and technical support and commercial and marketing guidance will be provided to them, to ensure the continuity and growth of their projects in the long term.
For his part, His Excellency Abdullah Al Saleh said that the Ministry is keen to contribute to the development of the sector of entrepreneurs from Emirati families in the country, based on its vision of the importance of this vital sector in building a productive and creative society that contributes to supporting societal sustainability in the country, pointing to work in this framework in cooperation with our partners through the new initiative for entrepreneurs from Emirati families to provide them with the necessary training and enable them to enter the markets efficiently and with strong expertise.
For her part, Her Excellency Aisha Ahmed Yousef said that supporting entrepreneurs from Emirati families, and encouraging them to establish and launch their own projects, is at the forefront of the Ministry’s priorities to develop their capabilities and hone their skills, so that they can be owners of pioneering projects with future visions that keep pace with development and innovation, in addition to enabling them to achieve economic independence by creating diverse sources of income for them, noting that this initiative comes as a reflection of the Ministry’s strategy “From Care to Empowerment”, in an effort to achieve the goals of the UAE Centennial 2071 under the slogan “Towards a more cohesive society.
She stressed the important role of this ambitious national initiative, which comes in cooperation with the Ministry of Economy and Tourism and the New Economy Academy and in strategic partnership with the National Fund for Social Responsibility “Majara”, in empowering entrepreneurs from Emirati families in the field of entrepreneurship, explaining that it is in line with the directives of the wise leadership, with the aim of encouraging and exploiting national energies and talents, and developing and growing their projects, to become brands in the world. Entrepreneurship enhances productivity and its supportive role in the national economy, contributing to building cohesive families that contribute to achieving sustainable development.
Her Excellency pointed out the Ministry of Community Empowerment’s keenness to expand its community partnerships and cooperation with various entities in the UAE, whether at the governmental or private level, with the aim of building an integrated and participatory environment that stimulates growth and sustainability, and empowering entrepreneurs from Emirati families to enter the local market efficiently and professionally, and improving their capabilities by providing the necessary knowledge tools and resources.
For her part, Sarah Shaw expressed that Majra welcomed participating in this pioneering national initiative aimed at training and qualifying 1,000 entrepreneurs from Emirati families, which embodies the vision of the wise leadership in empowering the nation’s people and enhancing their economic and social participation.

She pointed out that support for this initiative comes from the role of “Majara” in promoting sustainable social responsibility, activating partnerships that enable individuals and institutions to contribute to achieving sustainable development, and consolidating the UAE’s position as a global capital for entrepreneurship.
For her part, Dr. Laila Faridoun said that the New Economy Academy believes that economic empowerment is based on developing competence, skill, and specialized knowledge in all sectors, and the partnership within the initiative to train 1,000 entrepreneurs from Emirati families stems from this belief aimed at instilling entrepreneurial thought in everyone.
She added that the program implemented by the Academy works to provide participants with the tools of the knowledge economy and enable them to manage their production projects in accordance with the highest standards of quality and competitiveness. It also aims to qualify entrepreneurs from Emirati families to be able to innovate and sustain production, face market challenges and advance their products to competitive levels, and that training 1,000 entrepreneurs from Emirati families is a strategic step. Contributes to achieving societal and economic sustainability.
It is noteworthy that the number of entrepreneurs from Emirati families in the UAE witnessed remarkable growth during the year 2024, reaching 3,307 entrepreneurs from Emirati families, recording an annual increase of 4.5%, which is equivalent to the joining of 141 entrepreneurs from Emirati families compared to the year 2023, in which the number reached 3,166 families, which reflects the effectiveness of national initiatives and programs directed to support this vital sector and enhance Its contribution to the local economy.

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