Mohammed Bin Rashid Establishment (MBRE) for young business leaders has launched its strategic plan for growth up to 2015 under the theme “Yes to Growth”.

The plan sets out key strategies to develop entrepreneurship and small and medium enterprises (SMEs) to support the Dubai 2015 Economic Plan.

“SMEs play a critical role in all economies,” said Abdul Baset Al Janahi, CEO, MBRE. “During difficult times, SMEs tend to be more resilient as they are smaller and more nimble to changes in the business environment, compared to larger enterprises. This is the time for the SMEs to regroup and invest in the medium term and long term for growth by investing in innovation and excellence. This will prepare them for a better position in the upturn.”  

Al Janahi elaborated that the MBRE's Strategy (2009 – 2015) includes a number of important initiatives that aim to make Dubai the magnet for intellectual property and innovative SMEs.

“The value-add captured from these new SME businesses will contribute to the future economic competitiveness of Dubai,” he added. “These initiatives include defining SMEs in Dubai and enabling entrepreneurs and SMEs to leverage on IP as a means for strategic growth.” – TradeArabia News Service