Dubai FDI promotes investment opportunities in Dubai and support international investors to establish a presence here whilst taking advantage of Dubai’s strategic location to access the MENASA region. Dubai FDI assists in the identification of sector specific opportunities, provide connections to a network of both government and non-government partners, and provide support throughout the investment lifecycle from setup to growth. The FDI office has built a growing network of international investment promotion agencies and business facilitators to reach out to investors worldwide, enabling them to be part of the remarkable transformation in Dubai. Investments facilitated by Dubai FDI have also contributed substantially to bringing in game-changing innovations and enterprise diversity to Dubai. For example, Dubai FDI was instrumental in setting up the region’s fist Carbon Neutral warehouse and a facility to produce biofuels from used cooking oil. It has also worked with the global logistics major DHL to set up the ‘DHL Service Point 24/7’ in Dubai in 2011, the first such facility outside Europe.
The DED agency mandated to develop the small and medium enterprise (SME) sector, offers various programs to inspire, mentor and support UAE entrepreneurs. Dubai SME’s unique contribution to the economy is in increasing number of quality of new businesses entering the market. Under its SME 5-year plan, Dubai SME has launched various initiatives to promote entrepreneurship and develop the sector. The agency is also focusing on encouraging and supporting UAE nationals to actively participate in the economic growth of Dubai, and facilitating the establishment of small & medium enterprises. In 2011, Dubai SME launched the ‘Dubai SME100’ initiative, aimed at recognizing outstanding SME performance and potential. The ranking initiative forms a critical component of the SME 5-year plan and identifies those role model SMEs that Dubai and the UAE can be proud of.