They demanded that a booth be allocated for them to display their products at competitive prices

Citizen investors: Expo 2020 Dubai is a unique opportunity to support entrepreneurs

  • Expo awarded 56% of its contracts to small and medium-sized companies.

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Investors and entrepreneurs in the country said that "Expo 2020 Dubai" represents a unique opportunity that will not be repeated for Emirati entrepreneurs, to promote their products and display their various projects, not only commodity or service, but also innovative projects based on artificial intelligence, in front of millions of visitors throughout the exhibition period, This contributes to reaching the possibility of forming partnerships for new projects, and increasing sales and marketing abroad.

They explained to "Emirates Today" that attendance at the "Expo" gives an opportunity for the participants to get acquainted closely with the state, and the advantages and facilities it provides in the fields of business, which is an incentive for them to be in the UAE and establish their own companies and projects, which supports the pioneers of the UAE. Business in the country, and helps expand their activities, noting that the economic effects of the "Expo" will not be limited to Dubai only, but also extend to other emirates, especially in the fields of trade, investment, tourism and shopping.

They called for allocating a pavilion for Emirati entrepreneurs at the "Expo" to display their products at competitive prices during the exhibition, and to show the latest developments in the UAE industry, to support entrepreneurship in the UAE and enhance commercial and investment activity and marketing opportunities in a large number of countries in the world, calling on the Ministry of Economy and local economic departments. By adopting this proposal, which contributes to expanding the participation of Emirati entrepreneurs and benefiting from the exhibition, and creating new business opportunities for them in the short and long term.

At the same time, they emphasized that the recent "Expo" announcement, granting 56 percent of its total contracts to small and medium-sized companies, until last June, promotes business growth locally, regionally and globally.

Unique opportunity

In detail, the entrepreneur, Jassim Al Bastaki, said, "Expo 2020 Dubai represents a unique and unrepeatable opportunity for citizen entrepreneurs to promote their products and showcase their various projects, not only goods or services, in front of millions of visitors throughout the exhibition period, but also the innovative projects that It is based on artificial intelligence, which contributes to reaching agreements for new projects, an increase in sales, and gives a picture of the latest progress and technology in Emirati projects.”

Al Bastaki noted that “participation in the exhibition, at the same time, provides great opportunities for Emirati entrepreneurs to learn about new and innovative ideas that are presented in the pavilions of participants from other countries, and to form wide-ranging trade and investment relations with new partners, which contributes to supporting partnerships and establishing more One of the projects in the UAE during and after the exhibition.

He called for allocating a pavilion for Emirati entrepreneurs, to display their products at competitive prices during the exhibition, and to show the latest developments in the UAE industry to support entrepreneurship in the UAE, and to promote commercial and investment activity, and marketing opportunities in a large number of countries in the world.

At the same time, he stressed that the announcement of the "Expo" awarding more than 56 percent of its total contracts to small and medium companies, until last June, contributed to promoting business growth in the short and long term, locally, regionally and globally.

Many benefits

For his part, the businessman and Chairman of the Board of Directors of Al-Shomoukh Group for Oil Services, Dr. Ali Al-Amri, said that “Expo brings many benefits that cannot be repeated for businessmen and entrepreneurs in the UAE, whether they participate in it, or those who visit it.”

Al-Amri explained that the exhibition helps to identify the innovations and new technologies used in various aspects of life, including the fields of economy, business, trade and investment, because the whole world will be present at the Expo, and it will display its latest innovations in this unique and distinctive event.

He pointed out that the presence in the "Expo" will give an opportunity for the participants to get acquainted closely with the UAE and the advantages and facilities it provides in the fields of business, which is an incentive for them to be in the country, establish their own companies and projects, and search for partners from within, which supports men and pioneers. business, helps to expand their economic activities, and contributes to attracting diversified investments.

Al-Amiri noted that the economic effects of the "Expo" will not be limited to Dubai only, but also extend to other emirates, in the fields of trade, investment, tourism and shopping, calling for allocating a pavilion for citizen entrepreneurs, allowing them to participate at exceptional prices, and they can present their projects and establish new partnerships. He pointed out the importance of the Ministry of Economy or local economic departments adopting this proposal, which would contribute to expanding the participation of Emirati entrepreneurs, benefiting from the exhibition and creating new business opportunities for them in the short and long term.

Entrepreneurs

In turn, the head of the Industry Committee at the Abu Dhabi Chamber of Commerce and Industry, Abdullah Al-Qaisiyah, said that “the effects of (Expo) on entrepreneurs are not limited to Dubai, but also extend to include the various emirates of the country, as it opens new areas to support trade exchange and business growth in industry and commerce. And investment, especially in light of the direct meetings during (Expo) and business forums, which clarify investment and trade opportunities in the UAE.” Al-Qaisiyah agreed on the importance of having a pavilion dedicated to Emirati entrepreneurs inside the Expo, provided that the pavilion be in the same area in which the UAE National Pavilion is located, so as to facilitate the access of entrepreneurs and investors from all over the world to the pavilion of Emirati entrepreneurs, to hold meetings and discuss prospects. Cooperation, signing contracts and concluding deals, noting that this will constitute a shift for entrepreneurs in the country.

In the same context, entrepreneur Huda Abdullah said, "Expo 2020 Dubai provides exceptional opportunities for entrepreneurs and small businesses, in particular, with thousands of entrepreneurs meeting face to face in one place for a long time."

She pointed out that the "Expo" announcement that 13,700 small companies, from 148 countries, were registered in the "Expo database", supports small companies, and provides them with unique opportunities to contract with the exhibition, and the countries participating in the event, which opens up new and endless business fields. Supporting entrepreneurship in the UAE.

She pointed out that the presence of a pavilion dedicated to Emirati entrepreneurs at the Expo supports entrepreneurs and allows them to expand significantly and enter into new investments and partnerships.

Small business support

Emirati entrepreneur Abdullah Al Afari said that "Expo 2020 Dubai represents a unique gathering, and many entrepreneurs intend to participate in it, because it provides unprecedented opportunities to increase and support small projects, and enhance their success and opportunities in marketing around the world."

Al-Afari called for the presence of a pavilion that brings together Emirati entrepreneurs at the Expo in one place, to facilitate access to them, conclude deals and contracts for export and import, and establish new projects in various fields, especially those that rely on modern technology and artificial intelligence, as a major part of the future of business. In the world.

It is noteworthy that "Expo" had recently announced that, as of the end of March 2020, it had awarded contracts worth more than 4.6 billion dirhams for small and medium projects, and this type of projects represents about 50% of the total companies registered with "Expo 2020", which awarded 56 % of its total contracts for this sector.

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