Etihad Aviation Hosts Entrepreneurs from Khalifa Fund and Mohammed Bin Rashid Establishment
Press release
Adil Al-Mulla, Vice President Group Procurement and Supply Management, Etihad Aviation Group
Etihad Aviation Group’s (EAG) Procurement and Supply Management team has held its annual ‘Moving Forward” forum in Abu Dhabi.
Attended by more than 50 entrepreneurs from the Khalifa Fund for Enterprise Development and the Mohammed Bin Rashid Establishment, the forum included a workshop about EAG’s procurement policies and procedures, as well as, forthcoming commercial opportunities with the Fund’s members.
The entrepreneurs learnt about ways to enhance the entrepreneurship environment for their projects which will enable them to develop their services and products.
Adil Al-Mulla, Vice President Group Procurement and Supply Management, Etihad Aviation Group, said: We constantly encourage government entities and big national companies to follow the example of Etihad Aviation Group in the field of supporting small and medium enterprises by reducing the restrictions to give them contracts.
“We were delighted to host so many inspiring business people at the forum and look forward to seeing how they develop over the coming months.”
© 2000 - 2025 Al Bawaba (www.albawaba.com)
Background Information
Etihad Airways
As an airline, Etihad has come a long way in a short time – just like its home Abu Dhabi.
The airline was established by Royal (Emiri) Decree in July 2003 and is wholly owned by the Government of Abu Dhabi with a mandate to operate safely, commercially and profitably.
Khalifa Fund for Enterprise Development
Khalifa Fund was established in June 2007 by the virtue of the (Law 14 of 2005), as an independent, Not for Profit Small and Medium Enterprises (SMEs) Socio Economic Development agency of the Government of Abu Dhabi. The purpose of establishing the fund is to help develop local enterprises in Abu Dhabi by instilling and enriching the culture of investment amongst UAE nationals, as well as supporting and developing small to medium-sized investments in the Emirate. Khalifa Fund started with a total capital of AED 300 million, which was gradually increased to AED 2 billion and covering all the UAE.
Mohammed Bin Rashid Establishment for Small and Medium Size Enterprises
In September 2009, His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President & Prime Minister and Ruler of Dubai issued Law No.23 of 2009 concerning the Mohammed Bin Rashid Establishment for Small and Medium Size Enterprises, recently renamed the Mohammed Bin Rashid Establishment for Young Business Leaders.
The law defines the goals of the establishment for strengthening Dubai’s position as a centre for entrepreneurship and allows for the setting up of projects which encourage entrepreneurship and the innovative ideas of youth. This move seeks to motivate youth to work, as well as to pursue economic activity, such as the development and organisation of programs and initiatives.
Check out our PR service
Subscribe
Sign up to our newsletter for exclusive updates and enhanced content
