First Published: 2013-08-05

 

Dubai hosts first World Entrepreneurship Forum in Middle East

 

Forum brings together key actors of entrepreneurial ecosystem from pool of entrepreneurs, social entrepreneurs, stakeholders, service providers, experts, academics, and politicians.

 

Middle East Online

‘Dubai has seen major strides’

DUBAI - Dubai SME, the agency of the Department of Economic Development (DED) in Dubai mandated to develop the small and medium enterprise (SME) sector, has signed a memorandum of understanding (MoU) with the World Entrepreneurship Forum to host the UAE chapter of the Forum to promote entrepreneurial idea exchange and networking in the region.

Established in 2008, the World Entrepreneurship Forum is an expanding community of entrepreneurs worldwide united to leverage the power of ideas to promote entrepreneurial spirit in all fields of society and find solutions to the economic and social challenges facing the world.

Dubai will be the first city in the Middle East to host a local chapter of the World Entrepreneurship Forum in December 2013 and Dubai SME will be responsible for co-ordinating the local chapter through co-shaping policy ideas with regional key stakeholders to influence change and advancing entrepreneurship as a core strategy for socio-economic development.

The Forum brings together key actors of the entrepreneurial ecosystem from a pool of entrepreneurs, social entrepreneurs, stakeholders, service providers, experts, academics, and politicians selected for their contribution and impact to society.

The local chapter of the World Entrepreneurship Forum aims at bringing together all stakeholders in any given country to contribute to the Forum's mission: "Promote and Accelerate Entrepreneurship locally as a way to create wealth and social justice, to prepare the world of 2050."

Building on Dubai's position as a hub of innovation and entrepreneurship, Dubai SME and the World Entrepreneurship Forum will work towards putting together a well-rounded local chapter that will advance the Forum's mission and help entrepreneurship in the Middle East and North Africa move to the next level.

Abdul Baset Al Janahi, Chief Executive Officer of Dubai SME, remarked: "Dubai has seen major strides in growing into a modern entrepreneurial hub recently in the spheres of policy and strategy. Integrating fast-evolving economic and financial knowledge into our rich entrepreneurial traditions is essential to the success of our efforts. The World Entrepreneurship Forum will be a perfect fit with Dubai SME's efforts in this direction."

Tugrul Atamer, Executive Chairman of the World Entrepreneurship Forum, added: "Our local chapters have the very important mission to source successful entrepreneurs, academics, experts and policy makers, and identify best practices to be showcased at an international level. Dubai happens to be an excellent place to gather all key stakeholders of the region".

The World Entrepreneurship Forum (www.world-entrepreneurship-forum.com) was founded in 2008 by EMLYON Business School (France) and KPMG France along with the ACE (Action Community for Entrepreneurship) and NTU (Nanyang Technological University) in Singapore, Chamber of Commerce and Industry of Lyon and Lyon City (France) and Zhejiang University (China).

The programmes and activities of the World Entrepreneurship Forum focus on four key pillars: Creating innovative and high-growth companies for job creation; Developing entrepreneurship at the bottom of the pyramid to alleviate poverty and create new markets; Shaping entrepreneurial cities; and Implementing entrepreneurial education.

 

IS jihadists move closer than ever to central Damascus

A year on, recapture of Yazidi hub remains a distant prospect

EU leaders call for action to defend migrants’ 'dignity'

Palmyra temple appears ‘largely intact’ after ISIS blast

Over 10,000 Icelanders ready to welcome Syrians

Libya loyalist forces battle IS jihadists in Benghazi

South Sudan peace deal in jeopardy

Pressure builds on Europe as refugee crisis exposes splits

Israel confirms jail for Druze ex-MP over visit to Syria

Egypt much delayed elections to start on October 17

Turkey to offer cash rewards for tips on ‘terrorists’

Yemen children's hospital on the verge of shutting down

In gruesome video, ISIS shows burning alive of Iraq Shiite fighters

Four years after famine, situation in Somalia remains alarming

IS blows up parts of famed Palmyra temple

Deadly fire at housing complex of Aramco in Saudi Arabia

In historic first, Saudi Arabia allows women to run in local elections

Israel repels protesters with tear gas at separation barrier in West Bank

ISIS brutality in Syria: Over 90 people executed in one month

Bashir to visit China despite international arrest warrant

Egypt summons British envoy in row over Al-Jazeera trial

Yemen war seeks to stop ‘Iran expansion’ in Arab region

Lebanon protesters to government: Meet our demands of face escalation

Calls for action on refugee crisis mount after Austrian tragedy

Kuwait lawmaker describes Iran as 'true enemy' of Gulf Arabs

Two French journalists charged with bid to blackmail Morocco King

Algeria detains former intelligence chief

Kurdish forces free seven Iraq villages from clasps of ISIS

Toll in Libya shipwreck tragedy rises to 111

Egypt court hands Al-Jazeera reporters three years in prison

UN to host new round of Libya peace talks next week

US names ‘First Special Presidential Envoy for Hostage Affairs’

Mounting death toll of security forces triggers questions in Turkey

Deadly terrorist blast rocks Karanah suburb in Bahrain

Brief truce between Syria regime and rebels collapses

Al-Qaeda lashes 10 in Yemen for blasphemy, alcohol

Turkey PM to form cabinet ahead of November polls

Iraq PM orders forces to prepare to open Green Zone

71 'Syrians' dead in Austria truck tragedy

UN conference on plight of minorities persecuted by IS

Spain judge accuses suspect of running IS Morocco network

Yemen army recruits 4,800 southern fighters

Israel to use agriculture to win friends in Africa

Syrian refugees desert Middle East for Europe

At least 76 die as boat sinks off Libya