MBRE unit signs deal with Australian Council

The Entrepreneur Business Village, the Mohammed bin Rashid Establishment for Young Business Leaders initiative to create an entrepreneurial hub in Dubai, has signed a memorandum of understanding with the Australian Business Council-Dubai to expand and develop the emirate's small and medium business sector. Abdul Baset Al Janahi, CEO of the Mohammed bin Rashid Establishment (MBRE) for Young Business Leaders, and Adam Malouf, Chairman of the Australian Business Council-Dubai, signed the MoU yesterday. "Small and medium businesses play a critical role in supporting economic development in the UAE and worldwide, and we believe this agreement will be mutually beneficial for both the UAE and Australian communities," Al Janahi said. "The partnership with the Australian Business Council - Dubai is part of MBRE's mission to foster an environment conducive to business growth. It will also create added value as well as competitive advantages that will help entrepreneurs to develop their projects." The co-operation between the Entrepreneur Business Village and the Australian Business Council - Dubai will include the exchange of information and experience, the creation of a calendar for upcoming events and networking opportunities to connect the memberships of the two groups to new business opportunities. The Entrepreneur Business Village will provide business incubation support and mentoring help via the Mohammed bin Rashid Establishment for Young Business Leaders, while the Australian Business Council - Dubai will encourage its members to join the village and become a part of its community. The Entrepreneur Business Village, a brand new purpose-built one million square feet facility, is located adjacent to the Clock Tower roundabout in Deira. The Village is one of several initiatives from the MBRE to unlock and cultivate the immense business potential among entrepreneurial Emirati, Arab and resident populations, and provides a comprehensive array of services and facilities. Keep up with the latest business news from the region with the daily Emirates Business 24|7 newsletter. To subscribe to the newsletter, please click here .