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- With the support of the Zayed Fund, these 3 enterprises were established in the Chechnya Republic
- Khalifa Fund will support 9 companies to participate in this year’s ADIHEX
Abu Dhabi, United Arab Emirates: For the first time in its history, the Khalifa Enterprise Development Fund has supported 3 international entrepreneurs to participate in the Abu Dhabi International Hunting and Equestrian Exhibition (ADIHEX). International players include a number of businesses established in the Chechen Republic and actively supported by the Zayed Foundation, the Khalifa Fund’s partner in the region. The Khalifa Fund will also support the participation of several Emirati businesses representing the UAE’s national heritage through various fields including hunting and equestrian.
The support for these 3 Chechen businesses is part of the long-term international outreach of Khalifa Fund, which established the Zayed Fund in the Chechen capital Grozny in 2017 with a capital of $50 million to support enhancement by developing their entrepreneurial skills Empower women and youth and contribute to the growth of local economies.
HE Alia Al Mazrouei. The CEO of Khalifa Fund for Enterprise Development said: “The Abu Dhabi International Hunting and Equestrian Exhibition is one of the most prestigious and important exhibitions in the region, and it uniquely showcases our heritage, culture and traditions. At Khalifa Fund For the first time in our history, we are delighted to support 3 international businesses as well as our 6 Emirati businesses. Our international counterparts, funded by the Zayed Foundation, share our values in hunting and equestrianism, and in this particular There is also a deep history of making goods and providing services in the field.”
Known for being the largest hunting, equestrian and heritage conservation exhibition in the Middle East and Africa, ADIHX is organised by the Emirates Falcon Club, attracting local and global participants to develop programmes and projects that align with their programmes and projects. Leading environmental and heritage goals in promoting sustainable hunting.
ADIHEX 2022 will bring together more than 105,000 visitors to explore 11 industries in 50,0000 square meters of exhibition space, showcasing the latest technologies, innovations and trends in the industry for more than 680 exhibitors.
Khalifa Fund participants will be at booth 9.C01, Hall 9, Abu Dhabi National Exhibition Centre, from September 26 to October 2.
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About Khalifa Enterprise Development Fund
Khalifa Enterprise Development Fund was established in 2007 under Law No. 14 of 2005 and its amendments to implement the vision of His Highness Sheikh Khalifa bin Zayed Al Nahyan. The Khalifa Fund is an independent non-profit economic development agency of the Abu Dhabi government dedicated to developing and supporting Small and Medium Enterprises (SMEs).
The fund helps develop local businesses in Abu Dhabi by instilling and enriching an investment culture among UAE nationals. The fund also seeks to support and develop SMEs in the UAE.
Khalifa Fund was established in 2007 with a total capital of AED 300 million, which was gradually increased to AED 1 billion in 2008 to meet the growing demand for fund services. In 2011, the total capital of the fund increased to AED 2 billion and the fund covers the entire UAE through a network of branches.
For media inquiries, please contact:
Cameron Herrion
KBS strategy
cameron@kbsstrategies.com
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