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DUBAI, 24th August, 2022 (WAM) — As part of its Summer 2022 programme activities, the Federal Youth Agency has organised a workshop on “How to Develop a Successful Business” with the aim of raising the importance of youth in the UAE for entrepreneurship.
The workshop provides attendees with the knowledge and opportunities to become successful entrepreneurs and diversify their income streams. It will also help them support personal and professional development to create youth role models to emulate at the national, regional and global levels.
Moderated by Federal Youth Director-General Saeed Al Nazari, the seminar attracted more than 300 young men and women at the Dubai Creative Centre at Emirates Towers to learn from successful Emirati entrepreneurs. They shared their experiences in entrepreneurship and business.
Speakers include Hind Bin Demaithan Al Qemzi, Founder and Creative Director, Hamzat Wasl Studio; Yousef Alarif, Co-founder, Padel26; Mohammad Hanif Al Qassim, Managing Partner, The Manor by JA; Ahmed Abdulhakim, CEO, Lab Holding; Founder and Director, Maska General Manager Fatma Al Khoori.
On this occasion, Al Nazari highlighted the concern of His Highness President Sheikh Mohamed bin Zayed Al Nahyan on the role of Emirati youth in achieving global success, noting that Emirati entrepreneurs have the opportunity to leverage infrastructure Stand out on a global scale and engage in competition, policy and support that allow them to reach great heights. He added: “His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has set the bar for global success, affecting millions of people around the world.”
“Entrepreneurship is a top priority in the UAE and one of the pillars of the 50-year economic plan. Youth institutions have a responsibility to foster entrepreneurship and a culture of entrepreneurship for future generations. They should also encourage young people to start small and medium-sized enterprises for youth. Start-ups are today’s global and the backbone of the national economy, youth entrepreneurship should therefore be encouraged. The Federal Youth Agency helps Emirati youth to upgrade their skills and capabilities to achieve this vision,” said Alnazari.
Al Nazari noted that under the National Entrepreneurship and SME Agenda, the UAE is gearing up to become a global start-up destination by 2031, noting that the UAE is taking several measures such as launching incentive programmes for Emirati youth, including accelerators, materials facilities and start-up funds, To help build startups that can contribute to the nation’s GDP in the future.
“The UAE ranked first in the Global Entrepreneurship Index announced in February during Expo 2020 Dubai. The value of the projects as part of the workshop is estimated to exceed AED370 million, making it a very important and capable platform. Speaker The shared success stories will help the younger generation manage successful projects and avoid many challenges in the future,” he concluded.
The workshop titled “How to Develop a Successful Business” highlighted seven lessons learned from seven national projects.
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