The Saud Bin Saqr Foundation for Youth Project Development is reinforcing its role as a key driver for Ras Al Khaimah’s SME sector with the launch of the Entrepreneurs Forum. Hosted at the RAK Chamber of Commerce and Industry, the event aims to build a more connected and supportive environment for local founders and their businesses, aligning with the emirate’s Vision 2030 economic goals.
Quick Facts
- Organized by the Saud Foundation and RAK Chamber of Commerce.
- Aims to connect entrepreneurs with investors and partners.
- Features success stories from local business founders.
- Supports the economic targets of Ras Al Khaimah Vision 2030.
A Platform for Connection and Growth
Youssef Ismail, Chairman of the Saud Bin Saqr Foundation, stated that the forum builds on the success of previous initiatives to support entrepreneurs. He emphasized the joint commitment of the Foundation and the Chamber to strengthen the role of SMEs in driving the emirate’s economic development.
The event is designed to serve as a platform for entrepreneurs to connect with support entities and investors, opening up new avenues for marketing, building partnerships, and exchanging expertise. By fostering a culture of innovation and freelance work, the forum directly contributes to the local economy.
Showcasing Local Success Stories
The forum featured panel discussions and knowledge-sharing sessions where business owners shared their journeys. Speakers presented insights on core entrepreneurial principles and offered practical ideas for founders looking to grow their projects.
Inspiring case studies included presentations from Mohammed Al Nuaimi, head of “Masafa” for consulting and project management; Khaled Al Naqbi, founder of Mochi Dubai; and Amina Al Ahmad, founder of Al Ahmad Law Office.
Attendees also toured an accompanying exhibition showcasing projects from local entrepreneurs, highlighting creative and innovative initiatives from across the emirate.
RAK’s Commitment to a Thriving SME Sector
Mohammed Mosbeh Al Nuaimi, Chairman of the RAK Chamber of Commerce, affirmed the continued partnership with the Saud Foundation to establish an integrated national system for entrepreneurship and innovation. He noted that national programs implemented by the Ras Al Khaimah government have significantly enhanced the competitiveness of the local economy.
Dr. Rashid Khalfan Al Nuaimi, Director General of the Chamber, added that the organization will continue to support the Saud Foundation in the coming years. He stressed a shared focus on converting unique ideas into sustainable investment opportunities to fuel economic growth and create an attractive environment for SMEs.
About The Saud Bin Saqr Foundation for Youth Project Development
The Saud Bin Saqr Foundation for Youth Project Development is a key organization in Ras Al Khaimah dedicated to developing and supporting small and medium-sized enterprises. It works to foster a successful and sustainable business environment that contributes to the economic diversification and growth of the emirate.
Source: Zawya
