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Emirati becomes eighth millionaire of UAE s leading money exchange company

Emirati becomes eighth millionaire of UAE s leading money exchange company
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Dubai SME and AUD set up incubator to encourage entrepreneurship among students

The SME sector in the UAE accounted for about 94 per cent of the total number companies and employed more than 86 per cent of the private sector workforce at the end of 2019, according to Ministry of Economy data. In Dubai, SMEs accounted for 95 per cent of companies, employed 42 per cent of the workforce and contributed 40 per cent of the emirate’s gross domestic product. The incubator in AUD joins similar initiatives at the Higher Colleges of Technology and the Amity University in Dubai, according to Dubai SME. These incubators serve specialist sectors, including digital technology and robotics, design and innovations in the sustainability of energy, water, building materials, transport

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