Good news for SMEs: freight charges to drop
Dubai SME, the agency of Dubai Economy mandated to develop the small and medium enterprise (SME) sector, has signed an agreement with DHL, the world-leading express transport company, to launch the ‘Global Expansion Initiative for Small and Medium Enterprises’ programme.
As per the new initiative, DHL will offer discounted freight charges and also provide access to workshops and training programmes on international expansion to Dubai SME members and companies rated under the SME RATE Framework.
Dubai SME launched the SME RATE Framework, a first-of-its-kind initiative in the region to comprehensively rate SME performance. This is instrumental to achieving the goals of the UAE Vision 2021 goal to building a diversified and sustainable economy, and aligns with the Dubai Plan 2021 goal of increasing the share of SMEs in the emirate’s GDP.
The agreement was signed by Abdul Baset Al Janahi, CEO of Dubai SME, and Jeff Walsh, General Manager of DHL in the UAE, in the presence of senior executives of both entities.
“The partnership marks a significant step for SMEs particularly in enhancing productivity and promoting innovation among local companies. It will promote the performance and growth of SMEs in Dubai and across the UAE by facilitating logistics, and eliminating obstacles to exporting to markets overseas,” said Al Janahi.
“The logistics sector plays a lead role in driving sustainable growth in Dubai and the UAE. Through our partnership with DHL, Dubai SME aims to promote best practices among SMEs and empower them for competing with large enterprises in overseas markets,” Al Janahi. He added that the partnership will lead to enhanced productivity and promote the export capabilities of local companies across varied sectors such as retail, and food and beverage.
The partnership with DHL also provides local SMEs access to smart shipping solutions, added Al Janahi. “The agreement covers a series of specialised workshops to support skills development and help business owners to identify the best growth strategies, expand to markets overseas, and optimise logistics solutions to efficiently serve their target markets.”
Geoff Walsh said “We look forward to this new partnership with Dubai SME and to help developing businesses in the UAE grow regionally and globally. At DHL Express we are always looking to improve the quality of our services to support our customers in growing successful businesses in the UAE. Joining with Dubai SME will allow growing businesses the