DEDC begins new offering to SMEs

State-run Dubai Export Development Corporation (DEDC) has launched a new programme to provide financial assistant to the country’s exporters.

The export assistance programme has been designed to aid small and medium-sized enterprises (SMEs) gain easier access to financial help to export their goods.

Sami Al Qamzi, director general of Dubai’s department of economic development, the government body which the DEDC answers to, comments: “The export assistance programme will help us expand the overall number of sustainable national exporters for the long-term benefit of Dubai and the United Arab Emirates as a whole.”

The programme assists in SMEs in a number of activities including conducting market studies and visits, exhibiting at trade shows and financing buyers visits.

“Qualified SMEs will be encouraged to undertake export promotion activities in order to create or increase the demand outside the country for their products,” Al Qmazi adds.

Saed Al Awadi, chief executive officer for the DEDC, says: “The DEDC has a very clear objective to be a world-class export development and promotion body and has developed value-added trade support services to UAE-based firms exporting through Dubai for accelerated and profitable expansion of their businesses in foreign markets.”