New UAE law to boost SMEs

May 2014

Planned United Arab Emirates legislation aiming to boost the growth of small and medium-sized enterprises will require 10 percent of future federal government contracts to be awarded to SMEs, the economy minister said last month, as reported by Reuters. "We want to encourage government agencies to support SMEs to meet their purchasing, service and consulting needs," Sultan bin Saeed al-Mansouri...

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New UAE law to boost SMEs

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