Amazon-Owned Souq.com Signs An Agreement to Support UAE SMEs

Dubai Economy entity and Souq.com are joining hands to launch a new initiative for SME’s to further encourage the small-and-medium-sized enterprises in the UAE.

The Memorandum of Understanding (MoU) was signed on Wednesday, and it plans on providing its registered SMEs with integrated e-commerce solutions, comprising online product display, e-payment, product delivery and logistics support.

Abdul Basset Al Janahi, CEO of Dubai SME stated that this new agreement with Sour.com will widen the horizon and open up new opportunities for SMEs. “Dubai SME plays a vital role in promoting entrepreneurship and encouraging innovative ideas among the youth, motivating them to engage in economic activity and launching initiatives that help them grow. The partnership with Souq.com now will provide more opportunities for our member SMEs and open up new markets for them to achieve sustainability and competitiveness.”

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