The new Board of Directors for the Khalifa Fund for Enterprise Development held their first meeting on January 8th, when they discussed how they will develop and improve the Fund's services. Chairman Hussain al Nowais announced that the fund will continue its efforts to contribute effectively in the process of empowerment for Emiratis in different society segments to enhance the level of social welfare.
He went on to say that the Khalifa Fund's management requires hard work and dedication to continue the efforts to accomplish the goal of building the Khalifa Fund. Al Nowais noted this year is the year to develop, enhance and accelerate the Fund's services and processes. The Fund's management will release initiatives aimed to promote the culture of entrepreneurship and to support the country's SMEs sector. Al Nowais called on all departments involved with the Fund to put forth their highest efforts to improve the quality and quantity of the funded projects focused on helping the national economy.
Chief Executive Officer H. E. Abdullah Saeed Al Darmaki introduced the new Board Members to the Fund's mission and objectives. He also explained the Fund's programs and social and economic initiatives. The Fund's mission is to provide comprehensive programs that satisfy the needs of entrepreneurs during their effort to start or grow their businesses. These programs include training, development and marketing, as well as providing data and counseling services. Additionally, the Fund offers various financial solutions with low profits for the visible projects that serve the national economy to cover all SMEs sectors.
The Khalifa Fund has recently launched several social initiatives, including Sougha and Amal. Sougha focuses on helping artisans working with handicrafts or traditional crafts develop and expand their skills. The goal is for artisans to be able to transfer their skills to a source of income and benefits the 400 Emiratis. Another social initiative is the Amal initiative, which serves people with special needs. Amal helps reintegrate inmates into society and helps them establish their businesses.
With all these great initiatives and plans in motion, we can expect to see a very productive year for the Khalifa Fund.
He went on to say that the Khalifa Fund's management requires hard work and dedication to continue the efforts to accomplish the goal of building the Khalifa Fund. Al Nowais noted this year is the year to develop, enhance and accelerate the Fund's services and processes. The Fund's management will release initiatives aimed to promote the culture of entrepreneurship and to support the country's SMEs sector. Al Nowais called on all departments involved with the Fund to put forth their highest efforts to improve the quality and quantity of the funded projects focused on helping the national economy.
Chief Executive Officer H. E. Abdullah Saeed Al Darmaki introduced the new Board Members to the Fund's mission and objectives. He also explained the Fund's programs and social and economic initiatives. The Fund's mission is to provide comprehensive programs that satisfy the needs of entrepreneurs during their effort to start or grow their businesses. These programs include training, development and marketing, as well as providing data and counseling services. Additionally, the Fund offers various financial solutions with low profits for the visible projects that serve the national economy to cover all SMEs sectors.
The Khalifa Fund has recently launched several social initiatives, including Sougha and Amal. Sougha focuses on helping artisans working with handicrafts or traditional crafts develop and expand their skills. The goal is for artisans to be able to transfer their skills to a source of income and benefits the 400 Emiratis. Another social initiative is the Amal initiative, which serves people with special needs. Amal helps reintegrate inmates into society and helps them establish their businesses.
With all these great initiatives and plans in motion, we can expect to see a very productive year for the Khalifa Fund.