Millennium Hotels and Resorts, MEA is pleased to announce the signing of a Memorandum of Understanding (MOU) with Dubai’s esteemed entity, Mohammed Bin Rashid Establishment for Small and Medium Enterprises Development (Dubai SME).
The MOU, signed by Mr Abdul Baset Al Janahi, CEO of Dubai SME, and Mr Fahad Abdulrahim Kazim, CEO of Millennium Hotels and Resorts, MEA, will mark a significant milestone in their joint commitment to fostering economic growth, enhancing competition, and strengthening the local SME ecosystem.
The partnership aligns with Millennium Hotels and Resorts MEA’s core brand pillars, highlighting the importance of community engagement. Recognising the crucial role of SMEs in driving economic development, Millennium Hotels and Resorts, MEA is deeply committed to supporting local businesses in all its operational locations and aims to establish sustainable partnerships and collaborations that fuel innovation and mutual growth for their enterprises, providing equal opportunity.
Under the MOU agreement, Dubai SMEs will provide Millennium Hotels and Resorts, MEA, with comprehensive information on registered SMEs across various categories allowing the hotel brand to extend multiple opportunities for these SMEs to participate. Each entity will become part of the hotel’s procurement process, enabling them to expand their market reach and diversify their buyer base. The collaboration aims to enhance competition, streamline the tendering process and foster seamless engagement between members and private sector buyers.
In addition to supporting local SMEs, Millennium Hotels and Resorts strongly emphasises sustainability and environmental responsibility. By engaging with SMEs and integrating their expertise into its operations, the hotel chain aims to enhance its sustainable practices further and contribute positively to the local community.
Mr Fahad Abdulrahim Kazim, CEO of Millennium Hotels and Resorts, expressed his enthusiasm about the collaboration, stating, “We are delighted to join hands with Dubai SME and strengthen our support for small and medium-sized enterprises. This MOU underscores our dedication to fostering economic growth, promoting healthy competition, and driving collaboration within the local business community. We firmly believe that by providing opportunities for SMEs, we can collectively contribute to sustainable development and develop an inclusive business environment.”
For further information, visit www.millenniumhotels.com