Abu Dhabi, United Arab Emirates: Khalifa Fund for Enterprise Development is participating in the 18th edition of Abu Dhabi International Hunting and Equestrian Exhibition 2021, held under the patronage of H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in Al Dhafra Region and Chairman of the Emirates Falconers' Club which will be will take place between 27th September to 3rd October at the Abu Dhabi National Exhibition Center under the theme "Sustainability and Heritage, A Reborn Aspiration" as the Fund will include 21 projects under its umbrella.
Mouza Obaid Al Nasri, Acting CEO of Khalifa Fund for Enterprise Development, stated:
Khalifa Fund's participation is part of our long term, dedicated strategy of supporting and promoting entrepreneurs, SMEs and start-ups enterprises. We also aim to support UAE national heritage through entrepreneurial endeavors, and encourage Emirati entrepreneurs to establish innovative projects that will help diversify the UAE’s non-oil economy, while instilling a culture for enterprise for future generations.”
Al-Nasiri stressed the importance of such exhibitions and events in achieving the Fund's objectives of promoting and developing local small and medium enterprises by helping entrepreneurs and owners of such projects to showcase their services and products, provide an overview of their work and companies, and identify new markets that achieve sustainable growth for them. She emphasises Khalifa Fund's significant and permanent endeavours to create a suitable business environment for the growth and development of entrepreneurship in the UAE.
This year, the exhibition coincides with the Khalifa Fund's announcement of several initiatives to enable entrepreneurs, SMEs and startups to make more significant contributions towards post-pandemic economic revival. One of these initiatives is the 'Level Up' project, helping entrepreneurs, SMEs and startups, seize new opportunities that will stabilise, strengthen and scale up their business.
The Khalifa Fund pavilion at ADIHEX covers a variety of economic sectors such as industry, trade, hospitality, food and beverage, and sustainability. Khalifa Fund participants comprise of a unique selection of 10 projects including: "Al Dhiyafa Hotel Supplies" a company specialised in supplying catering and restaurants equipment in Abu Dhabi; "Black Café", a mobile café serving the best cold and hot drinks and fresh sweets; "New Step" company for trading solar energy devices and lighting; "Cluster Claire" project for providing photography services for various events; "Sea & Sand Sport", who specialise in trading fishing equipment; "Arabic Coffee" a company specialised in selling and trading the finest Arabic coffee; "Hydroponic Farm" a farming project using the cutting edge technology of Hydroponics method to grow plants without soil, which supplies its production of vegetables to local markets; “Digital Research Technologies” for digital development, and advanced technologies that provides world-class technology solutions to customers in the UAE., "Iron Station" a company and a manufacturer of innovative and high-quality metal products, and finally, "Antonio Grande Potier", a company specialised in trading of high-quality clothing and accessories.
In addition to that, Khalifa Fund extends the support 11 additional individual projects by hosting them to the Fund Pavilion; these projects are; Al Warsan for Birds and birds equipment, Al Satea for sports equipment trading, Wadi Al Zafaran Apothecary, Sea Safari Camping, Al Ajwa for Health and Safety equipment, Cloud 9 pets Hotel for animals hosting, Nahel Laboratory Sweets and Pies Manufacturing, CarDip for auto care and accessories, Two 11 Café a coffee shop and snack bar, Danat Food Industries for flour products mixes and dough Manufacturing, and Sea Palace Resort Project the world’s first floating and eco-friendly house.
About Khalifa Fund for Enterprise Development
Khalifa Fund for Enterprise Development was established in 2007, by the virtue of the Law 14 of 2005 and its amendments, in the implementation of the vision of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi. The Khalifa Fund works as an independent, not-for-profit economic development agency of the Government of Abu Dhabi for the development and support of small-to-medium enterprises (SMEs).
The Fund helps to develop local enterprises in Abu Dhabi through instilling and enriching an investment culture amongst UAE nationals. The Fund also seeks to support and develop SMEs in the Emirate.
Khalifa Fund was founded in 2007 with a total capital of AED 300 million, which gradually increased in 2008 to AED 1 billion, in order to meet the growing demand for the Fund’s services. In 2011, the Fund’s total capital was increase to AED 2 billion, and the Fund covered all of the UAE through a network of branches.
© Press Release 2021
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