DET and Amazon UAE collaborate to bolster SME growth

via WAM

The Dubai Department of Economy and Tourism (DET) forged a strategic collaboration with Amazon UAE to launch the "DET x Amazon Accelerator," designed to bolster the growth of SMEs in Dubai and enhance competitiveness on the international stage.

By equipping SMEs with advanced digital tools, resources, and mentorship, the initiative aims to fast-track their digital journeys and expand their global reach.

The accelerator falls under the wider Dubai Traders initiative, one of the ten transformative initiatives announced by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai, as part of the Dubai Economic Agenda, D33. The initiative aims to help SMEs build a strong online presence, digitise supply chain processes, expand across online retail, and access international customers.

In the presence of the Director-General of the Dubai Department of Economy and Tourism, Helal Saeed Almarri, and the  Vice President of Amazon Middle East, North Africa, and Türkiye, Ronaldo Mouchawar, the agreement was signed by CEO of Dubai Economic Development Corporation (DEDC), Hadi Badri, and Director of Seller Success at Amazon MENA, Jasmin Frick.

Badri, stated, "Our collaboration with Amazon marks a pivotal step in fulfilling the Dubai Economic Agenda D33’s goal of empowering local SMEs to harness the full potential of digital commerce. By offering a tailored, comprehensive suite of tools and support, the Dubai Traders programme aims to accelerate the growth of Dubai-based businesses and extend their reach globally, further solidifying Dubai’s position as a leading hub for innovation and economic growth."

Mouchawar, added, "Small businesses are at the heart of our local communities and the backbone of every economy. That is why we are honoured to collaborate with the Dubai Department of Economy and Tourism (DET) to launch the "DET x Amazon Accelerator", a capacity-building programme that aims to expedite the next phase of growth and digital transformation for hundreds of Dubai SMEs. This reiterates our commitment to the Dubai Economic Agenda D33 and advances our ambition to host products from 100,000 businesses, including local SMEs on Amazon.ae by 2026."

More from Business

  • Nasdaq set to confirm bear market as Trump tariffs trigger recession fears

    The tech-heavy Nasdaq Composite index was set to confirm it was in a bear market on Friday, down more than 20 per cent from a recent record high, as investors fled riskier assets on fears that tariffs imposed by President Donald Trump could spark a trade war and tip the global economy into recession.

  • Dana Gas and Crescent Petroleum exceed 500M boe in Khor Mor field

    UAE-based Dana Gas and Crescent Petroleum, alongside their partners in the Pearl Petroleum consortium, have said the cumulative production from their Khor Mor project, the largest non-associated gas field in Iraq, has exceeded 500 million barrels of oil equivalent (boe).

  • China to impose tariffs of 34% on all US goods

    China has announced a slew of additional tariffs and restrictions against US goods as a countermeasure to sweeping tariffs imposed by US President Donald Trump. The Finance Ministry said it would impose additional tariffs of 34 per cent on all US goods from April 10.

  • Shares bruised, dollar crumbles as Trump tariffs stir recession fears

    Stocks limped to the end of the week on Friday, the dollar was set for its worst week in a month while gold flirted with a record peak as investors feared US President Donald Trump's sweeping tariffs would tip the global economy into a recession.

  • Wall Street futures sink as tariffs fuel recession fears

    US stock index futures tumbled on Thursday after President Donald Trump's sweeping tariffs on major trade partners heightened fears of an all-out trade war that could push the global economy into a recession.