06 Apr 2010
MBRE SMEs go global with S.S. Lootah

The UAE entrepreneurs’ delegation from the Mohammed Bin Rashid Establishment for SME Development (MBRE) returned to Dubai after their successful participation in the first ‘SME CLEANTECH Mission’, during GLOBE 2010 in Vancouver, Canada.

Seven agreements were signed between the MBRE members and international partners from Canada, France, Brazil among others, in the field of cleantech such as recycling, transportation, ICT, building materials, and other energy-saving technologies. Further, a protocol of cooperation was signed between MBRE and GLOBE Foundation Canada to support SME projects in the clean technology and sustainable living sectors. His Excellency Abdul Baset Al Janahi, CEO-MBRE and John D. Wiebe, President & CEO, GLOBE Foundation, inked the agreement at a reception organised by S.S. Lootah Canada, in the presence of Eng. Yahya Lootah, CEO of S.S. Lootah Group - strategic partners of GLOBE in the Middle East, and Michael Phillips, Chairman of the Board of Directors of GLOBE.

His Excellency Abdul Baset Al Janahi, CEO-MBRE congratulated the delegates who represented the United Arab Emirates SME sector well at the high-profile global event. The program drew high praise from other international delegations during a ceremony on the closing day of the event, which was attended by officials from the Government of Canada, Centre of Innovation and Entrepreneurship from the province of British Columbia, Centre of Entrepreneurship from Switzerland, Cleantech International, University of Waterloo, among others.

Mr. Janahi commended the strong support provided by the S.S. Lootah Group to the success of this mission and expressed that such a high-profile forum provided a valuable platform for Emirati entrepreneurs to explore business opportunities with other international delegations from over 70 countries.

Eng. Yahya Lootah, CEO of S.S. Lootah Group, praised the UAE leadership and pointed out that the ‘SME CLEANTECH Mission’ is inspired by their vision to guide the energy of the youth towards business opportunities that promote sustainable economic development. He said, “It is our great pleasure to support the SME mission dedicated to the clean technology sector. Entrepreneurs in the UAE play a major role in enhancing the diversity and sustainability of the economy and we believe that partnerships with international companies is key to the transfer of knowledge and technology to our region that will help SMEs build their competitive advantages.”

The ‘SME CLEANTECH Mission’ was conceived to create new business opportunities through international cooperation and learn about the latest innovations in cleantech areas. The clean

 

technology sector or ‘Cleantech’ has been one of the fastest growing sectors in the past few years and addresses the roots of ecologic

 

al problems with new science, and is driven by prod

 

uctivity-based purchasing, and therefore enjoys broader market economics, with greater financial upside and sustainability.

 

 

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