The Kazan Discussion board in Russia discusses alternatives obtainable for small companies in international locations of the Islamic world

by times news cr

Observe – acutely aware

The fifteenth Worldwide Financial Discussion board in Russia mentioned alternatives for small companies in international locations of the Islamic world.

The press launch of the work of the Islamic Discussion board in Russia said: “Members within the fifteenth Worldwide Financial Discussion board “Russia – Islamic World: Kazan Discussion board” mentioned the alternatives obtainable for small companies within the international locations of the Islamic world.”

UAE Deputy Minister of Economic system Abdullah Ahmed Al Saleh stated, “Small and medium enterprises contribute considerably to the event of nations. They’re the pillar of most enterprise operations within the United Arab Emirates, and it’s attention-grabbing that about 94% of the full variety of corporations within the nation are small corporations.” And medium-sized, it contributes greater than 60% of the gross home product, and constitutes about 86% of employment within the non-public sector.”

Al Saleh added, “The UAE launches help packages and attracts startups from different international locations,” including, “Previously three years, we now have turn into among the many largest international members that appeal to entrepreneurs from everywhere in the world, as we offer one of the best circumstances for beginning industrial exercise.” .

For his half, Director of the Division of Environmental Enchancment and Capability Enhancement for Public-Personal Partnership on the Public-Personal Partnership Growth Middle of the Republic of Azerbaijan, Anar Yusufzadeh, stated: “It’s pleasing that Azerbaijan seeks to help small and medium-sized companies and improve its share of oil exports by growing provides.” agricultural merchandise to Russia and the Gulf international locations.

“At present, oil and gasoline provides account for greater than 90% of Azerbaijan’s whole exports,” Zadeh provides.

He continued: “We have now massive producers, the scope of their enterprise may be very broad, and lots of of them are export-oriented, and so they have obtained some benefits, however we wish to develop, not solely medium enterprises, however small corporations.”

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