His Excellency Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, chaired the 24th meeting of the Small and Medium Enterprises (SME) Development Council at the Ministry’s headquarters, with the participation of member representatives.

The Minister emphasized the vital role of SMEs in the national economy and highlighted the importance of adopting innovative policies to boost the sector’s resilience and competitiveness.

The meeting reviewed the SME development strategy, its key objectives, implementation stages, and main challenges. It also discussed creating an effective regulatory framework and enhancing collaboration among stakeholders to promote sustainable growth and innovation, increasing the sector’s contribution to the GDP.