Access to funds deters innovation, study finds

Wednesday, 28 October 2015 16:27

Access to funds can be a barrier for innovation in economic development for businesses. That’s according to a survey by the Global Trade Development Week (GTDW), the UAE Ministry of Economy, and global management consultancy A.T. Kearney. 80% of respondents said innovation is crucial to grow their business, whilst 40% directly mentioned access to funds as a massive barrier to develop trade. Andrew Keable, Organiser and Owner of GTDW, says the role of SMEs is important in the economy, particularly in the UAE.

Listen

More from Local News

UAE President meets delegations at Russia‑Ukraine‑US talks

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has met with the heads of delegations taking part in the US-Russia-Ukraine trilateral talks in Abu Dhabi.
Sheikh Abdullah bin Zayed hails UAE role in Russia‑Ukraine‑US talks

His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, welcomed trilateral talks in Abu Dhabi between Russia, Ukraine and the United States.
Major infrastructure projects completed in Al Quoz Creative Zone

Dubai’s Roads and Transport Authority (RTA) has announced the completion of a major package of infrastructure projects in Al Quoz Creative Zone, aimed at improving connectivity and strengthening transport integration across the area.
UAE joins GCC security drill in Qatar

A UAE security force has arrived in Qatar to take part in the Joint Tactical Exercise of Gulf Cooperation Council security agencies, known as Arabian Gulf Security 4.
MBRGI backs UNICEF measles vaccination drive for 1 million children

The Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) has announced its support for a measles vaccination programme led by UNICEF, targeting children in marginalised communities and conflict zones.
UAE, Egypt foreign ministers discuss regional developments

The UAE and Egypt have discussed the latest regional developments, with a focus on the situation in Gaza and ongoing peace efforts.
Dubai strengthens healthcare leadership through Oxford-backed programme

The first cohort of the Dubai Health Leadership Academy’s flagship Systems Leadership Programme has graduated, with 40 participants receiving their certificates at a ceremony held at the Museum of the Future.
UAE leaders review development initiatives

The UAE's leaders met at Qasr Al Shati in Abu Dhabi on Thursday to discuss key national issues and matters of concern to citizens.
Saqr Humanitarian Ship sets sail with 4,000 tonnes of aid for Gaza

The Saqr Humanitarian Ship has set sail from Ras Al Khaimah, carrying more than 4,000 tonnes of aid to Al Arish Port in Egypt, ahead of its delivery to the Gaza Strip.
UAE expresses solidarity with New Zealand over floods, landslides

The UAE has expressed its solidarity with New Zealand following heavy rainfall that caused floods and landslides, killing at least two people with several missing.
UAE and WEF launch new phase of partnership

The UAE Government and the World Economic Forum (WEF) have launched a new phase of their comprehensive strategic partnership, aimed at strengthening cooperation and expanding public‑private collaboration.
H.H. Sheikh Mohammed unveils District IO project for 'emerging economic sectors'

H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has announced the launch of the District IO project in Dubai Silicon Oasis that aims to build a hub for emerging sectors like AI and smart mobility.
Dubai fast‑tracks first‑time home ownership for over 2,000 residents

Dubai’s First-Time Home Buyer Programme is fast-tracking home ownership across the emirate.
H.H. Sheikh Hamdan honours graduating cadets at Dubai Police Academy

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the UAE's Deputy Prime Minister and Defence Minister, attended the graduation ceremony of new cohorts of officer cadets at the Dubai Police Academy, on Thursday.
UAE, seven other nations welcome invitation to join 'Board of Peace'

The Foreign Ministers of the UAE, Turkey, Egypt, Jordan, Indonesia, Pakistan, Saudi Arabia and Qatar have welcomed US President Donald Trump's invitation for their leaders to join the Board of Peace.
H.H. Sheikh Hamdan attends launch of first 'Hewi Dubai' community space

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, UAE Deputy Prime Minister and Minister of Defence, has attended the inauguration of Hewi Nad Al Sheba, the first community space launched under the 'Hewi Dubai' initiative.
Dubai sets world record for largest virtual sign language class

Dubai has set a new Guinness World Record for the largest virtual sign language class, with more than 6,000 participants.
MBRGI pledges support to UNHCR healthcare projects

At the World Economic Forum in Davos, the Mohammed bin Rashid Al Maktoum Global Initiatives (MBRGI) pledged support for worldwide healthcare projects run by the United Nations High Commissioner for Refugees (UNHCR).
UAE pledges $5 million to support emergency response in Sudan

The UAE has pledged $5 million to the Sudan Humanitarian Fund to strengthen the country's emergency humanitarian response under a new agreement.
UAE President accepts US invitation to join Board of Peace

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has accepted the invitation from the United States to join the Board of Peace, the Ministry of Foreign Affairs announced on Tuesday.

News

UAE President meets delegations at Russia‑Ukraine‑US talks
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has met with the heads of delegations taking part in the US-Russia-Ukraine trilateral talks in Abu Dhabi.
Sheikh Abdullah bin Zayed hails UAE role in Russia‑Ukraine‑US talks
His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Foreign Affairs, welcomed trilateral talks in Abu Dhabi between Russia, Ukraine and the United States.
Major infrastructure projects completed in Al Quoz Creative Zone
Dubai’s Roads and Transport Authority (RTA) has announced the completion of a major package of infrastructure projects in Al Quoz Creative Zone, aimed at improving connectivity and strengthening transport integration across the area.

Access to funds deters innovation, study finds

More from Local News

News

Our Shows

Quick Links

Listen on the Go

Access to funds deters innovation, study finds

Share

More from Local News

News

Our Shows

Quick Links

Listen on the Go