Khalifa Fund Empowers Eight Emirati Businesses At Auto Moto Show 2024 In Abu Dhabi

The Khalifa Fund for Enterprise Development is backing eight Emirati businesses at the Auto Moto Show 2024. This event, the largest automotive gathering in the Middle East and North Africa, will be held from 3rd to 6th October at the Abu Dhabi National Exhibition Centre (ADNEC). It will highlight the latest innovations in the automotive industry, attracting leaders and enthusiasts from across the region.

These Emirati businesses span various sectors, including automotive trading, services, and food and beverage. The Khalifa Fund's support allows them to present their offerings at this prestigious event. Mouza Obaid Al Nasri, Acting CEO of Khalifa Fund, remarked, "Khalifa Fund is steadfast in its commitment to empowering Emirati entrepreneurs across a variety of sectors. By offering these businesses a platform at prestigious specialised exhibitions like the Auto Moto Show 2024, we are not only showcasing Emirati entrepreneurial excellence and forward-thinking spirit within the automotive industry, but also strategically enhancing the presence of local brands on the regional stage before a targeted audience."

Al Nasri further explained that this initiative aligns with Khalifa Fund’s mission to diversify the UAE economy. She stated that by supporting SMEs in reaching broader markets and boosting their brand visibility, they aim to ensure these businesses thrive. "This aligns with Khalifa Fund’s mission to promote the diversification of the UAE economy and empower SMEs to compete and thrive in dynamic markets on a broader scale," she added.

The Auto Moto Show 2024 promises to draw tens of thousands of visitors and exhibitors. It will provide a lively setting for industry leaders, suppliers, and car enthusiasts. The event will display a wide range of vehicles, from supercars to electric models, alongside engaging exhibitions and interactive activities.

This significant event will play an essential role in establishing the UAE as a hub for automotive excellence. As it is the largest show of its kind in MENA, it offers ample networking opportunities for participants. The show aims to create ripple effects that benefit the entrepreneurial ecosystem by amplifying business networks.

Khalifa Fund's involvement highlights its dedication to fostering innovation and collaboration among local enterprises. By helping SMEs reach wider markets and elevate their brand presence, they aim to ensure that local businesses not only succeed but also play a significant role in shaping the future of the UAE’s economy.

With inputs from WAM