iPhone | iPad
Android
Huawei
A year-on-year (YoY) increase of 20.2 per cent, or Dh135 billion, was recorded
KT APPDOWNLOAD
YBL launches Business Institute
DUBAI — The Mohammed Bin Rashid Establishment for Young Business Leaders (YBL) announced the launch of The Business Institute, its second initiative under the Mohammed Bin Rashid Academy for Young Business Leaders.
The Mohammed Bin Rashid Academy for Young Business Leaders was created in order to offer quality vocational training to UAE nationals. “The vocational schools we are creating under the Academy are designed specifically to provide all the necessary entrepreneurial skill sets in a specific industry. Our aim is to better educate our entrepreneurs of today to become the success stories of tomorrow,” said Abdul Baset Al Janahi, CEO of the Mohammed Bin Rashid Establishment for Young Business Leaders.
The Business Institute is specifically designed to provide entrepreneurs a learning programme which will culminate in a completed business plan. The two month course has been designed and will be facilitated by the faculty of the Dubai University College. Classes will be held in the evenings at the Dubai Chamber of Commerce and Industry building from 6 to 9pm twice a week making it convenient for working individuals to attend the programme.
Dubai University College (DUC) is the educational arm of the Dubai Chamber of Commerce and Industry (DCCI) and was primarily created to address the skills and qualifications gap in the workforce and to support the governments’ Emiratisation initiative through human resources development programmes in the private and public sectors.
Dr Omar Hefni, President, DUC, said that “The Entrepreneurship programme will equip the young UAE nationals with the necessary skills to launch their new ideas and transform them into profitable businesses rapidly. The initiatives and ideas of these trained young people will be the basis of huge projects that will play an effective role in the development of the national economy and will allow them to become the young leaders of tomorrow.”
Usha Saraf, Head, Centre for Management and Professional Development Programmes (CMPD) at DUC added, said: “A lot of time and effort has been spent by our faculty to develop and customise this programme to suit the local needs, and the focus has been primarily on the practical and hands-on approach rather than on delivering lectures.
Upon completion of the programme, trainees will be implementing and applying the topics and concepts they have learnt in class and their final assignment will be required to prepare a complete business plan for the business they propose to start up, which they will in turn submit to the SME for business start up loans.”
The programme will be delivered by a team of DUC faculty members with relevant expertise and industry experience and has been designed to examine the fundamentals of starting up a small business.
It covers such topics as the challenges of entrepreneurship, building the business plan, strategic planning, forms of ownership, marketing, pricing, cash flows, financial planning, putting the plan to work, looking at ethical and legal concerns and regulatory environment.
More news from
In Dubai, temperatures will range between 27°C and 39°C
Plastic and food waste are on par as the primary material discarded in household waste in the Middle East, according to a survey
Abdullah Ali, founder of Hattrick Football Academy, has devoted over 11 years as a coach, talent scout, and administrator at various local clubs
Earlier this year, Dubai brought in new rules to stop real estate agents from listing fake ads and gave them a deadline to remove all unavailable properties
Scholarships come as a ray of hope for students for whom high costs have been a significant barrier while pursuing desired courses at prestigious institutions
UAE women's cricket team turned their fortunes around with a memorable triumph in Namibia
On possible Russian retaliation, Stoltenberg said there were 'no risk-free options in the war'