RSA Logistics ranks 9th at Dubai SME100
Shaikh Ahmad congratulates Abhishek Ajay Shah.
Dubai - RSA Logistics, a leading Dubai-based third party logistics (3PL) won the 9th rank at this year's Dubai SME 100 ceremony.
Shaikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of the Mohammed Bin Rashid Foundation and president of the UAE National Olympic committee, congratulated Abhishek Ajay Shah on November 15 at Madinat Jumeirah-Arena Ballroom.
Dubai SME, an agency of the Development of Economic identified the top performing 100 SMEs in a bid of help them grow bigger and support them through their growth.
Abhishek Ajay Shah, director of Operations and Business Development, RSA Logistics, said: "Being recognised by Shaikh Ahmed bin Mohammed bin Rashid Al Maktoum at the award ceremony is indeed a proud moment for us. Dubai SME gives us the opportunity to showcase our abilities and resources we offer to our customers."
Dubai is increasingly becoming a launch-pad for SMEs in vital sectors such as health, education, information technology, logistics, tourism, hospitality and others due to its global reputation as an entrepreneurial hub. As per the record the number of enrolments in the third cycle was 4,532, an increase of 49 per cent compared to 3,041 companies in the second cycle.
Together, the companies enrolled in the third cycle represent net revenues of Dh69.5 billion a workforce of over 144,000. Dubai SME has been evaluating the performance of 42 companies that participated in more than one cycle of the ranking and we saw that 98 per cent of them were able to achieve revenue growth of up to 33 per cent and up to 47 per cent growth in profits in the last three years.