Dubai Internet City sign MoU with NASSCOM to encourage SMEs to UAE

Dubai Internet City (DIC) has signed a MoU with NASSCOM with an aim to attract and encourage Indian small and medium-sized enterprises (SMEs) to the UAE.

"To boost the SME ecosystem in the UAE, DIC, as part of the MoU, will provide NASSCOM's SME members with the opportunity to develop their operations by offering support and a platform to expand in the MENA region," a NASSCOM statement said on Monday.

The MoU was signed by Ammar Al Malik, Managing Director of DIC and Dubai Outsource City (DOC) and NASSCOM SME Council Chairman Kamal Agarwala.

Dubai has welcomed an increasing number of Indian businesses over the past few months, which are aimed at strengthening bilateral trade that is on track to clock USD 100 billion by 2020.