UAE Ministry of Economy launches new partnership with FOODICS to boost F&B SME growth

UAE Ministry of Economy launches new partnership with FOODICS to boost F&B SME growth

Dubai, United Arab Emirates. The UAE Ministry of Economy has announced today a strategic partnership with FOODICS, the leading cloud-based restaurant technology and payments platform in the MENA region, aimed at achieving a strong partnership between the public and private sectors in order to foster SME growth locally and globally.

The Ministry and Foodics will together promote mutual exchange and cooperation to support SMEs in the F&B sector with services and products geared to expedite their inception and growth by embracing innovation, adapting new technologies, optimizing corporate strategies and boosting business operations.

As part of the agreement, the two entities will collaborate on several initiatives to support SME growth. Some of these activities will include workshops that will enable selected UAE based F&B enterprises to optimize strategies and business operations, improve supply chain management, boost sales and marketing strategies as well as financial performance. Foodics will also offer exclusive rates and benefits of its products and solutions through the Ministry’s Entrepreneurial Nation platform, and will facilitate industry and market insights to catalyze and ease the growth of the sector and its stakeholders.

Ahmad Al Zaini, FOODICS CEO, commented, “Fostering the growth of the wider entrepreneurial ecosystem has always been part of our company's