Al Fahim: Established UAE companies have a duty to support Emirati entrepreneurs | The National:
"Mohammed Al Fahim, the head of one of Abu Dhabi’s leading business groups, says the country’s older, established businesses should make a special effort to support struggling indigenous start-ups.
“In our time, the government helped us by announcing that all their purchases have to be done from local business houses – if a local trader or supplier is 10 per cent more expensive, it will still be acceptable to the government,” said Mr Al Fahim, the chairman of Al Fahim Family Council, which oversees a business group that is best known as one of the largest distributors of automobile brands in the UAE, including Mercedes-Benz, Fiat and Jeep.
“The government gave us a chance. It gave us the push, and we should now in return play the same part for young businesses,” said Mr Al Fahim."
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