The UAE Ministry of Finance (MoF) is responsible for implementing all fiscal,monetary and industrial policies related to the UAE’s economic development.
The establishment of Sheikh Zayed Housing Programme comes as a coronation to the wise policy adopted by the Late Hiss Highness Sheikh Zayed Bin Sultan Al Nahyan,made a reality by His Highness Sheikh Khalifa Bin.
The Mohammed Bin Rashid Innovation Fund is a federally sponsored initiative conceived and sponsored by the Ministry of Finance to support local Innovators in accessing affordable finance through the provision of a goverment-backed guarantee.
The Program was established under Federal Law No. 2 of 2014 under the umbrella of the Ministry of Economy. The Program is supervised by a specialized council affiliated to the Ministry which aims to empower small and medium-sized national entrepreneurs. It is tasked with developing the general frameworks and guidelines which will provide expertise, training, and technical and administrative support in various fields to promote and develop SMEs, in addition to conducting periodic evaluations of them. Moreover, it coordinates with federal and local government bodies and the private sector to market the products of its members, both inside at outside the UAE, and to provide benefits and incentives for members’ projects.