Partnership to advance Abu Dhabi’s entrepreneurship ecosystem
In line with Abu Dhabi’s strategic vision to foster a diversified, innovation-driven economy, the Abu Dhabi Youth Business Council (ADYBC) signed a Memorandum of Understanding (MoU) with the Khalifa Fund for Enterprise Development, on the sidelines of the Abu Dhabi Global Entrepreneurship Festival 2026.
The signing was held in the presence of HE Ali Mohamed Al Marzooqi, Director General, Abu Dhabi Chamber of Commerce and Industry, and HE Mouza Obaid Al Nasri, Chief Executive Officer, Khalifa Fund for Enterprise Development.
The MoU was signed by Mansoor Abduljabbar Al Sayegh, Chairman of ADYBC, and HE Khalifa Al Kuwaiti, Chief Operations Officer at the Khalifa Fund, marking a strategic partnership aimed at strengthening collaboration across the entrepreneurship ecosystem and fostering a more integrated and enabling environment for business growth and scalability.
High-impact programmes
The collaboration will further focus on developing high-impact programmes and joint initiatives that strengthen entrepreneurial capabilities, promote a culture of innovation, and create tangible opportunities for sustainable growth. It will also facilitate knowledge exchange and strengthen collaboration across key ecosystem stakeholders in the Emirate, a press statement concluded.
“We firmly believe that investing in entrepreneurs is a direct investment in the future resilience and sustainability of our economy,” emphasized Al Sayegh.
“Through providing access to finance, training, and mentorship, we aim to empower entrepreneurs to develop innovative and scalable ventures that enhance the competitiveness of the national economy,” added Al Kuwaiti.
