FOR IMMEDIATE RELEASE

Dubai, United Arab Emirates (February 17, 2014) - More than 70 per cent of the UAE's GDP lies with SMEs (small to medium sized companies). SMEs employ the largest segment of skilled and highly educated professionals. Hence, SMEs play a huge role in the economic growth and market efficiency of the market.

While SMEs are smaller in execution and team size, they push the quality and competition margins in many areas. Many success stories, especially in technology, started as a small SME operating with a minimal budget.

The support of SMEs and the recognition of their roles in the Middle East has been growing exponentially. However, governments and banks sometimes fail to provide the essential funding, due to operational issues, complexity and risk of execution. The responsibility of entrepreneurs now is to learn how maximize their business exposure with minimal spending, especially when no or little funding is provided to them. Dubai, the pioneer in the Middle East to provide SME support, created a dedicated government department “Dubai SME” to support startups and small businesses with an array of services. Dubai is the birth place of a new SME-for-SME called FollowShops. A new service aimed to act as an online directory for local shops and SMEs. The service is completely free, and offers the perfect marketing platform for publishers and business owners to announce their offers and news. Followshops.net is the place for enthusiast shoppers also. Shoppers who crave great discounts and special promotions. Users can subscribe and follow their favorite shops in a very simple fashion, and stay updated with their favorite brand news and offers. Unlike Facebook and twitter, FollowShops.net is a genuine local service provider with traffic mainly focused to the Middle East. You profile on FollowShopsis guaranteed to receive a high quality stream of Gulf (GCC) traffic, who are your target audience.

Starting a Dubai company is a little bit easier with services like FollowShops. If you are an entrepreneur, there are many signs it’s the perfect time to create your dream business. Kick starting your businesses to get a market foot print is more affordable with free services like Followshops.net.
For moreinformation please visit: http://www.sme.ae/en/Services/Pages/default.aspx