Dubai: Awqaf and Minors Affairs Foundation (Amaf) has signed a memorandum of understanding with Dubai SME to strengthen the emirate’s position in terms of the entrepreneurship and waqf (religious endowment) sectors in a way that reflects positively on the economy and society at large.

The memorandum seeks to improve collaborations and synergies between the two entities in supporting projects that fall in the small and medium enterprises (SME) segment and to offer all necessary assistance to Emirati entrepreneurs seeking to launch their own businesses.