Less than two years after first meeting in Estoril, Portugal to discuss the creation of a new global business angel group, the World Business Angels Association (WBAA) has been launched this month in Dubai.
The organisation, which incorporates representatives from business angel networks across five continents, has been created to provide a support network for small businesses looking to get ahead in competitive markets.
So too, the WBAA provides an educational platforms for entrepreneurs and those setting up new businesses, offering them the opportunity to learn from those who have built successful companies from the ground up.
"WBAA will carry out the several activities for its members, including the organisation of an annual event. The first WBAA Global Conference will be held late 2009 in Asia," the organisation states.
Such news may be of interest to those looking to invest in commercial property in Dubai.
The Arab Business Angels Network hosted its last matchmaking conference in October 2008.