Page 246 - MAJRA PR REPORT - FEBRUARY 2025
P. 246

3/4/25, 10:20 AM                     Future 100 Companies Of 2024 Announced At Investopia 2025 | Pakistan Point
        consolidate  the  UAE’s  position  as  an  attractive  destination  for  future  projects,  and  a  leading
        center for creativity and innovation.”

        He added: “Through this initiative, we are keen to provide all the opportunities and capabilities
        that  national  talents  and  start-up  companies  need  to  develop  more  successful  ideas  and
        projects that will serve the community and support the country’s efforts to transform towards a
        new economic model based on knowledge and innovation.”

        Alia Al Mazrouei said: “The Future100 companies initiative supports the UAE’s vision to make
        the  national  economy  more  dynamic  and  competitive  at  the  global  level,  building  a  highly
        productive  human  capital  base  and  creating  an  advanced  and  innovative  environment  that
        shapes future economic sectors.” She explained that the initiative achieved an 11% increase in
        the total number of applications received during 2024 compared to 2023, and the majority of
        these applications were in financial technology, sustainability, and creative industries.

        She added: "The initiative contributes to opening new horizons for entrepreneurs and owners of
        small and medium enterprises to expand their ideas and projects in the sectors of the new and
        sustainable  economy  and  allows  them  to  communicate  effectively  with  a  wide  network  of
        investment  funds  and  global  investors,  and  to  view  the  latest  practices  and  trends  related  to
        financing mechanisms for small and medium enterprises." She pointed out the importance of the
        vital role of the initiative's partners in selecting start-ups wishing to join the initiative.

        Ohood bint Khalfan Al Roumi, Minister of State for Government Development and the Future,
        said: "The UAE adopts an integrated approach to shaping the future, based on enhancing the
        flexibility and readiness of various sectors, their proactivity in innovating solutions to challenges,
        adapting to unexpected changes, and reshaping sectors to keep pace with emerging and future
        trends."  She  added:  "The  Future100  initiative  embodies  a  company  from  the  future,  the
        leadership’s directions and visions, by stimulating and encouraging the development of future
        sectors,  and  enhancing  the  UAE’s  position  as  an  attractive  destination  and  a  stimulating
        environment for the prosperity and development of start-ups in various future sectors.”

        She pointed out that, since its launch in 2023, the initiative has contributed to supporting the
        country’s  directions  by  attracting  start-ups  across  sectors,  including  space,  cybersecurity,
        sustainability, financial technology, smart mobility, and others. She stressed the continuation of
        work to enhance the initiative’s momentum and build on its achievements, to be an important
        element in achieving the directions of the “We the Emirates 2031” vision, and a driving force to
        enhance  the  country’s  efforts  to  develop  a  knowledge-based  economy  that  is  ready  for  the
        future, and an incubator and catalyst for the development of economic sectors and emerging
        industries.

        The Minister of State for Government Development and the Future congratulated the start-ups
        that  were  selected  for  the  list  of  100  for  the  year  2024,  wishing  them  success  in  forming  a
        qualitative  addition  to  the  future  economy  in  the  UAE  and  expressing  her  thanks  to  the
        initiative’s 38 partners from the private sector pioneers in the UAE and the world, for their pivotal
        role in the success of the initiative.

        The 2025 edition of the Future100 companies initiative continues to strengthen its partnerships
        with  government  entities,  innovation  funds,  technology  companies,  financial  and  banking
        institutions, business accelerators and incubators, and venture capital funds, as the number of
        partners of the initiative reached 38 partners, most notably the strategic partner, the National
        Fund for Social Responsibility Majra, and the partners of the business accelerator Department of
        Economic  Development  in  Abu  Dhabi,  the  Dubai  Future  District  Fund,  Emirates  NBD,  the

      https://www.pakistanpoint.com/en/story/1933475/future-100-companies-of-2024-announced-at-investopia.html      2/3
   241   242   243   244   245   246   247   248   249   250   251