Page 249 - MAJRA PR REPORT - FEBRUARY 2025
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In this regard, Abdullah bin Touq Al Marri, Minister of Economy and Chairman of Investopia, said:
“Thanks to the directives of its wise leadership, the UAE has made great strides towards
transforming into new economic sectors. Since its launch, Investopia has adopted a forward-
looking vision to support the growth of innovative start-up businesses and encourage them to use
modern technology applications in various vital economic sectors. Therefore, Investopia’s hosting
of the Future100 companies initiative for the second year in a row confirms our national efforts to
enhance the competitiveness of the entrepreneurial environment in the country and 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.
https://www.msn.com/en-ae/news/other/future-100-companies-of-2024-announced-at-
investopia-2025/ar-AA1zR59z