Page 119 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)

5/27/25, 4:51 PM H.E. Alia Al Mazrouei briefs Italian women entrepreneurs on UAE’s supportive ecosystem for entrepreneurship & SME growth | We…
‘Future 100’ initiative, along with other key components of the UAE’s entrepreneurship ecosystem, which are designed
to enhance national competitiveness and raise the success rate of entrepreneurs from 30% to 50% by 2031. Among the

most prominent initiatives are the Riyada Fund and the UAE Entrepreneurship Council.

Furthermore, H.E. Alia Al Mazrouei invited Italian women entrepreneurs to expand their businesses and launch new
ventures in the UAE across various economic sectors, encouraging them to seize the wide array of opportunities

available. She emphasized that the UAE has ranked first globally for the fourth consecutive year in the Global
Entrepreneurship Monitor 2024-2025 and has been recognized as the top destination for entrepreneurship and SMEs

among 56 economies worldwide. Today, SMEs represent 95 per cent of all companies operating in the UAE.

Her Excellency noted that the UAE Ministry of Economy is actively promoting digital transformation and the adoption
of advanced technologies by SMEs, with a particular emphasis on artificial intelligence. This priority area is being

advanced in collaboration with relevant ministries and authorities at both regional and global levels, reflecting the
central role of technology and innovation as key pillars of the UAE’s future economy.

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