Page 65 - KFED PR REPORT - SEPTEMBER 2025

9/22/25, 2:50 PM UAE's Ministry of Economy and Tourism announces details of 'The Emirates: The Startup Capital of the World' national campaign
As part of the 'Projects of the 50' initiative, the UAE announced investments

worth AED8.7 billion aimed at promoting innovation and supporting SMEs.

The UAE is home to over 50 government and private business incubators

and accelerators, Al Marri noted.

He also pointed out that SMEs, which make up around 95% of the UAE's

active businesses, have contributed 63.5% of its non-oil GDP as of mid-2022,

and that out of the 7 Arab companies recently gaining 'Unicorn' status, 5

have launched in the UAE.

The UAE's entrepreneurial ecosystem blends innovation, modern

technology and sustainability, making it an ideal launchpad for global

entrepreneurs. The UAE offers a comprehensive legislative and regulatory

framework that helps fast-track business setup within days, thanks to

smart digital services.

The 100% foreign ownership of companies across most sectors, as well as

the nation's world-class infrastructure, including ports, international

airports and an advanced roads network, further enhance the UAE market's

attractiveness.

At the press conference, the Ministry of Economy and Tourism outlined key

initiatives under the 'The Emirates: The Startup Capital of the World'

campaign, which include the launch of the StartupEmirates.ae platform,

which aims to attract 10,000 entrepreneurs and create 30,000 jobs within

five years. The campaign will also train 10,000 Emiratis through the

Entrepreneurship Programme, and license 500 Emiratis to manage

residential construction projects under the Project Management Experts

Programme.

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