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5/30/24, 8:42 AM H.E. bin Touq meets with Miami Business Council members as well as senior officials & investment funds - Middle East News 247
the Global Entrepreneurship Monitor (GEM) report 2023-2024, and as the best destination to

establish new businesses and economic activities.

Strengthening cooperation with the American private sector

In addition, H.E Bin Touq’s visit to the states of New York and Florida saw a number of

meetings with representatives of the American private sector. These include companies,

financial institutions and investment funds such as Ventures 305, DaGrosa Capital Partners,

Ava Labs, Teneo, United States Patent and Trademark Office, Viking Global, General
Catalyst, JPMorgan, I Squared Capital, O’Leary Ventures and Medina Ventures.

During these meetings, H.E. called on American companies and financial institutions to
capitalize on the advantages and potential offered by the UAE economy, as well as flexible

tax facilities and incentives available to businessmen, investors, and entrepreneurs when

establishing various economic activities and businesses in the country’s markets. H.E noted

that the flexible economic policies adopted by the UAE over the last three years have made it
a fertile ground for the growth of businesses in the domestic market and their expansions to

other foreign markets. The total number of companies operating in the UAE exceeded

788,000 by the end of 2023.

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