Page 306 - MOE ENGLISH PR - MAY 2024

5/29/24, 3:33 PM 'Next50 ' holds 1st meeting to formulate new vision to promote growth of UAE’s private sector companies | Emirates News Agency
of Dubai's economy by 2033 and consolidate its position

among the top three economic cities in the world.

The meeting also discussed a range of mechanisms

aimed at leveraging the UAE’s innovation landscape by

supporting scientific research activities, enhancing the

competitiveness of technology startups, efforts to

facilitate business processes and eliminating all

unnecessary bureaucracy. Fostering transparency within

the business and investment environment, providing

training programs for start-ups, as well as attracting and

retaining talent and developing their skills are also key

focus areas.

Through the ‘Next50’ initiative, Investopia, in

collaboration with EMIR Research, will help accelerate

the UAE economy’s growth by selecting the fastest-

growing companies to join the initiative and supporting

the growth of their operations. It seeks to provide

channels for entrepreneurs to communicate with

government and private institutions and governing

bodies, facilitate access to funding through major

investment funds, banks and family offices, and

https://wam.ae/en/article/b3d3wc8-next50-holds-1st-meeting-formulate-new-vision 5/7