Page 146 - MOE ENGLISH PR REPORT - DECEMBER 2024 (International)

1/10/25, 1:32 PM UAE participates in ComeUp 2024 in Korea to enhance growth opportunities for national SMEs and support them in their expansion…
experiences and policy frameworks in these fields.

The UAE pavilion at the exhibition, set up by the Ministry of

Economy, showcased 28 small and medium-sized companies

who highlighted their products and services that harness latest

technological solutions and AI, enabling them to attract

investments that aid business growth.

Her Excellency said: "The UAE delegation's participation in the

exhibition this year represents an important milestone in our

efforts to support the economic relations between the two

countries in the field of entrepreneurship. It is also an ideal

opportunity to open new global markets for the UAE's SMEs and

support them in promoting their projects to a large base of

investors in Korea and many countries around the world. These

efforts are of great significance since SMEs constitute 94% of

the total companies operating in the UAE markets, and

contribute 63.5% to our non-oil GDP."

"The UAE Ministry of Economy is committed to providing all

forms of support to Emirati entrepreneurs and creating a

supportive environment for the growth of their businesses,

enabling them to attract investments and promote their

products and services in foreign markets. This is in line with the

objectives of the National Agenda for Entrepreneurship and

SMEs, which aims make the UAE a true entrepreneurial nation

by 2031," she added.

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