Page 578 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/10/25, 2:52 PM UAE ranks first globally in Global Entrepreneurship Monitor 2024-2025 Report for fourth consecutive year
The report highlighted that the entrepreneurship culture in the UAE is marked by a high level of awareness and
ambition among its people. Around 67 per cent of adults either know an entrepreneur or believe they have the
necessary skills to start a business. Additionally, 70 per cent of the UAE population sees strong opportunities for
launching a business locally, while 78 per cent of new entrepreneurs prioritise social and environmental impact over
profitability. Meanwhile, 75 per cent of early-stage entrepreneurs plan to expand their teams, intending to hire at least
six employees in the next five years. The report also revealed that 80 per cent of entrepreneurs plan to integrate
technology into their business operations, and 78 per cent of new entrepreneurs are eager to build significant wealth or
earn a high income. Moreover, 55 per cent of UAE entrepreneurs cater to clients outside the UAE market, reinforcing
the country’s position as a global business and investment hub.

UAE ranks first globally in the “National Entrepreneurship Context Index”

The UAE also secured top spot globally in GEM’s National Entrepreneurship Context Index (NECI), reflecting the
strength of the country’s entrepreneurial environment, which was evaluated based on a points system derived from the
opinions of entrepreneurship experts. This contributes to reinforcing the UAE's vision of reaching one million SMEs by
2031.

The release of this report coincided with the 25th anniversary of GEM, a leading global organisation in the field of
entrepreneurship. Recognised by leading international bodies such as the World Bank, the International Monetary Fund
(IMF), the Organisation for Economic Co-operation and Development (OECD), the World Intellectual Property
Organization (WIPO), and several United Nations (UN) organisations, GEM serves as a critical benchmark for global
entrepreneurship.

The report features the world’s largest study on entrepreneurship and its activities, summarising research conducted by
GEM across global economies to evaluate their entrepreneurial vitality. Its methodology focuses on achieving three key
objectives: measuring differences in entrepreneurial activity across global economies, understanding the
entrepreneurial ecosystem, identifying the factors influencing it, and recommending policies to enhance and develop
the level of entrepreneurial activity.

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