Page 579 - 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

UAE ranks first globally in Global Entrepreneurship Monitor 2024-

2025 Report for fourth consecutive year

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H.E. Alia Al Mazrouei: The UAE has adopted a forward-looking vision to develop a comprehensive
entrepreneurial ecosystem. The strong entrepreneurship indicators achieved reflect our commitment to
fostering a competitive and attractive environment for start-ups.

Abu Dhabi, April 3, 2025 - The United Arab Emirates (UAE) has been ranked number one globally for the fourth
consecutive year by the Global Entrepreneurship Monitor (GEM) report for the year 2024-2025, surpassing many
advanced economies. The UAE was also recognised as the world's best destination for entrepreneurship and small

and medium-sized enterprises (SMEs) among 56 economies surveyed in this year's report.

The UAE ranked first among high-income countries in 11 out of 13 key indicators, evaluating the institutional
frameworks that support entrepreneurship, based on expert assessments. The country outperformed globally in

areas including financing for entrepreneurial projects, ease of fund access, government policies supporting
entrepreneurship, government-related tax and bureaucracy policies, government entrepreneurship programs,
integration of entrepreneurship in school and high education, research and development transfer, commercial and

professional infrastructure, ease of market entry in terms of burdens and regulatory frameworks, as well as social
and cultural standards towards entrepreneurship.

A Comprehensive Entrepreneurship Ecosystem

On this occasion, H.E. Alia Bint Abdulla Al Mazrouei, Minister of State for Entrepreneurship, said, “Thanks to the
support and directives of the UAE's wise leadership, our country has built a comprehensive and forward-thinking
entrepreneurial ecosystem, driving its advancement as a global leader in entrepreneurship. This is reflected in the

UAE's top global ranking for the fourth consecutive year as the world's best environment for entrepreneurship and
the preferred destination for start-ups.”

H.E. added, “This accomplishment highlights the UAE's dedication to creating a dynamic and attractive environment
for entrepreneurship, aligned with global best practices. By empowering start-ups to expand into digital and
advanced economic sectors and providing innovative financing solutions, the UAE is solidifying its position as a
global hub for the new economy by the next decade, in line with the objectives of the ‘We the UAE 2031' vision.”

Leading National Initiatives

H.E. Al Mazrouei continued, “Our national efforts continue to focus on enhancing the UAE's position in global

entrepreneurship competitiveness indicators and increasing the success rate of entrepreneurs from 30 per cent to
50 per cent within the next decade. Aligned with the new entrepreneurship framework, these efforts foster a culture
of innovative entrepreneurship, offer comprehensive incentives for establishing business, support growth enablers
of promising SMEs, and strengthen their access to global markets from the UAE.”

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