Page 648 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/10/25, 1:38 PM UAE tops global entrepreneurship rankings for fourth consecutive year

Other areas where the UAE topped global rankings include favourable tax and regulatory policies, government-backed entrepreneurship programs, and
the integration of entrepreneurship into school and post-school education. Additionally, the nation ranked first in business and professional
infrastructure, ease of market entry, and the transfer of research and development outcomes.

The latest ranking underscores the UAE’s commitment to fostering a thriving entrepreneurial ecosystem, solidifying its status as a global hub for
innovation, investment, and business growth.

Integrated entrepreneurship system

On the UAE’s top global ranking in the Global Entrepreneurship Monitor (GEM) report, Alia Abdulla Al Mazrouei, Minister of State for
Entrepreneurship, highlighted the nation’s visionary approach to fostering a world-class entrepreneurial ecosystem.
“The UAE’s forward-looking vision, guided by the support and directives of its wise leadership, has established a comprehensive framework for
entrepreneurship and SMEs. This strategy has led to remarkable progress at both regional and global levels, securing the UAE’s position as the world’s
leading destination for entrepreneurship and startups for the fourth consecutive year,” she said.

The minister emphasised that this milestone reflects the UAE’s commitment to creating an attractive and dynamic entrepreneurial climate, built on
international best practices. “The UAE continues to empower startups to expand into digital and advanced economic sectors, while providing tailored
financing solutions and initiatives that support business growth. These efforts align with the nation’s ambition to solidify its position as a global hub for
the new economy by the next decade, in line with the objectives of We Are the UAE 2031.”

National entrepreneurial initiatives

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Al Mazrouei reaffirmed the UAE’s commitment to advancing its global leadership in entrepreneurship, highlighting ongoing national efforts to enhance
the country’s standing in competitive indicators.

“The UAE is continuously working to strengthen its entrepreneurial ecosystem, with the goal of increasing the success rate of entrepreneurs from 30per
cent to 50per cent by the next decade. This aligns with the objectives of the new entrepreneurship framework, which aims to foster a culture of
innovation, provide integrated incentives for startups, and equip small and medium enterprises (SMEs) with the tools needed for sustainable growth and
global expansion from the UAE,” she said.

Al Mazrouei underscored that these initiatives reinforce the UAE’s position as a leading hub for entrepreneurship, ensuring that SMEs with high
potential receive the necessary support, incentives, and growth enablers to thrive in international markets.

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