Page 660 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/10/25, 1:39 PM UAE ranks 1st globally in GEM report for 4th year – The Gulf Time Newspaper
It further pointed out that the entrepreneurial culture in the UAE is marked by high awareness and ambition among the
population. Approximately 67 percent of adults know an entrepreneur or believe they have the necessary skills to start a
business. Meanwhile, 70 percent of Emiratis see strong opportunities to launch a business locally, 78 percent of new
entrepreneurs prioritise social and environmental impact over profit, and 75 percent of early-stage entrepreneurs plan to
expand their teams and employ at least six people in the next five years. Furthermore, 80 percent intend to integrate digital
technology into their business operations, 78 percent are motivated to generate high income or wealth, and 55 percent of
entrepreneurs serve customers outside the UAE, strengthening the country’s position as a global centre for business and
investment.
The UAE was also ranked first globally in the same report under the GEM’s National Entrepreneurship Context Index (NECI),
which assesses each country’s supportive environment for entrepreneurship based on scores derived from national experts’
evaluations. This supports the UAE’s vision to reach one million SMEs by 2031.

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