Page 453 - MOET PR REPORT- SEPTEMBER 2025

Minister of Economy: UAE seeks to increase

number of startups to more than two million by

2031

• Sunday, September 21, 2025 7:16 PM

• 2 minutes Reading

ABU DHABI, 21st September, 2025 (WAM) -- Abdullah bin Touq Al Marri, Minister of Economy and
Tourism, affirmed that startups and entrepreneurs constitute a fundamental pillar in the UAE’s
economic growth journey, noting that the country aims to increase the number of companies to
more than two million by 2031.

In statements to the Emirates News Agency (WAM) on the sidelines of the press conference
announcing the details of
the national campaign 'The Emirates: The Startup Capital of the World', Al Marri added that the UAE
also aims to see 10 unicorns emerge during the same period, with about five unicorn companies
having already originated from the country.

He pointed out that the campaign supports these national goals by providing an enabling
environment that empowers youth to launch their entrepreneurial ventures and achieve growth and
expansion.
He explained that the UAE possesses comprehensive strategies that encompass economic
clusters, food security, economic openness through Comprehensive Economic Partnership

https://www.wam.ae/en/article/bltjo32-minister-economy-uae-seeks-increase-number