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9/23/25, 3:41 PM UAE aims for 2 million companies, 10 unicorns by 2031, says economy minister

Also Read:
Sheikh Mohammed launches drive to make UAE capital of entrepreneurship

Abdullah bin Touq Al Marri, Minister of Economy and Tourism, emphasised the pivotal role of entrepreneurs and startups in driving economic growth, outlining
plans to expand the number of registered companies in the UAE to more than two million within the next six years.

Speaking on the sidelines of a press conference announcing the national campaign “World’s capital of entrepreneurs”, bin Touq said the country also aims to see 10
unicorns emerge during the same period. So far, five billion-dollar companies have been launched from the UAE.
He noted that the campaign will support these national ambitions by fostering an enabling ecosystem that empowers young people to launch ventures, scale their
businesses, and expand internationally.

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