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9/23/25, 3:41 PM ‘The UAE: The Startup Capital of the World’: Ministry of Economy and Tourism announces details of national campaign - Aletihad N…
global entrepreneurship destination through policies that support businesses and economic practices, and proactive
government initiatives.
His Excellency Al Marri stressed that the campaign represents a comprehensive national vision to build a globally
competitive economy driven by innovation, youth empowerment, and entrepreneurship. It is supported by practical
programmes and initiatives, underpinned by robust data and indicators that position the UAE as a global destination
for talent, investors, and entrepreneurs.
His Excellency Al Marri said: “‘The UAE: The Startup Capital of the World’ national campaign reflects the UAE
leadership’s vision to establish the nation as the premier destination for global talent, innovators and entrepreneurs. It
is a strategic step toward solidifying the UAE’s position as a global hub for entrepreneurship.”
Al Marri 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.
UAE leadership of global entrepreneurship
His Excellency Al Marri pointed out that the UAE has secured the top position in the 2024-2025 Global
Entrepreneurship Monitor (GEM) report for the 4th year running.
The UAE also ranked first in 11 out of 13 indicators for high-income countries, and was named the best destination for
entrepreneurship and SMEs among 56 evaluated economies.
As part of the ‘Projects of the 50’ initiative, the UAE announced investments worth Dh8.7 billion aimed at promoting
innovation and supporting SMEs.
The UAE is home to over 50 government and private business incubators and accelerators, His Excellency Al Marri
noted.
He also pointed out that SMEs, which make up around 95% of the UAE’s active businesses, have contributed 63.5%
of its non-oil GDP as of mid-2022, and that out of the 7 Arab companies recently gaining ‘Unicorn’ status, 5 have
launched in the UAE.
The UAE’s entrepreneurial ecosystem blends innovation, modern technology and sustainability, making it an ideal
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