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9/23/25, 3:52 PM UAE aims to have 2 million firms by 2031; focus on startups
UAE aims to have 2 million firms by 2031; focus on startups

ABU DHABI Sun, 21 Sep 2025

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The UAE aims to increase the number of companies in the country to more than two million by 2031,
Abdullah bin Touq Al Marri, Minister of Economy and Tourism, has said.

He affirmed that startups and entrepreneurs constitute a fundamental pillar in the UAE’s economic growth

journey.

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.

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