Page 472 - MOET PR REPORT- SEPTEMBER 2025

9/23/25, 3:53 PM Minister of Economy: UAE seeks to increase number of startups to more than two million by 2031
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 Agreements, as well as strategies for

innovation and intellectual property protection, affirming the readiness of

the national infrastructure to support the growth of startups at both the

federal and local levels.

He noted that the UAE today hosts more than 1.2 million companies, of

which around one million are owned by entrepreneurs, representing nearly

94% of the total. This, he emphasised, reflects the pivotal role of

entrepreneurs in strengthening the national economy.

The small and medium-sized enterprises (SMEs) contributed 63.5% to the

non-oil GDP of the national economy by mid-2022, while SMEs account for

95% of the total number of companies operating in the UAE markets.

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