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2/3/25, 3:24 PM Ministry of Economy organizes Riyada Development Program in Al Dhafra to drive growth and expansion of startups and SMEs in th…

Ministry of Economy organizes Riyada Development

Program in Al Dhafra to drive growth and expansion

of startups and SMEs in the region

By News Desk 1 30/01/2025

The Ministry of Economy organized the ‘Riyada Development Program’ in Al Dhafra, Abu Dhabi, recently,

with an aim to enhance engagement with entrepreneurs in the region, support them in launching and
expanding their startups locally and internationally, and foster the exchange of experiences, while also
addressing the challenges related to business expansion. The event was attended byH.E. Alia Bint Abdulla Al
Mazrouei, Minister of State for Entrepreneurship; and Mouza Al Nasri, Acting CEO of Khalifa Fund for

Enterprise Development (KFED).

Entrepreneurs: The driving force behind the future economy

H.E. Alia Al Mazrouei emphasized the UAE’s firm belief in the importance of entrepreneurs and innovative

startups as key pillars for building a prosperous future for current and future generations, accelerating the
transition to a knowledge and innovation-driven economy. Her Excellency highlighted the UAE’s continued
commitment to fostering a thriving entrepreneurial ecosystem in line with global best practices, providing

flexible economic policies that facilitate the establishment of startups and accelerate the growth of SMEs,
especially with continued developments in the country’s entrepreneurship legislative framework.

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