Page 202 - MOE ENGLISH PR REPORT - JANUARY 2025

2/3/25, 3:25 PM Latest News

Ministry of Economy organizes Riyada

Development Program in Al Dhafra to drive growth

and expansion of startups and SMEs in the region

31/01/2025

Abu Dhabi, January 30, 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 by H.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.
Her Excellency said: "This event serves as a key platform to highlight the unique advantages offered by the

UAE’s entrepreneurial ecosystem and how to leverage them. It also offers a valuable opportunity to
exchange ideas, insights, and experiences in all aspects of entrepreneurship and SMEs development. The

https://www.arabbnews.com/english/Latest-News.asp?id=18070 1/2