Page 307 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 1

3/5/25, 11:24 AM Fintech sector contributes 8.7 per cent to UAE GDP: Minister of Economy - The Tribune

In the meantime, the Minister said that the number of new business licences issued in the UAE

in 2024 reached 200,000, covering various economic activities, noting that there are currently
more than 1.1 million businesses and economic establishments operating in the UAE, with the

ministry seeking to increase this number in the coming phase. (ANI/WAM

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