Page 215 - MOE ENGLISH PR REPORT - MAY 2025 (Part 1)_Neat

5/30/25, 3:56 PM UAE committed to empower Emirati entrepreneurs, says Sheikh Hamdan
UAE’s competitiveness and leadership worldwide.

Abdullah Al Saleh, Undersecretary of the Ministry of Economy, highlighted the crucial role of
innovative ventures and Emirati talent in driving the UAE’s transition to futuristic industries and
boosting its global standing. He reaffirmed the government’s commitment to creating an environment
that supports sustainable growth and strengthens the national economy.

The initiative aims to highlight promising Emirati startups in future-focused economic sectors by

providing targeted support to accelerate their growth, recognising entrepreneurial achievements, and
celebrating the contributions of Emirati innovators. It also seeks to foster a strong culture of
entrepreneurship and inspire the next generation of national talent.

The launch of the ‘UAE Future 50’ was marked by a dedicated event celebrating these pioneering
ventures. The gathering featured an engaging talk by Emirati entrepreneur and Dubai Chambers
Board Member Faisal Belhoul, who shared insights on the foundations of entrepreneurial success
and the vital role entrepreneurs play in shaping the future economy.

The event brought together young entrepreneurs, investors, representatives from investment funds,
incubators, accelerators, family businesses, and leading companies. It also included an exhibition of
the selected start-ups, giving attendees a closer look at their innovative ideas, achievements, and
growth journeys.

UAE startups have exhibited strong growth potential and play a key role in driving job creation,
economic diversification, and national development objectives. Specifically chosen for their ability to
boost the competitiveness of the future economy, these companies reflect the country’s innovation-
driven vision.

The ‘UAE Future 50’ builds on the success of the Future 100 initiative, launched by the Government
Development and the Future Office with the Ministry of Economy. The initiative annually highlights top

emerging companies advancing future-focused sectors and supports the UAE’s global standing in
innovation, entrepreneurship, and investment. By recognising and empowering high-potential
ventures, Future 100 contributes to shaping a resilient, diversified, and globally competitive economy.

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