Page 220 - MOE ENGLISH PR REPORT - MAY 2025 (Part 1)_Neat

5/30/25, 3:57 PM Hamdan bin Mohammed witnesses launch of the ‘UAE Future 50’ – The Gulf Time Newspaper
alongside major companies, will drive growth in key sectors and enhance the 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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