Page 230 - MOE ENGLISH PR REPORT - MAY 2025 (Part 1)_Neat

Jointly developed by the Government Development and the Future Office in collaboration with the Ministry
of Economy, the initiative is part of the Riyada entrepreneurship ecosystem, which aims to enhance the
national startup and innovation landscape.

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The initiative features 50 promising startups launched by Emirati entrepreneurs across 15 future-focused
economic sectors that boost the diversification and resilience of the national economy. These sectors
span fintech, healthtech, edtech, HR tech, food and agri-tech, space, cybersecurity, sustainability,
renewable energy, smart mobility, advanced and creative industries, legal tech, and the sharing economy.

H.H. Sheikh Hamdan underscored the UAE leadership’s commitment to empowering entrepreneurs and
fostering an economic environment that supports startups in future-focused sectors. He noted that Emirati
innovators are playing a key role in driving economic diversification, advancing future-focused industries,
and strengthening the nation’s global competitiveness—efforts that align with the ambitions of ‘We the
UAE 2031’ vision.

He underscored the crucial role entrepreneurs play in turning innovative ideas into impactful ventures that
drive the growth and diversification of the UAE’s rapidly evolving economy. He also stressed the
importance of inspiring the younger generation to explore the world of entrepreneurship, commending
initiatives that nurture and empower entrepreneurs to reach new heights of success.

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The launch was attended by Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs; Omar bin
Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work
Applications; Ohood bint Khalfan Al Roumi, Minister of State for Government Development and the Future.

Ohood bint Khalfan Al Roumi highlighted the UAE’s position as a global leader in future readiness, thanks
to its strong innovation ecosystem and investment in national talent. She emphasised that the ‘UAE Future
50’ showcases Emirati entrepreneurs transforming ideas into pioneering ventures, supporting the
government’s goal to prepare the economy for future challenges. She added that these startups, working
alongside major companies, will drive growth in key sectors and enhance the UAE’s competitiveness and
leadership worldwide.