Page 504 - MOE ENGLISH PR REPORT - OCTOBER 2024

10/25/24, 9:39 AM Ministry Of Economy And Federal Youth Authority Organize Youth Circle To Foster Entrepreneurship Culture Among Emirati Youth
development. In this context, providing the necessary support will give young people the
opportunity to translate their ideas into reality and actively contribute to positive change in the

development and prosperity of the private sector, ensuring their involvement in shaping the
future of business. This will prepare a generation of youth capable of achieving creative

accomplishments across various economic fields as we build the nation's future.” He added.

The session highlighted the role of the Ministry of Economy in supporting and empowering
Emirati youth and encouraging their engagement in entrepreneurship community and

exploring future opportunities that support SMEs. It also discussed the tools and resources
necessary to assist young people to transform their ideas into successful and innovative

ventures, and addressed how to enhance the benefits of digital transformation in supporting
the entrepreneurial environment.

Participants explored a number of successful entrepreneurial experiences that represent an

inspiring model encouraging young people to establish and develop emerging projects. They
also identified a set of outcomes that would raise awareness of entrepreneurship among
young people and guide them, the most important of which include organising monthly

sessions for entrepreneurs to enhance direct communication and exchange ideas and
experiences, and creating a unified and comprehensive digital platform that provides

information, resources, and essential requirements for establishing sustainable
entrepreneurial projects.

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