Page 213 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

4/28/25, 3:22 PM Latest News
and various councils and funds promoting entrepreneurship in the country. The meeting forms part of
continuing efforts to enhance the national entrepreneurial landscape and strengthen its enablers in line with

the goals of the “We the UAE 2031” vision.
The Council reviewed the recommendations of its inaugural meeting and the progress in their

implementation. Moreover, it reviewed the Federal Law No. 2 of 2014 on Small and Medium Enterprises; the
development of a unified database for entrepreneurs; and the coordination among local entities to better

streamline efforts in supporting the country’s entrepreneurship ecosystem.
H.E. Alia Al Mazrouei stated that the Council continues to develop effective frameworks and future strategies

to support and empower entrepreneurs by fostering integration among relevant entities and advancing
national programs and initiatives that enhance the competitiveness of the business environment. These
efforts also seek to expand the base of entrepreneurial ventures in the country in order to strengthen

entrepreneurs’ future readiness, encourage the growth of startups, and unlock new opportunities for
partnerships and investment. This plays a vital role in advancing the national vision to build a knowledge-

based, entrepreneurship and innovation-driven competitive economy and increase the contribution of SMEs
to the national GDP.
Furthermore, the meeting explored the means to better support entrepreneurs and enable them to grow and

expand both locally and globally. Additionally, it discussed various approaches to enhancing coordination
among relevant entities and foster partnerships with both public and private sectors.

The latest Council meeting also reviewed the Youth Entrepreneurship Council Strategy, which aims to
empower youth to lead innovative projects that reinforce the UAE’s global leadership in this vital sector.

Besides, the participants discussed entrepreneurs’ participation in various international expos, as well as
proposed engagements for 2025, and coordination to ensure an effective representation of the UAE in key

global entrepreneurship-related events.
The meeting also highlighted preparations for the National Forum for Government Procurement, which aims
to enhance UAE entrepreneurs’ access to government tenders by providing federal entities with an

opportunity to present their projected contracts for the current year. It enables SME-owners to prepare for
bids and serves as a platform for direct communication with contracting authorities to address shared

challenges. Furthermore, the Forum will review the latest developments in the procurement ecosystem and
facilitate the exchange of experiences with funding entities, contributing to the sector’s development.

The meeting concluded with participants reviewing the progress in achieving the goals of the National
Agenda for Entrepreneurship and SMEs, which aims to strengthen the UAE’s position as a global destination

for entrepreneurship, while also driving innovation and increasing productivity within the sector. Discussions
focused on the Agenda’s seven pillars, which include the ease of practicing business, innovation, business
support, digital transformation, access to finance, human capital, and demand increase.

-Ends-

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