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

4/28/25, 3:22 PM UAE Council For Entrepreneurship Holds Second Meeting Highlighting Its Plans To Enhance The UAE's Business Environment And…
Entrepreneurship. It was attended by council members representing federal and local
government entities, economic development departments, 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.

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