Page 222 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)

4/28/25, 3:23 PM UAE Council for Entrepreneurship highlights plans to enhance business environment, support SME growth
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 (SMEs); 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.

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.

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