Page 64 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)
P. 64

Press Release





               of the UAE population sees strong opportunities for launching a business locally, while 78 per cent

               of new entrepreneurs prioritise social and environmental impact over profitability. Meanwhile, 75
               per cent of early-stage entrepreneurs plan to expand their teams, intending to hire at least six

               employees in the next five years. The report also revealed that 80 per cent of entrepreneurs plan to
               integrate technology into their business operations, and 78 per cent of new entrepreneurs are eager

               to build significant wealth or earn a high income. Moreover, 55 per cent of UAE entrepreneurs

               cater to clients outside the UAE market, reinforcing the country’s position as a global business and
               investment hub.



               UAE ranks first globally in the “National Entrepreneurship Context Index”
               The UAE also  secured top spot  globally in  GEM’s  National Entrepreneurship Context Index

               (NECI), reflecting the strength of the country’s entrepreneurial environment, which was evaluated
               based on a points system derived from the opinions of entrepreneurship experts. This contributes

               to reinforcing the UAE's vision of reaching one million SMEs by 2031.


               The release of this report coincided with the  25th anniversary of  GEM,  a leading global

               organisation in the field of entrepreneurship. Recognised by leading international bodies such as
               the World Bank, the  International Monetary Fund (IMF), the  Organisation for Economic Co-

               operation and Development (OECD), the World Intellectual Property Organization (WIPO), and
               several United  Nations  (UN) organisations, GEM  serves as  a critical  benchmark  for global

               entrepreneurship.


               The report features the world’s largest study on entrepreneurship and its activities, summarising

               research conducted by GEM across global economies to evaluate their entrepreneurial vitality. Its
               methodology focuses on achieving three key objectives: measuring differences in entrepreneurial

               activity across global economies, understanding  the entrepreneurial ecosystem, identifying the

               factors influencing it,  and  recommending  policies to enhance  and  develop the level of
               entrepreneurial activity.


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