UAE aims to grow to over 2m companies and 10 unicorns by 2031, with SMEs already contributing 63.5% of non-oil GDP, says Minister Abdullah bin Touq
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Emirati entrepreneurs
Sheikh Mohammed: UAE aims to be world’s startup capital with 30,000 new jobs
Sheikh Mohammed launches “The Emirates: The Startup Capital of the World” campaign to train 10,000 Emirati entrepreneurs and strengthen the UAE’s global startup hub role
Entrepreneur
Record-breaking 10,000 entries as Riyadh gears up for 2025 Entrepreneurship World Cup finals in Saudi Arabia
Record-breaking 10,000 entries from 169 countries head to Riyadh for the 2025 Entrepreneurship World Cup, competing for $1.5m in prizes in Saudi Arabia
Entrepreneur
PwC urges MENA to back entrepreneurs to tackle 24% youth jobless rate
New PwC Middle East report outlines priority strategies to equip the region’s under-25 population with future-ready capabilities for inclusive economic transformation
Entrepreneurs
UAE SMEs continue to show resilience, but confidence drops marginally
In a survey by RAKBANK in association with RFI Global, the UAE SME Confidence Index score showed 4-point drop from 61 to 57 in 2024
Entrepreneurs
UAE named best country for entrepreneurs in 2025
UAE tops entrepreneurship rankings as it is bolstered by foreign ownership rules, ease of funding and Government initiatives
Emirates Government Services Hub
Emirates Government Services Hub partners with IFZA Dubai to streamline services for entrepreneurs
The collaboration will provide a full spectrum of services to IFZA’s growing network of entrepreneurs and foreign investors
Abu Dhabi
Abu Dhabi’s Hub71 welcomes 27 global tech startups with $145m funding in latest cohort expansion
One in three startups in the Cohort is based in the UAE, showcasing the nation’s growing status as a global entrepreneurship hub
Arabian Automobiles Company
Arabian Automobiles launches Urventures to support UAE startups with commercial vehicles
The platform marks a significant shift in the company’s business model, moving beyond traditional automotive sales to become a direct investor in small businesses