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
Startups
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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
abu dhabi start-ups
Abu Dhabi’s Hub71 onboards 26 AI startups in record $223m cohort
Abu Dhabi’s Hub71 has welcomed 26 AI-driven startups to its 17th cohort, raising a record $223m as the emirate cements its role in global tech
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
abu dhabi start-ups
Startups in Abu Dhabi’s Hub71 secured $2.17bn in funding last year
Hub71 startups in Abu Dhabi saw massive increase in funding in 2024 as innovation economy thrives
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
Dubai Chamber
Dubai sees massive increase in digital startups as Chamber of Digital Economy supports 1,210 entrepreneurs in 2024
Dubai Chamber of Digital Economy highlights the city’s appeal to entrepreneurs with support for 1,210 startups
