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UAE Launches Campaign to Become Global Startup Hub

9/23/2025

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Summary

Story summary

The UAE launched "The Emirates: The Startup Capital of the World" campaign to boost global entrepreneurship status, led by the Ministry of Economy and Tourism.
The initiative involves more than 50 incubators and strategic partners.
It targets over two million companies by 2031 and at least 10 unicorns.
SMEs, 95% of businesses, contributed 63.5% to non-oil GDP by mid-2022.

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Story summary

The UAE launched "The Emirates: The Startup Capital of the World" campaign to boost global entrepreneurship status, led by the Ministry of Economy and Tourism.
The initiative involves more than 50 incubators and strategic partners.
It targets over two million companies by 2031 and at least 10 unicorns.
SMEs, 95% of businesses, contributed 63.5% to non-oil GDP by mid-2022.