24 Hrs
Source:
Sharjah24
UAE Council Reviews Competitiveness Strategies
The article focused on the United Arab Emirates' efforts to develop the entrepreneurship ecosystem and support small and medium-sized enterprises to enhance its economic competitiveness. The UAE Entrepreneurship Council reviewed national initiatives and targets aimed at unifying efforts and improving the business environment, including the results of the national campaign "UAE, the Capital of Entrepreneurs in the World," which contributed to training and qualifying hundreds of citizens, expanding the base of establishments, and facilitating access to financing and logistical support. The council also discussed a national strategy to promote entrepreneurship, encompassing access to funding, innovation, and internationalization, and reviewed initiatives to broaden entrepreneurs' reach in rural areas. The UAE maintained its global leadership in entrepreneurship indicators for 2025/2026, with significant growth in the licenses issued to small and medium enterprises over the past twenty years, reflecting the country's commitment to fostering a conducive environment for business growth and supporting its entrepreneurs.
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