For the fourth year in a row, the UAE has clinched the #1 spot globally in the Global Entrepreneurship Monitor (GEM) 2024-2025 rankings. Not only is the UAE the best place on the planet for entrepreneurs, but it’s also the ultimate launchpad for small and medium-sized enterprises (SMEs), topping the list among 56 economies surveyed.
UAE is fueling business boom as it dominated 11 out of 13 key indicators among high-income countries, thanks to a pro-business ecosystem that makes entrepreneurship as smooth as a dune ride. From easy access to funding and entrepreneur-friendly government policies to world-class infrastructure and low bureaucracy, the UAE is proving that success isn’t just a dream – it’s a well-funded, government-backed reality!
“This accomplishment highlights the UAE’s dedication to creating a dynamic and attractive environment for entrepreneurship, aligned with global best practices. By empowering start-ups to expand into digital and advanced economic sectors and providing innovative financing solutions, the UAE is solidifying its position as a global hub for the new economy by the next decade, in line with the objectives of the ‘We the UAE 2031’ vision.”
– H.E. Alia Bint Abdulla Al Mazrouei, Minister of State for Entrepreneurship
With 67% of adults confident in their business skills and 70% spotting golden opportunities, the startup spirit is stronger than ever. It’s not just about profit – 78% of new entrepreneurs prioritize social and environmental impact, while 75% plan to grow their teams in the next five years. Tech is the future, and 80% are integrating it into their businesses. With 55% of UAE entrepreneurs catering to global clients, the nation isn’t just a business hub – it’s a launchpad to the world!
With an unbeatable mix of innovation, opportunity, and investor confidence, the UAE isn’t just keeping the entrepreneurial crown – it’s a launchpad to the world!
(Contributed by Wajeeha Syed)