The United Arab Emirates has claimed the top spot globally for the fourth consecutive year in the Global Entrepreneurship Monitor (GEM) report for 2024/2025. The report highlights the UAE as the best environment for entrepreneurship and small to medium enterprises among 56 economies included this year. The UAE achieved first place among high-income countries in...
The International Free Zone Authority (IFZA) is broadening its international reach, emphasizing its commitment to supporting the growth of the UAE economy. Martin G. Pedersen, the Chairman of IFZA, highlighted that Dubai is increasingly viewed as a launchpad for global entrepreneurs, bolstered by the UAE’s top ranking in the Global Entrepreneurship Index of 2022, where...
At the 6th Al Multaqa meeting, Abu Dhabi’s Department of Economic Development (ADDED), in collaboration with the Abu Dhabi Investment Office (ADIO) and the Abu Dhabi Chamber of Commerce and Industry (ADCCI), introduced a range of new initiatives designed to support the private sector and foster sustainable economic growth. This announcement took place during an...
Yango Group, a global technology firm, has introduced Yango Ventures, a corporate venture fund aimed at empowering young entrepreneurs across high-growth regions, including LATAM, Sub-Saharan Africa, and MENAP. This initiative is designed to boost local innovation and entrepreneurial growth by offering both capital and access to Yango Group’s extensive experience and network, enabling startups to...
Sharjah Media City, also known as Shams, has introduced a new service called Mazeed, aimed at empowering entrepreneurs and providing integrated solutions for startups and small and medium-sized enterprises (SMEs). This initiative is designed to simplify business formation and expansion, in an effort to foster a thriving business ecosystem. The Mazeed service offers a diverse...
The Indian Business and Professional Council (IBPC Dubai) has announced the launch of a new membership category aimed specifically at empowering women and young professionals. This initiative comes in response to a recent Mastercard study, which revealed that entrepreneurship is almost equally embraced by both genders in the UAE, with 49 percent of women and...
Investopia has signed a Memorandum of Understanding (MoU) with the Sino-International Entrepreneurs Federation (SIEF) aimed at exchanging expertise and enhancing collaboration in entrepreneurship, small and medium-sized enterprises (SMEs), and investment promotion. This agreement signifies a pivotal step in strengthening economic and investment relations between the UAE and China, creating new opportunities for Investopia to expand...
Abu Dhabi, UAE: Violet Ventures, recognized as the UAE’s largest student startup community based at NYU Abu Dhabi (NYUAD), successfully hosted the third edition of NYUAD Slush’D, focusing on “The Future of AI in MENA.” This event is a regional extension of Slush, the largest founder-centric gathering globally, and it attracted over 500 attendees, including...
New research from Mastercard reveals a strong interest in entrepreneurship among women in the United Arab Emirates (UAE), with 84% considering starting their own business. This report, released ahead of International Women’s Day 2025, highlights the potential for women entrepreneurs to drive significant economic impact in the region. The survey indicates that women in the...
The UAE is enhancing its support for startups and entrepreneurship by implementing flexible government policies, advanced legislation, and establishing world-class infrastructure. This makes the country one of the most attractive destinations for investors and entrepreneurs worldwide. Central to the UAE’s economic vision is a focus on diversification, sustainability, and innovation. This approach fosters a competitive...