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UAE Launches National Startup Campaign to Boost Emirati Entrepreneurship and Real Estate Sector

Summarized by NextFin AI
  • The UAE Ministry of Economy and Tourism launched 'The Emirates: The Startup Capital of the World' campaign to enhance Emirati entrepreneurship and boost the real estate sector.
  • The initiative aims to create an enabling environment for youth and entrepreneurs, targeting over two million companies and 10 unicorns by 2031.
  • Key programs include training 10,000 Emiratis and licensing 500 to manage construction projects, along with establishing national real estate companies and creating 30,000 jobs in five years.
  • SMEs represent 95% of active businesses in the UAE and contribute 63.5% to the non-oil GDP, highlighting the campaign's focus on empowering this sector.

NextFin news, Dubai, Sunday, September 21, 2025 – The UAE Ministry of Economy and Tourism officially launched a national campaign titled 'The Emirates: The Startup Capital of the World' aimed at strengthening Emirati entrepreneurship and boosting the real estate sector. The campaign was announced during a press conference in Dubai, with the participation of the UAE Council for Entrepreneurship and over 50 government and private entities.

Abdulla bin Touq Al Marri, Minister of Economy and Tourism, emphasized that the campaign aligns with the UAE leadership’s vision to establish the country as a global hub for innovation, entrepreneurship, and economic growth. The initiative seeks to create an enabling environment for youth and entrepreneurs to launch and expand their ventures, contributing to the UAE’s goal of having over two million companies and 10 unicorns by 2031.

The campaign includes several key programs: training 10,000 Emiratis through an Entrepreneurship Programme; licensing 500 Emiratis to manage residential construction projects under the Project Management Experts Programme; supporting 250 Emiratis in establishing national real estate companies; and licensing 500 Emirati tax agents through a three-year training initiative. Additionally, it will launch the StartupEmirates.ae platform to attract entrepreneurs and create 30,000 jobs within five years.

Minister Al Marri highlighted that SMEs currently constitute 95% of active businesses in the UAE and contribute 63.5% to the non-oil GDP as of mid-2022. The campaign aims to further empower SMEs and entrepreneurs by improving access to federal procurement systems and fostering public-private-academic partnerships.

The UAE’s entrepreneurial ecosystem benefits from comprehensive strategies covering economic clusters, food security, innovation, intellectual property protection, and economic openness through partnership agreements. The country also offers a supportive legislative and regulatory framework, including 100% foreign ownership in most sectors and world-class infrastructure such as ports, airports, and road networks.

The campaign was launched under the oversight of the Ministry of Economy and Tourism in collaboration with the UAE Government Media Office and the UAE Council for Entrepreneurship. It reflects the UAE’s top ranking in the 2024-2025 Global Entrepreneurship Monitor report for the fourth consecutive year and its recognition as the best destination for entrepreneurship and SMEs among 56 evaluated economies.

The launch event was attended by key government officials and representatives from various economic development departments across the seven emirates, underscoring a coordinated federal and local effort to support entrepreneurship and economic diversification.

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Insights

What is the significance of the UAE's national startup campaign launched in 2025?

How does the UAE's campaign aim to strengthen Emirati entrepreneurship?

What are the key programs included in the UAE's startup campaign?

How does the UAE's entrepreneurial ecosystem support SMEs and entrepreneurs?

What role do public-private-academic partnerships play in the UAE's startup initiative?

What are the current statistics on SMEs in the UAE as of mid-2022?

How does the UAE's legislative framework support foreign ownership in businesses?

What are the long-term goals of the UAE's startup campaign by 2031?

How does the UAE rank in the Global Entrepreneurship Monitor report?

What impact could the startup campaign have on job creation in the UAE?

What challenges might Emirati entrepreneurs face despite this campaign?

How does the UAE's infrastructure contribute to its entrepreneurial environment?

What international partnerships could enhance the UAE's startup landscape?

How does the UAE's approach to entrepreneurship compare to other countries?

What are the expected outcomes of the StartupEmirates.ae platform?

What historical context led to the formation of this startup initiative in the UAE?

How does the UAE plan to support the establishment of national real estate companies?

What is the significance of the UAE's goal to establish 10 unicorns by 2031?

What feedback have entrepreneurs provided about the current support systems in the UAE?

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