UAE Introduces Future 50 Programme to Accelerate Innovation and Financial Expansion
Dubai Crown Prince Launches 'UAE Future 50' Initiative, Highlighting 50 Cutting-edge Startups
Dubai, United Arab Emirates — H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai, recently unveiled the 'UAE Future 50' initiative, which identifies and empowers 50 innovative Emirati startups driving the country's economic diversification and innovation efforts.
The initiative, developed by the Government Development and the Future Office in collaboration with the Ministry of Economy, is part of the broader Riyada entrepreneurship ecosystem. It showcases ventures across 15 strategic sectors, including fintech, healthtech, edtech, space, sustainability, smart mobility, and the creative industries.
Sheikh Hamdan reinforced the UAE leadership's commitment to supporting national entrepreneurs and fostering an entrepreneur-friendly environment. He emphasized the role of Emirati innovators in shaping future industries and enhancing the UAE's global competitiveness, aligning with the long-term 'We the UAE 2031' vision.
The launch event brought together government officials, business leaders, investors, and entrepreneurs, showcasing the selected startups and their contributions to the future economy. Emirati entrepreneur Faisal Belhoul delivered a keynote speech, underscoring the importance of ambition, resilience, and innovation in entrepreneurship.
Minister of State for Government Development and the Future Ohood bint Khalfan Al Roumi hailed the initiative as a testament to the UAE's global leadership in future readiness. She highlighted its role in positioning national talent at the forefront of transformative sectors.
Undersecretary of the Ministry of Economy Abdullah Al Saleh added that the initiative will accelerate sustainable economic growth by empowering local talent and supporting ventures with high potential.
The 'UAE Future 50' initiative builds on the success of the 'Future 100' program, aiming to nurture a thriving innovation ecosystem and inspire a new generation of entrepreneurs, reinforcing the nation's vision for a diversified and future-ready economy.
The initiative aims to cultivate a resilient knowledge-based economy, empower national talent and enterprises, and expand the UAE's global competitiveness. It supports economic diversification by encouraging businesses in emerging industries like artificial intelligence, advanced technology, and other future-oriented sectors. Aligning with the UAE’s Vision 2030, it promote innovation ecosystems and technology adoption to reduce oil reliance. This initiative serves as a catalyst for transforming the UAE’s economy by spotlighting and scaling homegrown innovative enterprises, thereby supporting the nation’s long-term ambitions of economic resilience, sustainability, and leadership in global innovation.
- Dubai Crown Prince Sheikh Hamdan emphasized the UAE leadership's commitment to supporting national entrepreneurs, fostering an entrepreneur-friendly environment, and nurturing a thriving innovation ecosystem.
- The 'UAE Future 50' initiative identifies and empowers 50 innovative Emirati startups, with ventures across 15 strategic sectors, including fintech, healthtech, edtech, space, sustainability, smart mobility, and creative industries.
- Emirati entrepreneur Faisal Belhoul underscored the importance of ambition, resilience, and innovation in entrepreneurship during his keynote speech at the initiative's launch event.
- The initiative, developed in collaboration with the Ministry of Economy, aims to support businesses in emerging industries like artificial intelligence, advanced technology, and other future-oriented sectors to encourage economic diversification.
- Government officials, business leaders, investors, and entrepreneurs came together to showcase the selected startups and their contributions towards the future economy during the launch event of the 'UAE Future 50' initiative.
- The 'UAE Future 50' initiative builds on the success of the 'Future 100' program and intends to position national talent at the forefront of transformative sectors, thus expanding the UAE's global competitiveness.
- The Minister of State for Government Development and the Future, Ohood bint Khalfan Al Roumi, hailed the initiative as a testament to the UAE's global leadership in future readiness and vision for a diversified and future-ready economy.
- The 'UAE Future 50' initiative aligns with the UAE’s Vision 2030, promoting innovation ecosystems and technology adoption to reduce oil reliance and support the nation’s long-term ambitions of economic resilience, sustainability, and leadership in global innovation.
