The target forms part of the UAE’s broader economic strategy to attract international businesses, entrepreneurs, and high-growth sectors through regulatory reform, competitive licensing frameworks, and expanded access to global markets. Initiatives such as the NextGen FDI programme and the expansion of Comprehensive Economic Partnership Agreements (CEPAs) are central to driving this growth.

Officials highlighted that the strategy is focused not only on increasing the number of companies but also on improving the quality and sustainability of businesses operating in the country. Priority sectors include technology, manufacturing, financial services, logistics, and the digital economy, aligning with the UAE’s long-term diversification objectives.

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Credit: https://gulfnews.com/

Author: Staff Report