Launched by "Al-Iqtissad" and "Governmental Development Office"

An initiative aimed at selecting the 100 best companies that shape the future economy in the UAE

Abdullah bin Touq and Ohoud Al-Roumi during the launch of the new initiative.

From the source

The Ministry of Economy and the Office of Government Development and the Future launched the "100 companies from the future" initiative, in conjunction with the International Day for the Future, which targets 100 companies that will shape the economy of the future of the UAE, by highlighting annually the top 100 emerging companies, which will enhance the country's readiness for the future, and its competitiveness. sectors of the future economy in the UAE.

The initiative was launched in the presence of the Minister of Economy, Abdullah bin Touq Al-Marri, and the Minister of State for Government Development and the Future, Ohood bint Khalfan Al-Roumi, as well as 30 CEOs of the most prominent local and international companies, and entrepreneurs who are founders of start-up companies in the UAE.

to support

The initiative aims to support the new economic sectors that will shape the future economy of the UAE, including the emerging companies sector, whose development and enhancement of its contribution to the national economy is one of the main objectives on the UAE government's agenda.

The initiative supports the UAE's position as the land of opportunities for the best global talents in the sectors of the future economy, and will also strengthen its position as a global destination for establishing businesses based on innovation, advanced technology and entrepreneurship, given the country's digital infrastructure, which is the best in the Middle East and Africa, in addition to The advantages and incentives it provides to young entrepreneurs to enable them to establish future economy companies and launch them to the world.

competitive

The initiative also enhances the country's distinguished position in global competitiveness indicators in the areas of innovation, entrepreneurship, investment-attractive environment, and other indicators.

It will contribute to stimulating the role of the private sector and emerging companies in supporting the gross domestic product, which achieved a growth of 8.5% at constant prices during the first half of 2022.

Forward-looking initiatives

Bin Touq stressed that the UAE is keen to launch forward-looking initiatives, the impact of which extends to the next 50 years, and contribute significantly to supporting its new economic model, to be a future model in line with global economic trends, in implementation of the directives of the wise leadership, and in line with the goals and principles of the 50, and percentage determinants. Emirates 2071.

He said, "The Ministry of Economy continues to support innovative future projects that enhance the UAE's prestigious position on global competitiveness indicators, and make it a major attractive destination for future projects from all over the world, and consolidate its position as a permanent center for creativity and innovation, which ensures sustainable growth for our national economy and creates jobs." Especially in the sectors of the new economy, including space, renewable energy, advanced financial technology and artificial intelligence, in which the state is working to stimulate investments.

important hub

For her part, Al-Roumi stressed that enhancing readiness for the future is an important axis in the UAE government's work methodology, and that the partnership with the Ministry of Economy in launching the "100 companies from the future" initiative aims to build readiness for the new economy, and represents the first initiative in a series of initiatives that the Development Office is working on. government and the future, in partnership with government agencies and the private sector to support the readiness of the UAE and the government for the future, in all sectors.

She said that the initiative embodies the future directions of the leadership of the UAE, which were announced in the vision of "We Are the Emirates 2031", which focuses on strengthening the country's economy, raising the gross domestic product and the performance of new economic sectors, and also reflects the directions of the ten principles of the state in the new 50 by building a better and more active economy. In the world, noting that the initiative comes in the context of activating the new economy agenda, which focuses on encouraging start-ups, supporting youth and entrepreneurs, and motivating them to innovate in new economic sectors, in a way that enhances the country's competitiveness and global standing.

private sector

The "100 companies from the future" initiative celebrates the successes of the private sector in the country, as it is a pivotal partner in the development process, and highlights each year the best 100 emerging companies that contribute to enhancing the competitiveness of the sectors of the future economy in the country.

• The initiative supports the UAE's position as the land of incubating opportunities for the best global talents.

Follow our latest local and sports news and the latest political and economic developments via Google news