According to Amac News: These businesses account for almost half of the workforce and contribute 42.8 percent of the emirate’s non-oil GDP, according to Al Nasri.
She noted that Abu Dhabi has created a competitive and inclusive business environment that is one of the fastest-growing startup ecosystems in the Middle East and North Africa (MENA) region.
Al Nasri stressed the importance of the “Falcon Economy” strategy, which focuses on high-growth sectors, and pointed to ongoing efforts to provide a supportive legal and financial environment for SMEs.
Meanwhile, the Abu Dhabi Economic Development Authority also announced the launch of Abu Dhabi Business Week in the near future.
The event is set to bring together leaders from the public and private sectors to facilitate dialogue, policy development and collaboration opportunities.
Abu Dhabi Business Week will also include the Khalifa Foundation Entrepreneurship Competition, which will give startups the opportunity to pitch their ideas to investors and benefit from potential funding and support.