According to Amac News, speaking on the sidelines of the Investopia 2025 event that kicked off in Abu Dhabi on Wednesday, February 26, Al Marri said that FinTech is one of the key sectors that supports sustainable growth and other economic sectors, and we aim to increase its share to about 12 percent of GDP by 2031.
The UAE Minister of Economy also noted that the UAE continues to create opportunities and provide a favorable investment environment for the growth of new economic sectors, especially the space economy.
He also noted that the agricultural innovation sector is one of the promising sectors in the UAE, guided by a clear strategy in the field of food security. “This strategy will help diversify food and ultimately strengthen the UAE’s position as a global hub for food exports by attracting more investment and localizing technology.”
Al Marri also announced that the number of new business licenses issued in the UAE in 2024 has reached 200,000, covering various economic activities.
He added that there are currently more than 1.1 million businesses and economic establishments operating in the UAE and the ministry is working to increase this number in the coming stages.