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UAE's "Future100," a collaborative endeavor spearheaded by the Ministry of Economy and the Government Development and the Future Office, has solidified 25 strategic partnerships. These alliances aim to bolster the top 100 emerging companies set to play a pivotal role in enhancing the competitiveness of the UAE's future economy sectors. Attending the signing of these agreements were key figures, including Abdulla bin Touq Al Marri, Minister of Economy, Ohood bint Khalfan Al Roumi, Minister of State for Government Development and the Future, and Hessa bint Essa Buhumaid, Director-General of the Community Development Authority.
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The newly formed partnerships cover a diverse spectrum of organizations, from the National CSR Fund (Majra) to accelerators such as the Abu Dhabi Department of Economic Development, Emirates NBD, Dubai Future District Fund, and Microsoft, among others. Community partners include entities like Sharjah Research, Technology and Innovation Park, Abu Dhabi Business Platform, Mashreq Bank, and Media partners like Entrepreneur Middle East.
Why it matters
These partnerships are poised to realize the initiative's goals, fostering a dynamic and attractive economy at regional and global levels. The collaboration will drive the number of companies in the UAE, aligning with national economic objectives to double the GDP to Dh3 trillion by 2031. Ohood Al Roumi emphasized how Future100 not only prepares the UAE for future challenges across emerging sectors but also serves as an incubator for the economy of the future, providing promising opportunities for companies in these burgeoning fields.
