Dubai aims to turn 30 startups into unicorns

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The Dubai Government will continue to support and nurture the emirate’s thriving startup and small-and-medium enterprise (SME) ecosystem, with the goal of assisting 30 companies to achieve unicorn status by 2023, according to Hadi Badri, CEO of the Economic Development Department at the Dubai Department of Economy and Tourism.

“For aspiring unicorns, there’s no better time and no better place than now to do business in Dubai and use Dubai as a gateway to the broader region. Entrepreneurship and innovation run through our veins. “As a government, we are committed to providing the necessary support and infrastructure to foster that growth,” Badri said during the opening remarks of the World Government Summit on the third day at Madinat Jumeirah.

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Dubai aims to turn 30 startups into unicorns

The Dubai Government will continue to support and nurture the emirate’s thriving startup and small-and-medium enterprise (SME) ecosystem, with the goal of assisting 30 companies to achieve unicorn status by 2023, according to Hadi Badri, CEO of the Economic Development Department at the Dubai Department of Economy and Tourism.

“For aspiring unicorns, there’s no better time and no better place than now to do business in Dubai and use Dubai as a gateway to the broader region. Entrepreneurship and innovation run through our veins. “As a government, we are committed to providing the necessary support and infrastructure to foster that growth,” Badri said during the opening remarks of the World Government Summit on the third day at Madinat Jumeirah.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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