
A Thriving Business Environment in the UAE
The UAE.. A Thriving Business Environment Fueled by a Tolerant and Coexistence-Based Approach
The UAE has established itself as one of the world's most attractive destinations for investment and business, thanks to its open economic system that provides a safe and inclusive business environment. This environment attracts talent and capital from diverse nationalities, all within a framework of coexistence, openness, and equal opportunities.
Official data confirms that the UAE has become the world's leading destination for high-net-worth individuals and investors, driven by a package of pioneering legislative and economic reforms that have strengthened the business climate and fostered high levels of confidence and stability.
Since the issuance of the federal law allowing 100% foreign ownership of commercial companies, the country has witnessed unprecedented growth in the number of operating companies. The number of companies has increased by 235% over the past five years, reaching more than 1.3 million by the end of the first half of this year, compared to only about 400,000 during the same period in 2020.
Updating more than 80% of economic legislation
Updating more than 80% of economic legislation over the past three years has contributed to significant leaps in business development and sector diversification, in line with the UAE's vision of a knowledge-based economy driven by innovation and advanced technologies.
The impact of the open economic system is evident in the rise in the number of registered trademarks, both national and international, which reached approximately 402,311 by the end of September 2025, reflecting global confidence in the UAE's investment environment.
Several senior officials and investors in the UAE confirmed to the Emirates News Agency (WAM) that the UAE's tolerance-based system is a cornerstone of its economic success, extending its influence to various productive and service sectors and contributing to enhancing the country's attractiveness to global companies, entrepreneurs, and innovative talent.
An Integrated Environment for Businesses
Saeed Al Gergawi, Vice Chairman of the Dubai Chamber of Digital Economy, stated that the UAE provides an integrated environment for businesses, including startups, to expand their operations and unlock growth opportunities.
This environment allows them to experiment with and test new technologies in the fields of artificial intelligence, services, devices, and systems, in collaboration with the government sector. He explained that this government support enhances business growth and contributes to attracting secure and effective partnerships and innovations to the country.
He emphasized that the government consistently strives to involve the private sector in drafting legislation that impacts the business environment and promotes business growth. He also highlighted the role of international exhibitions, such as Expand North Star, the largest exhibition for startups and investors.
Expand North Star recently attracted over 2,000 companies from 180 countries and 1,200 investors managing assets exceeding $1.1 trillion. These events enable companies and investors to explore the local market in Dubai and the UAE, as well as invest in diverse global markets.
A Global Model
For his part, Yusuff Ali, Chairman of the Lulu Group International, explained that his experience of over fifty years in the UAE has given him a clear vision of the country's position as a global model for tolerance, coexistence, and mutual respect. He noted that the UAE has successfully instilled the values of compassion, inclusivity, and unity over decades, from the era of the founding fathers to the current generation of leadership.
He pointed out that the UAE is home to more than 200 nationalities living and working in complete harmony, reflecting a wise leadership vision that believes in the importance of diversity and building bridges between cultures instead of barriers. He considers this diversity a major source of strength for the nation's progress and global standing.
He added that the Lulu Group exemplifies this environment, where employees from more than 47 nationalities work side-by-side in a spirit of understanding and appreciation. He emphasized that tolerance in the UAE is a way of life deeply rooted in society and represents a humanitarian message to the world.
Ease of Doing Business
Dr. Brian Shegar, Honorary Chairman and Senior Advisor of the UAE-Singapore Business Council, stated that the ease of doing business in the UAE, along with the development of its economic systems and legislation, is the primary factor driving Singaporean companies to choose it as their first destination for expanding their operations in the region.
He explained that close cooperation with UAE government entities has contributed to strengthening the presence of Singaporean companies in the infrastructure, real estate, engineering, and design sectors. Approximately 700 Singaporean companies have established their regional headquarters in the UAE, a clear indication of the high level of confidence in the Emirati investment climate. He commended the ambitious economic vision that has made the UAE a key partner for Singapore in the region and a pivotal hub for business and trade between Asia and the Middle East.
Advanced Digital Infrastructure
Sam Armani, Senior Vice President of Business Development at the global artificial intelligence company MIMIC, affirmed that the UAE's economic environment represents a global model of openness and ease of doing business. She noted that this was a pivotal factor in the company's decision to expand its operations in the country by establishing a new entity in the capital, Abu Dhabi.
Armani pointed out that MIMIC chose Abu Dhabi as its regional hub due to its advanced digital infrastructure, flexible economic policies, and comprehensive government support for innovative companies in the fields of technology and artificial intelligence. This makes it an ideal environment for developing advanced solutions in autonomous mobility and smart systems management for sectors such as oil and gas, ports, and shipyards.
No comments:
Post a Comment