Dubai: The UAE has been ranked first globally for the fourth consecutive year in the Global Entrepreneurship Monitor (GEM) report, reaffirming its position as the world’s best environment for entrepreneurship and small and medium enterprises (SMEs). The UAE outperformed 55 other economies included in this year’s report.
The country led 11 out of 13 key indicators among high-income nations, based on expert assessments of institutional frameworks supporting entrepreneurship. The UAE excelled in entrepreneurial financing, ease of access to capital, and government policies promoting entrepreneurship.
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Other areas where the UAE topped global rankings include favourable tax and regulatory policies, government-backed entrepreneurship programs, and the integration of entrepreneurship into school and post-school education. Additionally, the nation ranked first in business and professional infrastructure, ease of market entry, and the transfer of research and development outcomes.
The latest ranking underscores the UAE’s commitment to fostering a thriving entrepreneurial ecosystem, solidifying its status as a global hub for innovation, investment, and business growth.
