ABU DHABI: The UAE is cementing its position as a global hub for startup growth and entrepreneurship, thanks to pro-business policies, world-class infrastructure, and a thriving investment climate. Entrepreneurs are drawn to the country’s tax incentives, full foreign ownership opportunities, and specialised free zones, making it a prime location for business expansion.
The UAE’s economic vision prioritises diversification, sustainability, and innovation, fostering a competitive environment in technology, finance, and renewable energy. Government initiatives such as Operation 300bn and startup incubators like Hub71 further enhance the ecosystem, attracting top talent and investment.
Within this framework, the Sheikh Khalifa Excellence Award recognises businesses excelling in innovation and performance, boosting their credibility and market reach. Several recent award winners have credited the UAE’s dynamic business environment for accelerating their growth.
Abdulaziz Al Shamsi, CEO of Vcharge, noted that the award validates his company’s role in electric vehicle infrastructure, aligning with the UAE’s sustainability goals. He emphasised that Abu Dhabi’s business-friendly policies are key to Emirati startups’ success.
Mohammed Salman, GM of Union Copper Rod, highlighted the manufacturing sector’s expansion, supported by favourable export policies and industrial regulations. His company produces 200,000 tonnes of copper annually, exporting 90% of its output and reinforcing Abu Dhabi’s industrial standing.
Meanwhile, Deniz Tekerek, Co-Founder of Archireef, sees the award as a milestone for his company’s marine restoration efforts. He stressed the need for greater collaboration in environmental sustainability to support the UAE’s green goals.
With a strong regulatory framework, investment-friendly policies, and a thriving ecosystem, the UAE continues to be a launchpad for global startup success.
