UAE secures first rank in Global Entrepreneurship Monitor Report for fourth time

The UAE has secured the first rank in the Global Entrepreneurship Monitor (GEM) Report 2024/2025. This is the fourth time in a series that the Gulf state has ranked first in the annual report, highlighting its deepening focus on entrepreneurship.

The report also ranked the UAE as the best place for entrepreneurship and small and medium-sized enterprises among 56 economies taken into consideration in this period. This is an important result for the UAE as it seeks to bolster its business sector.

The UAE is one of the most prominent destinations for businesses. The Gulf state offers a number of benefits to entrepreneurs and facilitates the establishment of more companies. The UAE is continuously enhancing its economic sector.

Strong benefits of starting a business in the UAE

There is a popular fact that it takes just 15 minutes to start a business in the UAE. Bashar offers entrepreneurs from across the globe simple and secure procedures to let them obtain a business licence. This is as seamless as it sounds.

Free zones in the UAE are a big hit among foreign businessmen. There are dozens of such free zones for setting up a business in the UAE, ensuring maximum flexibility. Furthermore, there is no need for a national agent.

Contracting professional labour is easier in the UAE compared to many other countries in the region. The UAE also has offers promising tax benefits, besides being an incubator for skilled labour and human capital.

UAE rules Global Entrepreneurship Monitor Report again

In the Global Entrepreneurship Monitor (GEM) Report 2024/2025, the areas the UAE excelled globally included:

1. Entrepreneurial finance

2. Ease of access to funding

3. Policies supporting entrepreneurship

4. Policies on taxes and bureaucracy

5. Entrepreneurship education

6. Commercial and professional infrastructure

7. Ease of market entry in terms of regulatory burdens

8. Social and cultural norms

The UAE secured the first rank in the report, as already mentioned, highlighting the country’s regional and international progress. This accomplishment demonstrates the UAE’s commitment to offering an impactful entrepreneurship climate.

The UAE pays attention to global best practices, enabling startups to flourish and offering financing solutions that support the country’s positioning as a global hub. The UAE has promising business-friendly policies.

The entrepreneurial culture in the Gulf state is marked by high ambition among the population. 70% of Emiratis see strong opportunities to launch a business locally. Majority of early-stage entrepreneurs plan to expand their teams in the near future.

The UAE has also secured the first rank globally in the same GEM report under the National Entrepreneurship Context Index (NECI) – assessing each country’s climate for entrepreneurship based on scores from national experts.