UAE Drives Development in 2024 Through Forward-Looking Initiatives

 


In 2024, the United Arab Emirates (UAE) continues to solidify its role as a global leader in innovation and economic growth through a series of strategic initiatives aimed at shaping the future of its economy and society.

Young Government Leaders Programme 2024
Launched during the UAE Government's Annual Meetings, the Young Government Leaders Programme 2024 focuses on empowering young leaders within the government sector. By fostering leadership skills and providing mentorship, this initiative aims to ensure that the nation's future is guided by a generation of visionary and capable leaders.

National Investment Strategy 2031
The UAE's National Investment Strategy 2031 is a pivotal move to enhance the nation's economic stature. With the goal of doubling foreign direct investment (FDI) from 2025 to 2031, the strategy seeks to increase FDI’s share in the economy from 15% to 30%, targeting AED1.3 trillion in FDI stock. This ambitious plan is designed to diversify the economy and solidify the UAE's position as a leading investment hub.

Riyada Fund for Entrepreneurship
In its commitment to nurturing innovation and entrepreneurship, the UAE has launched the Riyada Fund for Entrepreneurship. With AED300 million in incentives, this fund is designed to support young graduates in pursuing entrepreneurial ventures, helping to cultivate a thriving start-up ecosystem and contribute to the nation's economic diversification.

Together, these initiatives reflect the UAE’s commitment to sustainable development and the cultivation of a robust, forward-thinking economy in 2024 and beyond.

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