Latest news with #FutureOffice
ARN News Center
2 days ago
- Business
- ARN News Center
'UAE Future 50' spotlights high-potential Emirati startups
The UAE has unveiled a major initiative spotlighting 50 promising Emirati startups shaping the future economy. 'UAE Future 50' was launched in Dubai in the presence of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the UAE's Deputy Prime Minister and Minister of Defence. It has been jointly developed by the Government Development and the Future Office along with the Ministry of Economy, The initiative highlights 50 Emirati-led startups operating in 15 future-focused sectors such as fintech, healthtech, space, cybersecurity, renewable energy and smart mobility. The goal is to accelerate innovation, diversify the national economy, and support a new generation of entrepreneurs driving progress across key industries. Sheikh Hamdan emphasised the UAE's commitment to creating a supportive environment for startups and innovators, aligning with the country's We the UAE 2031 vision. He praised Emirati entrepreneurs for their role in building a globally competitive economy and called for more young people to embrace entrepreneurship. 'UAE Future 50' builds on the success of the earlier Future 100 initiative, continuing efforts to recognise high-impact ventures and celebrate national talent. Hamdan bin Mohammed witnesses launch of the 'UAE Future 50' initiative. The initiative features 50 promising startups launched by Emirati entrepreneurs across 15 future-focused economic sectors that boost the diversification and resilience of the national economy. — Dubai Media Office (@DXBMediaOffice) May 28, 2025
Dubai Eye
2 days ago
- Business
- Dubai Eye
'UAE Future 50' spotlights high-potential Emirati startups
The UAE has unveiled a major initiative spotlighting 50 promising Emirati startups shaping the future economy. 'UAE Future 50' was launched in Dubai in the presence of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the UAE's Deputy Prime Minister and Minister of Defence. It has been jointly developed by the Government Development and the Future Office along with the Ministry of Economy, The initiative highlights 50 Emirati-led startups operating in 15 future-focused sectors such as fintech, healthtech, space, cybersecurity, renewable energy and smart mobility. The goal is to accelerate innovation, diversify the national economy, and support a new generation of entrepreneurs driving progress across key industries. Sheikh Hamdan emphasised the UAE's commitment to creating a supportive environment for startups and innovators, aligning with the country's We the UAE 2031 vision. He praised Emirati entrepreneurs for their role in building a globally competitive economy and called for more young people to embrace entrepreneurship. 'UAE Future 50' builds on the success of the earlier Future 100 initiative, continuing efforts to recognise high-impact ventures and celebrate national talent. Hamdan bin Mohammed witnesses launch of the 'UAE Future 50' initiative. The initiative features 50 promising startups launched by Emirati entrepreneurs across 15 future-focused economic sectors that boost the diversification and resilience of the national economy. — Dubai Media Office (@DXBMediaOffice) May 28, 2025
TAG 91.1
2 days ago
- Business
- TAG 91.1
'UAE Future 50' spotlights high-potential Emirati startups
The UAE has unveiled a major initiative spotlighting 50 promising Emirati startups shaping the future economy. 'UAE Future 50' was launched in Dubai in the presence of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the UAE's Deputy Prime Minister and Minister of Defence. It has been jointly developed by the Government Development and the Future Office along with the Ministry of Economy, The initiative highlights 50 Emirati-led startups operating in 15 future-focused sectors such as fintech, healthtech, space, cybersecurity, renewable energy and smart mobility. The goal is to accelerate innovation, diversify the national economy, and support a new generation of entrepreneurs driving progress across key industries. Sheikh Hamdan emphasised the UAE's commitment to creating a supportive environment for startups and innovators, aligning with the country's We the UAE 2031 vision. He praised Emirati entrepreneurs for their role in building a globally competitive economy and called for more young people to embrace entrepreneurship. 'UAE Future 50' builds on the success of the earlier Future 100 initiative, continuing efforts to recognise high-impact ventures and celebrate national talent. Hamdan bin Mohammed witnesses launch of the 'UAE Future 50' initiative. The initiative features 50 promising startups launched by Emirati entrepreneurs across 15 future-focused economic sectors that boost the diversification and resilience of the national economy. — Dubai Media Office (@DXBMediaOffice) May 28, 2025
Al Etihad
08-05-2025
- Business
- Al Etihad
Gen Alpha to become economic powerhouse with $5.46 trillion impact by 2030
8 May 2025 23:54 SARA ALZAABI (ABU DHABI)Generation Alpha is set to become the most economically relevant generation with their economic impact expected to hit $5.46 trillion by 2030, according to a UAE report. Majority of them are interested in running their own businesses and some are now making their own money. Determined to ensure it is ready for the future, the UAE has explored the first fully digital generation, the Gen Alpha, in a "forward-looking" study that can support policymaking and prepare governments for the rise of this by the UAE Government Development and the Future Office, the 'Future Report 2025: Generation Alpha' sheds light on the youth in various aspects - from their behaviours and mind-sets to their economic footprint - as it defines major global trends governments should Alpha are children born between 2010 and 2025. By the end of the year, there would be nearly 2 billion of them bint Khalfan Al Roumi, Minister of State for Government Development and the Future, said this report "delves into the unique needs, values, and influence of Generation Alpha - a cohort already reshaping economies, transforming societies, and driving global change."Data shows that economically, Gen Alpha is rapidly turning into a powerhouse, the report their expected $5.46-trillion economic impact in five years, they will account for $670 billion in indirect spending their consumer voice is impressive in scale - 87% affect household buying and 41% base purchase on peer behaviour. Interestingly, 76% admit they want to be entrepreneurs and 31% have already started earning their own money, the report Alphas are defined by their technological fluency and early exposure to artificial intelligence and social than half of them (58%) owned smartphones before they turned 10, while 43% have some kind of digital device at home before 6. Seventy-two percent use tech for education while nearly all of them (93%) play online of them (88%) think AI is critical to the future, with 70% saying they trust it. Some 41% also think tech will make the world better, according to the aspects of their lives may be digital, however, a good number of them (43%) still prefer face-to-face conversations with friends over online of the defining characteristics of this generation is their hunger for innovation - but at the same time, they have a strong sense of responsibility towards their communities and the percent care about helping others, 45% value sustainability, and 44% believe it is important for them to express their own opinions, the report terms of health, 72% are aware of the importance of exercise and almost 20% are doing it for five hours or more 43% are projected to be overweight/obese due to the sedentary screen time and insufficient physical report also showed that mental health continues to be a concern, with one in every seven children struggling with it. Forty-one percent of them also have low body self-esteem, which makes encouragements and open conversations crucial at a young age. "Generation Alpha isn't a generation that waits for the future - they actively shape it. It is essential that policies be crafted to unlock their full potential," Al Roumi said.
