Inside the UAE’s SME Strategy

 

The United Arab Emirates has placed small and medium enterprises at the center of its long-term economic vision. In a conversation led by host Salim Essaid, Abdulla bin Touq, the UAE’s Minister of Economy and Tourism, explains how the country’s SME strategy is designed to fuel diversification and innovation.

A core part of the strategy is regulatory reform. The UAE is working to simplify business processes, reduce administrative burdens, and create a more accessible environment for new and growing companies. These reforms are paired with policy frameworks aimed at improving access to financing, expanding market opportunities, and supporting digital transformation—key challenges often faced by SMEs across the region.

Government initiatives, including incubation programs, funding platforms, and innovation-focused incentives, play a major role in empowering entrepreneurs. These efforts not only help develop competitive small businesses but also contribute to more inclusive economic growth. The strategy is closely aligned with the UAE’s broader vision, connecting SME expansion to vital sectors such as tourism, technology, and services.

Throughout the discussion, real-world examples illustrate how the strategy is already delivering results. SMEs are gaining visibility, entering new markets, and adopting advanced technologies that improve productivity. The UAE’s SME strategy ultimately aims to build a diversified, resilient, and innovation-driven economy—one where small businesses can scale with confidence.