His Highness Sheikh Saud bin Saqr Al Qasimi, Member of the Supreme Council and Ruler of Ras Al Khaimah, emphasized the crucial role of emerging companies leveraging modern technologies and advanced innovations as key drivers for national economic growth, prosperity, and global competitiveness. He highlighted the significance of investing in the creative ideas of youth and transforming them into innovative projects to address global challenges across vital sectors.
The occasion was marked during the opening ceremony of the “Startup Summit” at the Long Beach Campground Hotel in Ras Al Khaimah, set to continue until February 28. The summit boasts the participation of over 120 startup companies, more than 20 international speakers and experts, with approximately 1,000 participants and 2,000 visitors and guests from over 30 countries worldwide. The event aims to facilitate the exchange of experiences, address challenges, forge partnerships, and enhance communication among startups on local, regional, and global scales.
His Highness Sheikh Saud bin Saqr Al Qasimi underscored that entrepreneurship stands as a fundamental pillar of Ras Al Khaimah’s economic strategy, contributing significantly to fortifying the emirate’s global standing as a hub for entrepreneurship and business innovation. He emphasized the pivotal role played by young entrepreneurs in driving economic growth and leveraging the promising opportunities within the UAE’s economy to support the success of emerging companies across various sectors.
Welcoming the participating entrepreneurs, His Highness highlighted the significance of international events like the Startup Summit for fostering partnerships, facilitating the exchange of ideas among entrepreneurs from diverse countries, and encouraging the sharing of experiences and expertise. Such events aim to create a stimulating environment conducive to growth, prosperity, and expansion into global markets.
The summit, an international platform uniting entrepreneurs from diverse emerging companies, encompasses guidance workshops focused on business development, panel discussions featuring international experts, and direct communication opportunities for young entrepreneurs with investors, businessmen, and decision-makers to foster partnerships and compete for awards designated for emerging companies.
