The economy of United Arab Emirates is 29th largest in world, with a nominal GDP of USD 569.1 billion. United Arab Emirates economy is dominated by its service sector, comprising 49.2% of the GDP and employing 78% of the labour force. China and India is the largest trading partner of United Arab Emirates.
United Arab Emirates has a thriving startup ecosystem supported by key factors like its location, access to sea routes with modernised ports, development of industries, developed cooperative banking sector, developed social market economy, rich in natural resources and also developed in exports top-ranked educational institutions and government regulations. The majority of United Arab Emirates startups are located in Dubai and Abu Dhabi.
We, at Tracxn, keep a track of the latest happenings in the world of startups and their associated ecosystems - including venture capital funds, private equity funds and investment banks amongst others.
In this edition, we have the ‘Soonicorn Club of United Arab EmiratesTech 2025’– an exclusive list of the most promising United Arab EmiratesTech startups that have also reached significant valuation milestones over the previous few years.