For a long time, at this moment, the Emirates possess an attractive environment for startups and entrepreneurship due to flexible regulatory policies, modern legislation, and world-class infrastructure. This makes them one of the most appealing locations for investors and entrepreneurs worldwide. Entrepreneurs awarded the "Sheikh Khalifa Excellence Award" noted that the support provided by the host country enhances the capability of projects for regional and global expansion.
Currently, the UAE is a global center for startups due to its legislation that supports foreign investments, such as full ownership permits for projects in many sectors, tax incentives, and the establishment of specialized free zones, as well as regulatory initiatives like the "Project 300 billion" for the development of national industries, including incubators for startups like "Hub71".
The Sheikh Khalifa Excellence Award is highlighted as one of the leading initiatives contributing to the enhancement of quality standards and competitiveness in business, as it encourages companies achieving high levels of productivity and innovation.
Notably, entrepreneurs awarded the "Sheikh Khalifa Excellence Award" noted that the business environment in the country features highly competitive capabilities that facilitate accelerated growth for companies, indicating that the support the government provides to startups and entrepreneurs contributes to sustainable growth and enhances the ability of projects for regional and global expansion.
The General Director of "Vcharge", a producer of charging devices for electric vehicles, Abdullaziz Al Shamsi, noted that "The award confirms the company's role in supporting the advancement of electric vehicles through improved charging infrastructure, aligning with the UAE's vision for a transition to sustainable mobility."
He added that the business environment in the emirate of Abu Dhabi, with its support for entrepreneurs and startups, is a key factor in the success of emirate-based projects.
With government support and stimulating legislative frameworks, the manufacturing sector in the UAE is experiencing growth, supported by export policies and stimulating legislation. The manufacturing enterprise "Union Rebar Factory" always strives for higher quality and expansion, aligning with the UAE's vision of future industrial and economic sustainability.
He noted that the plant produces copper at a total capacity of 200 thousand tons per year, of which 90% is exported to foreign markets, making it an important participant in supporting the national economy and solidifying Abu Dhabi's position as a developed industrial center.
Partner and executive director for commercial affairs of "Archireef", Denis Tigrik noted that winning the "Sheikh Khalifa Excellence Award" plays an important role in the company's development path dedicated to restoring ecosystems in marine and shipping sectors. He explained that the environmental protection sector needs more specialized companies and collaborative efforts in this critically important field, noting that the company cooperates closely with the "Environment Agency - Abu Dhabi".
