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Asharq Al-Awsat
Asharq Al-Awsat
Business
Dubai - Asharq Al-Awsat

SMEs Make up 95% of Operating Firms in the UAE

People visit the Gulf Information Technology Exhibition (GITEX) Global 2022 in the Gulf emirate of Dubai, United Arab Emirates, 13 October 2022. (EPA)

The United Arab Emirates’ Economy Minister, Abdullah bin Touq al-Marri, said the SMEs account for 95 percent of the overall operating companies in the country.

They offer job opportunities to more than 85 percent of the total labor force in the private sector, he stressed, adding that they are a pillar for economic growth amid the leadership vision and guidelines in favor of sustainable economic growth.

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