UAE In Focus — UAE initiative aims to double family business contribution to GDP by 2032

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Wed, 2022-09-21 14:08

DUBAI: The UAE aims to double the contribution of family-owned businesses to the nation’s gross domestic product by 2032 to 1.17 trillion dirhams ($320 billion).

As part of Thabat Venture Builder, the first of its kind in the region, companies will be able to develop viable business projects by adopting emerging technologies, said the Ministry of Economy at the launch of the program in Dubai on Monday.

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