Abu Dhabi accelerates pace of startup innovation

Abu Dhabi has successfully established itself as one of the world’s leading cities in supporting innovation and entrepreneurship, thanks to its comprehensive ecosystem that nurtures creators, provides them with growth tools, and enables startups to confidently and ambitiously expand into global markets.

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At the forefront of this ecosystem is Hub71, which plays a key role in strengthening Abu Dhabi's position as a global hub for entrepreneurship and modern technology. Today, Hub71 hosts around 300 startups that have collectively raised over Dhs9 billion in funding and generated revenues exceeding Dhs5 billion, reflecting the vitality of the emirate’s digital economy and its emergence as one of the fastest-growing startup markets in the region.

Ahmad Ali Alwan, CEO of Hub71, told the Emirates News Agency (WAM) that Abu Dhabi's tech ecosystem is steadily moving toward international expansion through innovative programmes and initiatives that enhance the global presence of startups. He explained that the latest expansion includes Hong Kong, where Hub71 launched a startup integration programme, along with new strategic partnerships that strengthen growth pathways for resident startups-part of ongoing efforts to open broader horizons for startups to expand from and into Abu Dhabi.