UAE to focus on entrepreneurship

08/03/2011 - Dubai Investment News Posted by Neil King
UAE to focus on entrepreneurship

The UAE is to increasingly focus on entrepreneurship as a way to boost the economy.

Sheikh Nahayan Mabarak Al Nahayan, minister of higher education and scientific research, has said the country is to increasingly promote entrepreneurship and claimed it should be included in the education system.

Speaking at the first meeting on entrepreneurship education in the Middle East and North Africa (MENA) Sheikh Al Nahayan said: "In the United Arab Emirates, we are committed to supporting entrepreneurship in our own society and in the region. We are determined to be regional leaders. Successful entrepreneurship, we believe, will contribute significantly to sustainable economic development and the building of a knowledge-based society.

"This roundtable makes it clear that education and training is a cornerstone of the efforts to promote entrepreneurship and to build the skills needed for its success in our region."

The Shiekh's comments were delivered in the first of a series of events, which will see entrepreneurship in the MENA region discusses by a host of experts including representatives of Stanford University, the University of Carolina Berkeley, the London Business School, the Kaufmann Foundation and the Korean Advanced Institute of Technology.