Ras Al Khaimah: Sheikh Saud bin Saqr Al Qasimi, the ruler of Ras Al Khaimah, emphasized the crucial role of startups in driving national economic progress and global competitiveness. He highlighted this during the opening of the “Seaside Startup Summit UAE 2024,” which attracted over 1,200 participants from 30 countries.
Sheikh Saud stressed the importance of nurturing young talent and fostering innovation. He believes that transforming inspiring ideas into successful ventures is key to tackling global challenges across various sectors.
The summit, held in Ras Al Khaimah until February 28th, brings together over 120 startups, 20 international experts, and 3,000 attendees. It aims to facilitate knowledge sharing, collaboration, and partnership building among entrepreneurs worldwide.
Sheikh Saud further declared that entrepreneurship is a cornerstone of Ras Al Khaimah’s economic strategy. He expressed the emirate’s commitment to becoming a global hub for entrepreneurship and attracting young talent with promising ideas. He emphasized the UAE’s supportive economic environment, which provides fertile ground for startups to thrive in various fields.
The ruler welcomed the participating entrepreneurs and acknowledged the significance of such international events. He believes these gatherings create a stimulating environment for startups to exchange ideas, learn from each other’s expertise, and forge partnerships, ultimately contributing to their growth and expansion in global markets.
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