UAE aims to be home for 20 unicorns by 2031, says minister

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Updated 10 November 2021
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UAE aims to be home for 20 unicorns by 2031, says minister

The United Arab Emirates aims to become home to 20 so-called unicorns by 2031, Minister of State for Entrepreneurship and SMEs, Ahmad al-Falasi, told a conference in Dubai.


A unicorn is a privately held startup company valued at more than $1 billion.