emirates7 - Technology is playing a crucial role in transforming the entrepreneurial landscape in the United Arab Emirates (UAE), with innovation-led startups emerging as significant contributors to the national economy. These startups are not only generating employment but also providing sustainable solutions, helping to enhance the UAE’s global standing as one of the most technologically advanced economies.
Through a series of forward-thinking initiatives, the UAE has continued to foster a dynamic entrepreneurial ecosystem that empowers innovators and supports the growth of technology-driven ventures. As one of the first countries in the region to recognize the potential of digital transformation, the UAE has positioned itself as a leading regional hub for tech entrepreneurship. It attracts substantial investments and promotes the adoption of cutting-edge technologies across key sectors such as education, healthcare, finance, and transportation.
Homegrown tech startups are increasingly making their mark in specialized areas including artificial intelligence, financial technology (fintech), blockchain, robotics, and smart city solutions. These ventures benefit from a comprehensive support system that includes climate tech initiatives, competitive funding opportunities, world-class business incubators, and a robust digital infrastructure, all backed by proactive government support aimed at promoting environmentally smart technologies.
Abdulaziz bin Redha, the Founder and CEO of HyveGeo, told the Emirates News Agency (WAM) that the company has secured investments and research funding from prominent institutions across the UAE, UK, US, Germany, and the Netherlands. The company has also started generating revenue by selling its proprietary soil regeneration technology locally and carbon credits internationally through collaborations with global firms like Shopify.
He explained that HyveGeo is engineering high-quality biochar tailored to desert soil conditions, enhanced with innovative biological compounds that can accelerate soil regeneration from five years to just one month. This technology also enables carbon storage for over a thousand years.
Bin Redha highlighted that their innovation supports desert land restoration and sustainable farming, further enabled by the UAE’s nurturing environment for green innovation and entrepreneurship. He noted that the country, and Abu Dhabi in particular, offers an ideal ecosystem for pioneering eco-solutions.
Global reports affirm the UAE’s rising status as a regional and international center for advanced technology, supported by growing digital investments, consistent government backing for digital infrastructure development, and business-friendly regulations that attract talent and capital.
According to a report by Research and Markets, the UAE's digital transformation market is projected to grow from USD 0.99 billion in 2024 to USD 2.23 billion by 2029, reflecting a compound annual growth rate (CAGR) of 15.09% during the forecast period.
The UAE Fintech Report 2024 highlighted that fintech remained the top recipient of venture capital in the first half of the year, accounting for 32% of total funding. This underscores the sector’s key role in the tech ecosystem and demonstrates the effectiveness of government strategies aimed at encouraging innovation and investment. Fintech now contributes 8.7% to the UAE’s GDP.
Meanwhile, Grand View Research’s UAE Clean Technology Market Size & Outlook 2024–2030 projected that the clean technology sector in the UAE will reach revenues of US$ 9.45 billion by 2030, growing at a CAGR of 12.2% between 2025 and 2030.
Through a series of forward-thinking initiatives, the UAE has continued to foster a dynamic entrepreneurial ecosystem that empowers innovators and supports the growth of technology-driven ventures. As one of the first countries in the region to recognize the potential of digital transformation, the UAE has positioned itself as a leading regional hub for tech entrepreneurship. It attracts substantial investments and promotes the adoption of cutting-edge technologies across key sectors such as education, healthcare, finance, and transportation.
Homegrown tech startups are increasingly making their mark in specialized areas including artificial intelligence, financial technology (fintech), blockchain, robotics, and smart city solutions. These ventures benefit from a comprehensive support system that includes climate tech initiatives, competitive funding opportunities, world-class business incubators, and a robust digital infrastructure, all backed by proactive government support aimed at promoting environmentally smart technologies.
Abdulaziz bin Redha, the Founder and CEO of HyveGeo, told the Emirates News Agency (WAM) that the company has secured investments and research funding from prominent institutions across the UAE, UK, US, Germany, and the Netherlands. The company has also started generating revenue by selling its proprietary soil regeneration technology locally and carbon credits internationally through collaborations with global firms like Shopify.
He explained that HyveGeo is engineering high-quality biochar tailored to desert soil conditions, enhanced with innovative biological compounds that can accelerate soil regeneration from five years to just one month. This technology also enables carbon storage for over a thousand years.
Bin Redha highlighted that their innovation supports desert land restoration and sustainable farming, further enabled by the UAE’s nurturing environment for green innovation and entrepreneurship. He noted that the country, and Abu Dhabi in particular, offers an ideal ecosystem for pioneering eco-solutions.
Global reports affirm the UAE’s rising status as a regional and international center for advanced technology, supported by growing digital investments, consistent government backing for digital infrastructure development, and business-friendly regulations that attract talent and capital.
According to a report by Research and Markets, the UAE's digital transformation market is projected to grow from USD 0.99 billion in 2024 to USD 2.23 billion by 2029, reflecting a compound annual growth rate (CAGR) of 15.09% during the forecast period.
The UAE Fintech Report 2024 highlighted that fintech remained the top recipient of venture capital in the first half of the year, accounting for 32% of total funding. This underscores the sector’s key role in the tech ecosystem and demonstrates the effectiveness of government strategies aimed at encouraging innovation and investment. Fintech now contributes 8.7% to the UAE’s GDP.
Meanwhile, Grand View Research’s UAE Clean Technology Market Size & Outlook 2024–2030 projected that the clean technology sector in the UAE will reach revenues of US$ 9.45 billion by 2030, growing at a CAGR of 12.2% between 2025 and 2030.