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UAE aims for 20 $1 bln startups by 2031, says minister

DUBAI, Nov 10 (Reuters) – 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.

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