MENA Series: Saudi Arabia
MENA Series showcases the overview of the startup landscape and trends for each MENA country. Saudi Arabia’s shift away from an oil dependent economy, with the ambitious Vision 2030 goals of doubling the GDP by 2030, by building a startup friendly eco-system, an investment hub, a budding tourist destination, as well as legal and financial reforms to foster such growth, it is understandably becoming the hotspot of the MENA region. Saudi Arabia is one of top 3 countries within the region in terms of their startup eco-system, along with Egypt and the UAE. (1) All having a youthful population of tech savvy consumers. KEY FACTS: The vital areas of investment and development are in the following 8 sectors, to achieve Vision 2030: With the tremendous growth of local accelerators/incubators, and VC’s, it is no surprise to see the rise of very successful startups. The region has witnessed the growth ofRead More »MENA Series: Saudi Arabia