The U.A.E. offers startups numerous co-working spaces, incubators, accelerators, training programs, and networking opportunities to get their businesses off the ground. In addition, the U.A.E. – as the region’s undisputed financial center – presents startups with all-important opportunities to raise capital from a myriad of venture capital firms, private equity firms, and angel investors. All of this bodes well for enterprising U.S. investors looking to enter this space.
From Egypt in North Africa down to the UAE in the Arab Gulf, aspiring business owners engage in securing funds and setting up shops to help them start their own enterprises. The growing movement adds vibrancy to a region already teeming with small- and medium-sized enterprises (SMEs), which have always been considered vital to the survival of national economies.
The report from a global startup survey with 10,000 founders across more than 100 cities and 50 countries