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Lucidity Insights Research Team

Dubai's Venture Capital Ecosystem

Saudi Arabia

<p>The number of scaleups in Dubai has increased considerably, growing&nbsp;26% between 2021 and 2022. While Riyadh and Cairo had higher growth rates, in terms of absolute numbers, Dubai saw an increase of 64 scaleups between 2021 and 2022 growing from 242 to 306 scaleups.</p>

Increasing Number of Dubai Scaleups: 2021 to 2022

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