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Number of Exits of VC-Backed Startups for Top MENA Countries (2010-2023)
In the vibrant MENA landscape of VC-backed startups, Israel stands out as the unmatched frontrunner, boasting an impressive 537 exits from 2010 to 2023.
This powerhouse of innovation accounts for an astounding 70% of the region's total of 766 exits, underscoring its dynamic startup ecosystem.
In parallel, the UAE and Turkey are forging their own paths, exhibiting strong growth trajectories over the past decade.
Egypt and Saudi Arabia are displaying clear signs of momentum, with notable increases in exits over the last two to three years hinting at emerging surges.
Collectively, these ascending nations are gradually carving out a larger presence, slowly diminishing Israel's proportional dominance and contributing to a richly diverse and burgeoning startup ecosystem poised for the future.
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The Evolution of Saudi Arabia Startup Ecosystem 2010-2022
As the KSA Startup Ecosystem continues to evolve, this report serves as an indispensable guide for investors, entrepreneurs, and stakeholders eager to navigate its complexities. The first comprehensive overview of Saudi's startup ecosystem, its history, and its future. The Special Report hosts perspectives and insights from many of the country’s most active investors, highlights new investment trends, critical milestones hit by the Kingdom’s fast-growing startup ecosystem, and spotlights a handful of interesting startups coming out of the Kingdom. It is packed full of insights, data, and opinions from the thought leaders and market-makers in the Kingdom. Readers will gain a deep understanding of the unique factors driving Saudi Arabia's entrepreneurial spirit, the challenges faced by startups, and the opportunities that lie ahead. This report serves as an invaluable resource for anyone looking to navigate and invest in this vibrant and rapidly evolving market.
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