Please Login to Watch Video

January 08, 2023

All GCC countries have over 90% internet penetration rate

UAE and Oman have the highest internet and smartphone penetration rates of over 90%. Generally, countries with the highest internet and smartphone penetration rates will have the best rates for fintech adoption. For this reason, the UAE, Oman, Saudi Arabia, Kuwait, Israel and Jordan all have strong fintech and startup ecosystems.

Shaping The Future of Fintech

Dive into the world of Web3, where groundbreaking technologies create boundless opportunities.

Other Videos

Israel and UAE dominate MENA Foodtech, securing 80% of startup funding

Since 2010, a total of 138 innovative foodtech startups in MENA have individually secured $1 million or more in funding. Discover which countries are leading in this video.

MENA Foodtech Scaleups have raised more than $2.9B in the last 3 years

Foodtech scaleups in MENA raised over $4.2 billion since 2010, with 70% in the last 2.5 years. Explore more in our video on Total Scaleup Funding in the Middle East and North Africa.

Which foodtech sectors are attracting investors in MENA?

Discover the thriving foodtechs reshaping the MENA region. From food delivery to cutting-edge Q-commerce solutions, these sub-sectors are getting attention from global and regional investors.