By Lucidity Insights Research Team • December 19, 2024
Erika Welch, CCO of Lucidity Insights, Explores the Dubai Startup Guide | GITEX GLOBAL 2024
Our Chief Content Officer, Erika Welch, took the stage at the Expand North Star 10x Stage with moderator Ramia Farrage to unveil the highly anticipated Dubai Startup Guide 2024. Partnering with the Dubai Chamber of Digital Economy, this guide is packed with valuable insights for startups, investors, and innovators looking to make Dubai the next big hub for growth.
Watch now!
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Dubai’s Digital Economy and Its Expanding Startup Ecosystem
Dubai’s startup ecosystem will have raised over USD 2 billion by the end of 2022, with self-employed and digital economy roles tripling. Few MENA markets have a 20-year-old startup ecosystem birthing multiple unicorns. Dubai has been the digital startup hub for tech giants and new unicorns alike. Since 2017, Dubai has raised 96% of UAE’s funds, totaling over USD 2 billion by October 2022. LinkedIn data shows a booming digital economy job market with increasing opportunities and remote work options. Learn from top home-grown startups and global transplants why Dubai is poised to become the next digital economy capital of the world.
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The UAE is home to 12 unicorns, with Dubai driving growth as a global hub for innovation, startups, and entrepreneurship success.
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July 2024 sees a 123% YoY increase in MENAPT VC funding, with Pathfinder, MNT-Halan, and Magenta Medical leading the charge.
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Dubai is making rapid strides towards becoming the world's Digital Economy Capital by 2030. Meet the startup founders shaping this transformation. Watch the video to learn more!
