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Startup investments in the Middle East are on the rise: in 2020, despite a global pandemic, venture capital funding amounted to over $1 billion and increased 13 percent from 2019 according to a MAGNiTT report. Still, significant barriers remain that prevent greater investment and stymie the region’s economic growth.
empowerME at the Atlantic Council’s Rafik Hariri Center for the Middle East hosted a discussion about how to boost the venture capital industry in the Middle East to drive sustainable funding for startups.
Director, empowerME, Rafik Hariri Center for the Middle East
Saudi Technology Ventures (STV)
Ahmed El Alfi
Chairman and Co-Founder
empowerME at the Atlantic Council’s Rafik Hariri Center for the Middle East is shaping solutions to empower entrepreneurs, women, and youth and building coalitions of public and private partnerships to drive regional economic integration, prosperity, and job creation.
Wed, Jan 6, 2021
In the Middle East and North Africa (MENA), where gender-based inequalities are many and deep-rooted, the concern for women’s setbacks could be more serious due to the pandemic.
MENASource by Nadereh Chamlou
Mon, Jan 4, 2021
On January 4, it was reported that Saudi Arabia, Qatar and other Gulf states are expected to sign a deal towards ending the “Gulf rift.” Atlantic Council experts react to the agreement and what it means for the wider region.
Mon, Dec 14, 2020
By tapping into its large, tech-savvy youth population, which makes up more than half of its citizens, and its markedly underutilized female labor force, Jordan can position itself for dynamic post-COVID economic expansion.
MENASource by Nicole Goldin