5 ways Palestinian startups are shaping their society

  • Date: 03-Dec-2021
  • Source: World Economic Forum
  • Sector:Technology
  • Country:Middle East
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5 ways Palestinian startups are shaping their society





The Middle East and North Africa are home to a vibrant and dynamic entrepreneurial ecosystem and are increasingly drawing attention from international investors.

Young Palestinians are exploring innovative avenues to support their economy’s post pandemic recovery.

From health to education to affordable energy, Palestinian startups are shaping their society.



Recently, the Middle East and North Africa’s startup scene has been drawing increasing attention from international investors. Only three years after the multibillion acquisition of the region’s first unicorn, the ride-hailing app Careem, total investments in startups reached the $2bn mark in the month of October, during what has already been a record year for venture investments.From Match Group’s acquisition of Egypt’s Harmonica, to the South Korea’s IMM $64.5 mln investment in UAE’s Pure Harvest, to Swvl’s acquisition of Latin American Viapool, startups across the Middle East and North Africa frequently make international business headlines.



In this vibrant and dynamic entrepreneurial ecosystem, Palestinian startups are no exception. With 23% of people under 30 and a high literacy rate of 97%, young entrepreneurs are well-equipped to explore innovative avenues and to support the Palestinian post pandemic recovery. As much of the international attention is often focused on the regional geopolitical