Capital Gains: How Digital Entrepreneurs Can Master The Essential Art Of Fundraising – Entrepreneur

  • Date: 02-Nov-2021
  • Source: Entrepreneur Middle East
  • Sector:Technology
  • Country:Middle East
  • Who else needs to know?

Capital Gains: How Digital Entrepreneurs Can Master The Essential Art Of Fundraising – Entrepreneur

The Middle East's governments have always known that startups and SMEs form the backbones of their economies, employing the majority of workers, and producing the lion’s share of the non-oil gross domestic product of their countries.

Shutterstock

But even by regional standards, recent funding activity has been intensive. In Saudi Arabia, startup investment levels in the first half of this year grew by a staggering 65% over the same period in the previous year, with capital raised in the Kingdom accounting for around one dollar in every seven across the MENA region.