Infographic: Analyzing Dubai’s Attractiveness For Startup Growth

  • Date: 05-Aug-2023
  • Source: Entrepreneur Middle East
  • Sector:Technology
  • Country:UAE
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Infographic: Analyzing Dubai’s Attractiveness For Startup Growth

Infographic: Analyzing Dubai's Attractiveness For Startup Growth Dubai's allure as a startup hub is prominent in the country, since the top 10 disclosed funding rounds of all time are all from startups headquartered in the Emirate.

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The UAE, with its sheer number of scaleups, has tipped the MENA average to a higher value of 0.2% scaleup Investing ratio, and 0.16% for scaleup density ratio. While a number of countries in the region have a lower scaleup investing ratio than the MENA average, countries like Jordan, Saudi Arabia, Qatar, Lebanon, and Kuwait all have above regional ratios, showing preference for startups to operate from these countries.

Image Credit: Lucidity Insights

The region and the UAE's numbers are dominated by Dubai, which has been the major benefactor of funding, with over 300 scaleups calling the metropolis their home. In comparison, the second largest group of scaleups are based in Cairo at 135, less than half based in Dubai.

Image Credit: Lucidity Insights

The UAE's dominance is also bolstered further by Abu Dhabi-based scaleups, ranking fourth in the list of top 20 cities, with Riyadh-based scaleups ranking third. While there is