Mobility firms ekar, Cafu zoom to top of LinkedIn’s startup rankings in UAE; Lucidya is No. 1 in Saudi Arabia

Mobility firms ekar, Cafu zoom to top of LinkedIn’s startup rankings in UAE; Lucidya is No. 1 in Saudi Arabia

"These startups are keeping up with the rapid digital transformation that started during the pandemic and have continued the momentum," said Dana Moukhallati, News Editor at LinkedIn, the platform for professional networking. "The UAE is clearly a hub for some of the most diverse and progressive startups."

It's been a good run for UAE - Saudi and Middle East - startups, with funding taps turned on to turn the next big concept into a winning business formula. This is why fintechs retain their dominance in the LinkedIn listings for the year. And 'some even making an appearance for the second year in a row such as the BNPL (buy now pay later) platform Tabby," says the statement. Other fintechs included are YAP, a digital banking app with services provided by RAKBank, and NymCard, a payment-issuing and processing platform.

The rankings are based on LinkedIn data tracking where professionals want to work as well as other metrics. "It’s based on billions of actions taken by the 950 plus million members on LinkedIn," the statement said. The list's metrics include employment growth, engagement with the company and its current employees, job interest and attraction of top talent.

In the Kingdom, the customer experience and social