You are here

Hunting unicorns in the desert amid the rise of Arab startups

Investors now include some of the Gulf's wealthiest individuals and biggest companies

BT_20170915_DUBAI_3086518.jpg
The Gulf is fertile ground for startups. In the two biggest economies, Saudi Arabia and the United Arab Emirates, economic output per person is US$22,000 and US$40,000 respectively.

Dubai

IN the rapidly evolving gig economy, there is a new way to car shop: spot one on the road that appeals, snap its photo with your phone and an app will contact sellers of similar cars near you and negotiate the lowest price - all within a few minutes.

It's remarkable not only...

sentifi.com

Market voices on: