{
Ahmad Ali Alwan

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Abu Dhabi's startup ecosystem sees rapid growth and global recognition

Abu Dhabi has emerged as the fastest-growing startup ecosystem in the MENA region, with a 28% increase in ecosystem value, reaching $4.2 billion from mid-2021 to the end of 2023. The city climbed 15 spots in global rankings, now positioned in the 61–70 group, and is recognized for its strong performance in funding and talent.Key players like the Abu Dhabi Global Market and Mubadala Investment Company have fostered a supportive environment, attracting startups through incentives such as 100% foreign ownership. Leadership insights highlight the collaborative efforts driving this rapid development.
dxbstart.com
United Arab Emirates Dirham ARE Marc Penzel Ahmad Ali Alwan
Business & Industry, Market Report
13:00 09.03.2025

hub71 expands with 27 global startups securing 145 million dollars in funding

Abu Dhabi's Hub71 has welcomed 27 global tech startups in its latest cohort, raising over $145 million in funding. Selected from over 1,300 applications, these startups span key sectors, with 63% based in leading tech markets like the USA, UK, and Germany. Notable additions include Vivan Therapeutics and Theion, highlighting the UAE's growing status as a global entrepreneurship hub.
Arabian Business
United Arab Emirates Dirham United States Dollar ARE GBR DEU KOR Ahmad Ali Alwan Show more
Business & Industry, News Article
12:45 11.02.2025
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