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FINANCIAL NEWS
GCC tech startup sector rises by over 10-fold
04 Apr 2016
(MENAFN) Governments are trying to transform their economies into knowledge-based societies, the tech entrepreneur sector in the GCC had increased by more than 10-fold.
Furthermore, the trend is permitting for more and better quality investments in promising startups, and will grow its deal year-on-year.
However, unless the whole investment cycle matures in the Mena tech startup sector, the business cycle for SMEs will suffer.
In addition, all sub-sectors in the value chain need to be invested in at the same pace and move together, while they are inter-connected.
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