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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.
More News
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BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
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