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As one of the world’s most influential business hubs, the Middle East requires expert attention. Business Extra provides those experts, as well as news and insights from The National’s esteemed team of business editors and reporters, who are on top of the markets, technology, the energy sector and more.
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Wednesday Jun 21, 2023
What start-ups need to know about coming to the UAE
Wednesday Jun 21, 2023
Wednesday Jun 21, 2023
In 2019, Hub71 invited start-ups to move to Abu Dhabi, promising founders free housing, office space and health insurance for the first year, access to investors and one of the most dynamic and connected regions in the world.
Four years later, Abu Dhabi’s start-up ecosystem is among the fastest-growing in the world, according to a new ranking from Startup Genome.
Amer Aidi, head of marketing and operations at Hub71, joins host Kelsey Warner this week to talk about what founders can expect if they move to the UAE and how the community – and the start-up scene in general – has changed in just four years.
In this episode:
Putting Abu Dhabi on the startup map (4m 26s)
Measuring success at Hub71 and the fight for talent (9m 03s)
Navigating the current marketplace and being sector agnostic (13m 56s)
- Silicon Valley remains top place for start-ups but Mena cities on the rise
- Funding for start-ups at Abu Dhabi's Hub71 hit $1.22bn at the end of 2022
- Abu Dhabi’s Hub71 unveils new ecosystem to support Web3 start-ups
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