The New Arabian Dream

The diversification of the economy is now a massive aspect of the Arabian dream. The GCC countries looking forward to becoming the sports hosts of the world & attracting travelers from around the globe is a deliberate attempt toward realizing this new vision. In the aftermath of the region’s economy opening up, the Arabian Peninsula is becoming a popular investment location for both regional and worldwide investors. Young entrepreneurs contribute considerably to overall

productivity development across the countries in the region. According to Wamda, investment growth has continued in the Middle East and North Africa region, with 44 startups raising more than $175m in April, up from $5m in March 2021.

While the UAE remains the top destination for startup investments, countries like Saudi Arabia and Kuwait are emerging with a solid startup ecosystem. As per reports, the British “Sortlist” platform ranked Kuwait third after Saudi Arabia and the UAE in terms of preference as an investment climate suitable for launching startups in the Middle East and North Africa. The platform saw that the region, in general, has proven to be the destination of choice for new startups in 2022, elucidating that emerging business projects brought in investments worth $323.7 million this year through 66 deals held in the month of June alone. Indeed, American investors had the lion’s share of these deals. This special issue is dedicated to the corporate ecosystem of Kuwait and the exceptional entrepreneurs to take it to the future.