UAE, Saudi Arabia drive regional growth for startup sector sandhya@khaleejtimes.com Filed on April 3, 2021
The UAE has emerged as tech startup nation in Mena region, in terms of total capital investment by value and by no of deals.
Vijay Tirathrai, managing director of Techstars.
Alexis Lecanuet, regional managing director for Accenture in the Middle East.
Noor Sweid, founder and general partner of Global Ventures.
Taha Sajid, blockchain consultant.
Accelerators like Techstars are playing a pivotal role with tech hubs like Hub71 to facilitate innovation and investment in new startups.
The UAE and Saudi Arabia are seeing the startup sectors booming in the region as young entrepreneurs navigate for futuristic and innovative platforms.
UAE, Saudi Arabia drive regional growth for startup sector
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UAE, Saudi Arabia drive regional growth for startup sector
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Bitcoin eyes $50k in 2021
Bitcoin hit $23,238.50 on Thursday. Reuters
Bitcoin, Ethereum, XRP have shown strong momentum in the last couple of weeks.
Bitcoin’s bid to smash through the $20,000 ceiling for the first time, its highest ever, has certainly made hopes higher for those who have been actively investing in it.
The cryptocurrency jumped 4.5 per cent to move as high as $20,440 on Wednesday, and has gained more than 170 per cent this year, buoyed by demand from larger investors attracted to its potential for quick gains, purported resistance to inflation, and expectations it will become a mainstream payment method. The currency hit $23,238.50 on Thursday.